The XII company, founded by Ilon Mask, is going to attract more $ 12 billion to continue development against the background of high costs for artificial intelligence. This will happen shortly after the company has already received $ 10 billion investments.
According to The Wall Street Journal, XII collaborates with the Valor Equity Partners Foundation to organize a new round of funding. Funds will be used to purchase NVIDIA video cards, which the company plans to rent for the work of a huge COLOSSUS Data Center. It will be used for the training and work of the GROK AI model.
Musk said that the purpose of the XII is to achieve 50 million computational modules in five years. But competition with giants such as Google, Microsoft, remains a serious task, experts are drinking.
In 2025, the company spent about $ 13 billion, while remaining unprofitable. The income is still minimal. XII has already received $ 5 billion on the security of its data centers, video cards and technologies.
