… Middle East – funding + datacenters, a winning combination? To be clear, in typical xAI & Elon fashion, the company’s future is highly unpredictable. But given funding needs, we see a large-scale expansion in the Middle East as likely. …
… However, Anthropic recently raised $30 billion in a Series G funding round, valuing the company at $380 billion . It would not be too wild a guess to say some of that cash may have gone into funding the Colossus agreement. …
… All told, including $1 billion from the Series H round, $1.3 billion in cash and marketable securities, and $1 billion in working capital from its $20 billion, 750 megawatt deal to install CS waferscale systems at OpenAI between now 2028 plus another 3 gigawatts of gear in 2029 and 2030. …