Musk’s xAI In Talks to Lease Saudi Data Center Capacity

from Bloomberg Tech · host Bloomberg

Bloomberg’s Ed Ludlow discusses the rise in Nvidia shares as CEO Jensen Huang says he expects to get the first batch of US licenses to export H20 AI chips to China soon. Plus, Elon Musk’s xAI is in talks to lease data center capacity in Saudi Arabia. And markets react to reports that President Trump has held talks about firing Federal Reserve Chair Powell.See omnystudio.com/listener for privacy information.

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This episode was published on July 16, 2025.

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