Ah, the thrill of a GPU buying spree—once you start, it’s hard to resist adding even more to your collection.

According to The Wall Street Journal, xAI is in discussions with private equity firms to secure $12 billion for enhancing its stock of Nvidia chips aimed at dominating the AI landscape. This comes hot on the heels of raising an estimated $10 billion from stock and debt sales.

Valor Equity Partners, tied closely to Musk, is reportedly in negotiations with lenders to gather the necessary funds.

Musk, despite being the world’s richest individual, has opted against teaming with established cloud providers for his AI initiatives, instead drafting plans to construct and manage his own infrastructure.

Further associated endeavors include SpaceX, which has been mentioned to funnel $2 billion into xAI’s ventures, reminiscent of how one might reallocate budget for a summer getaway—but in Musk’s case, it involves amassing extensive AI hardware instead.

With his current Nvidia GPU collection already substantial, Musk aims to further expand with the new acquisition—a move that some foresee as part of a burgeoning arms race in AI hardware.

Nvidia CEO Jensen Huang remarked on Musk’s operational feats, saying, “That is, like, superhuman. There’s only one person in the world who could pull that off.”

It will be fascinating to see how quickly xAI can ramp up its GPU order, further demonstrating their commitment in this competitive tech space.