Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock – anytime. Unlock Rankings chips. What Happened: xAI is working with Valor Equity Partners to line up financing from lenders, with the capital earmarked for purchasing high-end Nvidia GPUs, reported the Wall Street Journal, citing people familiar with the situation. The chips would be leased back to xAI to support its AI chatbot Grok and broader large language model training efforts. On Tuesday, Musk posted on X, formerly Twitter, that xAI is currently training Grok on 230,000 GPUs, including 30,000 Nvidia GB200 AI chips. He also revealed that a new supercluster with 550,000 GB200 and GB300 chips will soon be operational.