SpaceX reported Q2 revenue of $7.81 billion, up 92% from $4.1 billion a year earlier, beating the $6.93 billion analyst consensus, but shares fell roughly 8% after hours due to an $18.37 billion capit…
National Cyber Director Sean Cairncross said Tuesday at the Black Hat cybersecurity conference that the Trump administration wants U.S.-built open-source AI to become the preferred technology worldwid…
Entrepreneur Peter Diamandis, founder of the XPRIZE Foundation, argues SpaceX could become the first company to reach a $10 trillion valuation, citing its five interconnected businesses including Star…
Nvidia led an $800 million investment in Reflection AI, a startup founded in March 2024 by former DeepMind researchers Misha Laskin and Ioannis Antonoglou, which has raised $2 billion at an $8 billion…
American open-source AI labs, including startups Thinking Machines, Reflection AI, and Poolside, are attempting to challenge the dominance of Chinese open-source models like Kimi and DeepSeek, accordi…
Elon Musk denied reports that SpaceX had placed a $52 billion order for NVIDIA GPUs, calling the claim 'fake news' on X. The rumored deal, cited by Taiwanese media, would have involved approximately 1…
SpaceX is in talks to sell the Pentagon data-center capacity for AI models, in a potential deal worth several billion dollars, according to The Wall Street Journal. The company, already a major Pentag…
Reflection AI signed an AI compute deal worth more than $1bn with Amsterdam-based cloud provider Nebius, securing access to Nvidia's newest GB300 chips through 2029. The agreement marks Reflection's s…
Reflection AI, a U.S. startup developing open-weight AI models, signed a $1 billion compute deal with European AI infrastructure company Nebius, formerly the international arm of Yandex, to access Nvi…
AI startup Reflection AI has signed a computing agreement worth over $1 billion with cloud provider Nebius Group NV to secure access to NVIDIA Corp.'s GB300 AI chips through 2029. The deal, announced …
Reflection AI, the open-source frontier lab founded by former Google DeepMind researchers Misha Laskin and Ioannis Antonoglou, has signed a multi-year computing agreement with Nebius worth more than $…
Nebius Group has agreed to sell more than $1 billion in computing power to Reflection AI, a US-based AI research lab founded in 2024 by former Google DeepMind researchers Misha Laskin and Ioannis Anto…
Open-source AI models face a potential ban or severe restrictions within six months as the White House considers new executive orders targeting frontier open-weights models, driven by fears of Chinese…
SpaceX's near-term AI value lies in terrestrial compute infrastructure, not orbital plans, with deals for its Colossus supercomputer clusters expected to generate over $28 billion in annual revenue, f…
The Chinese government is considering restricting overseas access to its most advanced AI models and limiting foreign funding of domestic AI startups, which could end the era of cheap open-weight AI m…
SpaceX has secured contracts with Anthropic, Google, and Reflection AI to rent GPUs, generating an annualized revenue run rate of approximately $28 billion. The deals, including a $6.3 billion commitm…
Reflection AI committed $150 million per month to SpaceX for Nvidia GB300 chips at the Colossus 2 data center, totaling $6.3 billion through 2029, in the largest infrastructure bet on open-weight fron…
SpaceX has transformed into an AI landlord by leasing computing power from its Colossus data center to AI startups and tech giants, mirroring McDonald's real estate model. The company has signed deals…
SpaceX closed a $150 million per month AI compute deal with open-source startup Reflection AI, converting itself into a neocloud provider. Meanwhile, AI infrastructure startup Baseten raised a $1.5 bi…
SpaceX has become a $28 billion per year neocloud business through GPU rental deals with AI companies including Anthropic, Google, and Reflection AI, according to analyst Jamin Ball. The company's ann…