Overview

• The startup is negotiating up to $12 billion in debt financing to purchase and lease back Nvidia GB200 and GB300 chips for its AI infrastructure.
• Elon Musk confirmed that Grok is already training on 230,000 GPUs, including 30,000 of Nvidia’s GB200 accelerator units.
• xAI plans to bring a 550,000-GPU supercluster online soon, more than doubling its current compute capacity.
• Sources say lenders may impose a three-year repayment schedule and borrowing caps as conditions of the debt facility.
• Musk also outlined a five-year roadmap to deploy 50 million H100-equivalent AI compute units to sustain future model development.