Colossus hosts 200,000 Nvidia processors, most of which are not based on the chipmaker’s latest Blackwell architecture. The Colossus 2 data center will improve upon its namesake both in chip quality and quantity. It will feature 55,000 Blackwell chips at full capacity.

Oct 8 - Elon Musk's artificial intelligence startup xAI (XAI) is raising about $20 billion through a mix of equity and debt, according to a Wednesday Bloomberg report. The deal centers on an unusual structure that ties financing directly to Nvidia (NASDAQ:NVDA) hardware for xAI's upcoming Colossus 2 data center in Memphis.

Elon Musk’s xAI secures a 20 billion raise with Nvidia’s support, reshaping the AI landscape as Tesla’s stock falters, raising questions about Musk’s time allocation and Tesla’s future.