XAI raised billions to build AI models but now rents its Memphis data center to competitors Anthropic and Google, generating $26 billion annually. Apple admitted it cannot run its own AI assistant and…
OpenAI filed confidentially for an IPO, joining SpaceX and Anthropic in the public-market pipeline, as the AI industry faces growing public skepticism. The filing raises questions about revenue recogn…
SpaceX will go public Friday at a $1.75 trillion valuation in the largest IPO in history, but the company's core wager is not rockets — it is a money-losing AI business that lost $6.4 billion last yea…
SpaceX is pricing a $75 billion IPO, the largest in history, while its AI unit lost nearly $8 billion last quarter. OpenAI and Anthropic are also reportedly preparing public listings, and Alphabet is …
Google has purchased compute capacity from SpaceX, while Broadcom's earnings outlook and Apple's political maneuvering around AI are shaping the tech landscape. The deals signal bullish momentum for N…
XAI has formed partnerships with Anthropic and Google to provide massive datacenter capacity, with fees reaching $1.25 billion per month for 300 MW of capacity. The deals, which include cancellation c…
Bitcoin whales are rotating out of Bitcoin into cash ahead of SpaceX's initial public offering scheduled for June 12, 2026, according to The Duran. NASDAQ has shortened the standard inclusion waiting …
Staff at ASML, one of Europe’s most valuable chip machinery makers, are threatening to boycott an internal company conference after it invited Elon Musk to deliver a keynote address via video link. Em…
SpaceX is targeting a $1.77 trillion valuation for its planned Nasdaq IPO in June 2026, aiming to raise approximately $75 billion in what could become one of the largest public offerings in history. M…
The S&P 500 and Nasdaq suffered a sharp pullback on Friday, but the AI-driven rally remains supported by robust earnings upgrades and persistent compute bottlenecks. AI infrastructure demand is broade…
Rob Arnott, founder of Research Affiliates, warned that upcoming IPOs from SpaceX, Anthropic, and OpenAI could create a prolonged drag on equity markets by diverting tens of billions of dollars from e…
Google has agreed to pay SpaceX $920 million per month starting October 2026 through June 2029 for access to xAI's data centers, according to a SpaceX SEC filing. The deal, valued at $30 billion, gran…
Google will pay SpaceX $920 million per month from October 2026 through June 2029 for access to 110,000 Nvidia GPUs, in a deal worth roughly $30 billion. The agreement, disclosed in a regulatory filin…
SpaceX has signed a $920 million per month deal to lease AI computing capacity to Google, providing the tech giant access to 110,000 Nvidia chips for its Gemini Enterprise platform, according to an SE…
SpaceX must grow revenue 60-fold to $1.1 trillion by 2035 to justify its expected $1.75 trillion IPO valuation, according to valuation expert David Trainer. No company in history has achieved the requ…
OpenAI expanded Lockdown Mode to all ChatGPT users, including the free tier, to protect against prompt injection attacks by restricting features like web browsing and file downloads. Google signed a d…
Goldman Sachs projects SpaceX's AI division revenue will surge from $3.2 billion in 2025 to $322 billion by 2030, a 100-fold increase that would make AI the company's dominant business line. The inves…
Google has agreed to pay SpaceX $920 million per month for compute capacity from October 2026 through June 2029, according to a SpaceX SEC filing. The deal, which includes approximately 110,000 NVIDIA…
S&P Dow Jones Indices declined to fast-track SpaceX into the S&P 500 and rejected a broader rule change that would have eased entry for newly public megacaps, including unprofitable AI firms such as O…
Google will pay SpaceX $920 million per month from October 2026 through June 2029 for access to approximately 110,000 NVIDIA GPUs and related components housed at SpaceX's xAI data centers, according …