Nvidia supports multiple AI competitors including SpaceXAI's Grok 4.7
Nvidia is strategically supporting various leading artificial intelligence (AI) models, including the latest release from SpaceXAI called Grok 4.7. The chipmaker has positioned itself as a key supplier to all major players in the AI race—OpenAI, Anthropic, and Elon Musk’s xAI arm of SpaceX. This approach allows Nvidia to benefit regardless of which model ultimately dominates the market. Nvidia's financial stake is significant: it holds investments worth approximately $61 billion across these top AI startups. The company also provides hardware for training and running models through its GPUs, with recent examples including a deal where SpaceX rented out over 220,000 of Nvidia’s GPUs to Anthropic. The market response has been positive; Nvidia shares rose by 2.2% on the day Grok 4.7 was announced.
Topics: AI models chip supplier Grok 4.7 Nvidia SpaceXAI