xAI pivots toward neocloud as Grok usage falls, rents Colossus 1 to Anthropic

TechCrunch reports xAI is effectively becoming a neocloud: Musk says training has migrated to Colossus 2, freeing the original facility, which is now being rented to Anthropic. The rental helps xAI's balance sheet amid plummeting Grok usage following image-generation controversies, and could support a future SpaceX-linked IPO narrative.