PANews reported on October 8th that, according to Jinshi, Nvidia CEO Jensen Huang confirmed that Nvidia has invested in Elon Musk's startup xAI. Huang expressed excitement about xAI's ongoing fundraising and stated that he hopes to participate in almost any field Musk is involved in. Regarding OpenAI, another AI giant, Huang mentioned that the deal between Nvidia and OpenAI will help the startup prepare to become a "self-hosted hyperscale data center operator," but he was not aware of the deal between OpenAI and AMD until it was publicly announced. Huang also expressed regret for not investing in OpenAI earlier, noting that OpenAI's revenue is growing exponentially. When asked how OpenAI would fund the deal with Nvidia, Huang responded that OpenAI "doesn't have any money yet" and would raise funds through revenue and equity or debt financing.