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Musk’s xAI in Talks to Lease Saudi Data Center Capacity | Bloomberg Tech 7/16/2025
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July 16, 2025
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45:03Now PlayingBloomberg’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 Donald Trump has held talks about firing Federal Reserve Chair Powell.
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"Bloomberg Technology" is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.
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