Nvidia → xAI: $2B investment

Nvidia in Colossus 2 SPV. Nvidia puts up to $2 billion of equity into the $20 billion vehicle that buys its GPUs and leases them to xAI: the money flows back to Nvidia as chip sales.

This deal is 2% of everything Nvidia pays and 1% of everything xAI receives in this database.

Date

Oct 8, 2025

Paid by

Nvidia

Received by

xAI

Type

Investment

Amount

$2B

Status

reported

Note

up to $2 billion of equity in the SPV

See on the map