NVDA - MUSK’S XAI PURSUES 20B NVIDIA CHIP LEASE DEAL xAI is pursuing a 20 billion lease-to-own deal for Nvidia chips to build its second data center in Memphis. Unlike rivals, xAI aims to own most of its infrastructure. Valor Equity Partners is raising 7.5 billion in equity and 12.5 billion in debt for the purchase, with Nvidia contributing 2 billion. The structure shifts most financial risk to Valor, a longtime Musk ally.(*Walter Bloomberg)