Further expansion will require ample funding. Required CapEx for Colossus 2 will be in the tens of billions of dollars, and xAI is yet to generate any meaningful external revenue, with the preponderance of the rumored 9 digit revenue ARR being inter-company transfers from X.com to xAI. We’ve forecasted xAI’s CapEx on Core Research, our institutional research service and are now closely tracking the ROIC of AI investments across the hyperscalers and AI labs in our new Tokenomics model.
xAI's Colossus 2 - First Gigawatt Datacenter In The World, Unique RL Methodology, Capital Raise… Training of DeepSeek's next generation model was also delayed by the use of Huawei chips , as we also said in the debrief. This is not a stable equilibrium. There are always moving pieces in the race for intelligence. …
… The AWS infrastructure buildout is aimed at taking a chunk of this for its key customer will also focusing on training . While Anthropic makes less headlines than peers like OpenAI, xAI and Meta, is it all-in on the AGI race and isn’t planning to be shy on training spending. …
… Short answer: no . xAI is still squarely in the frontier-AI race and is positioned to leapfrog most rivals again on compute. By our estimates, its total datacenter capacity for a single training cluster will surpass Meta Superintelligence and Anthropic by Q3 2025. …
… Most customers are engaged in an AI arms race with their competitors, meaning that availability remains a critical differentiator. Customers frequently require immediate resource provisioning and want their clusters available not just today, but they practically want them available yesterday. …
… Llama 4 Failure – From Open-Source Prince to Behemoth Pauper Before we dive into the Superintelligence Talent race, we should take a look at how Meta found itself in this awkward position. After leading the open-source frontier with Llama 3, Meta now finds itself trailing China’s DeepSeek. …
… Many people will erroneously claim GlobalFoundries dropped out the leading-edge race because they stopped their 7nm node development. …