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Musk’s xAI Nears $10 Billion Deal to Rent Oracle’s AI Servers

Elon Musk’s 1-year-old artificial intelligence startup, xAI, has been talking to Oracle executives about spending $10 billion to rent cloud servers from the company over a period of years, according to a person who has been involved in the talks.The deal would make xAI one of Oracle’s largest customers as Musk tries to catch up quickly to rivals that have already spent billions of dollars on specialized servers needed to train and run conversational AI. The proposed $10 billion deal would be si...

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