Elon Musk's xAI Flips The Switch On 100K Nvidia H100 GPUs Worth Up To $4B In Memphis Supercluster: 'Most Powerful AI Training Cluster In The World'
Portfolio Pulse from Rounak Jain
Elon Musk's AI startup, xAI, has initiated the training of the Memphis Supercluster using 100,000 Nvidia H100 GPUs, making it the most powerful AI training cluster in the world. This investment is valued between $3 billion to $4 billion, representing 50% to 67% of xAI's recent $6 billion fundraising.
July 22, 2024 | 12:30 pm
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Nvidia's H100 GPUs are being used in Elon Musk's xAI Memphis Supercluster, the most powerful AI training cluster in the world. This significant investment of $3 billion to $4 billion highlights the demand for Nvidia's advanced GPUs.
The use of 100,000 Nvidia H100 GPUs in xAI's Memphis Supercluster underscores the high demand and critical role of Nvidia's technology in AI advancements. This substantial investment is likely to positively impact Nvidia's stock price in the short term.
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