Nvidia(US:NVDA) 智通财经网·2025-10-08 00:54Group 1 - xAI, an AI startup owned by Musk, is advancing a financing round expected to exceed initial plans, potentially reaching $20 billion, with NVIDIA participating in equity investment [1] - The financing will consist of approximately $7.5 billion in equity and up to $12.5 billion in debt, structured through a special purpose vehicle (SPV) to procure NVIDIA processors [2] - The SPV will allow xAI to lease the chips for five years, providing a unique model for tech companies to mitigate debt risk by using GPUs as collateral [2] Group 2 - NVIDIA aims to leverage its financial strength to accelerate AI technology deployment across industries, with plans for stock buybacks and strategic acquisitions [3] - Apollo Global Management and Diameter Capital Partners are involved in the debt financing, while Valor Capital leads the equity financing [3] - The demand for funding at xAI is urgent, as the company has raised about $10 billion earlier this year but faces a cash burn of $1 billion per month [4]