Elon Musk’s xAI Reportedly Looking To Raise As Much As $25 Billion As It Continues Work On The Colossus 2 Supercomputer That Is Expected To House 1 Million NVIDIA GPUs At A Cost Of Over $35 Billion

OSTN Staff

After doubling the size of its existing Colossus supercomputer to 200,000 NVIDIA GPUs, Elon Musk’s xAI has already started work on its next most ambitious project, and to acquire the attendant mammoth funding, the AI-focused enterprise is looking to raise a significant amount of money in its upcoming funding round. During a call with xAI’s current investors last week, Elon Musk is reported to have said: “We’re going to put a proper value on the company.” According to CNBC’s Faber, the investors present on the call interpreted this statement as an indication of an upcoming funding round. While speculative, Faber […]

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