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Elon Musk's xAI Seeks $25 Billion for Colossus 2

4/22/2025

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Summary

Story summary

Elon Musk's xAI is on a bold mission to secure up to $25 billion in funding, aiming to skyrocket its valuation to between $150 billion and $200 billion. Fresh off acquiring the social media giant X, the company is hard at work on the ambitious Colossus 2 supercomputer, which will feature a staggering 1 million NVIDIA GPUs, all while generating around $1 billion in yearly revenue.

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Story summary

Elon Musk's xAI is on a bold mission to secure up to $25 billion in funding, aiming to skyrocket its valuation to between $150 billion and $200 billion. Fresh off acquiring the social media giant X, the company is hard at work on the ambitious Colossus 2 supercomputer, which will feature a staggering 1 million NVIDIA GPUs, all while generating around $1 billion in yearly revenue.