xAI AI compute deals

xAI is party to 2 deals in the ledger, the buyer in all 2. The 1 with a stated price add up to $20B in headline value. Stated capacity: 0.5 GW. Counterparties: HUMAIN, SPV.

Verified 9 Nov 2026. Sums count each row’s headline figure as stated, cancelled deals excluded. Open in the full ledger

  1. xAI–HUMAIN 500 MW+ data center in Saudi Arabia

    Buys from HUMAIN

    No dollar value disclosed. 500 MW+ is the flagship facility size.

    n/d 0.5 GW announced
  2. xAI $20B GPU financing via SPV for Colossus 2 (NVIDIA-backed)

    Buys from SPV (NVIDIA GPUs)

    About $20 billion: ~$7.5B equity + up to $12.5B debt, per Bloomberg. Not officially confirmed by xAI. SpaceX's Q3 2026 10-Q carries $12.9 billion of debt from GPU leases with Valor-managed entities.

    $20B1 announced