Insiders: Musk's xAI plans to spend nearly $10 billion to lease Oracle cloud servers
According to ChainCatcher, citing sources from The Information, Elon Musk's AI startup xAI, which was established only a year ago, has been in talks with executives from Oracle Corporation, planning to spend $10 billion over several years to lease cloud servers from Oracle. This deal would make xAI one of Oracle's largest clients.