SpaceX S-1 Filing: Top Revelations From IPO Prospectus

SpaceX S-1 Filing: Top Revelations From IPO Prospectus

Elon Musk’s SpaceX officially kicked off its march to Wall Street on Wednesday, filing the S-1 paperwork required for its hotly anticipated IPO. Loading audio narration… Although the S-1 didn’t reveal key figures investors are waiting on — such as SpaceX’s estimated stock value and anticipated public share price — it did offer the first … Read more

Anthropic will pay xAI $1.25 billion per month for compute

Anthropic will pay xAI .25 billion per month for compute

Earlier this month, Anthropic surprised the AI world with a deal to buy 300 megawatts worth of compute — securing the entire output of the Colossus 1 data center near Memphis, Tennessee.  Turns out, compute at that scale isn’t cheap. Anthropic will be paying xAI $1.25 billion per month through May 2029, with a discounted … Read more