Oct 26 : SpaceX said on Monday it would lease data center hardware, including AI chips, from an entity managed by Apollo Global Management under a deal totaling roughly $40 billion in principal payments.
Source: Reuters
SpaceX has inked a significant deal with Apollo Global Management, a leading asset manager, to finance the procurement of AI chips. This partnership underscores SpaceX's commitment to leveraging cutting-edge technology, particularly in the realm of artificial intelligence, to drive innovation and growth.
Oct 26 : SpaceX said on Monday it would lease data center hardware, including AI chips, from an entity managed by Apollo Global Management under a deal totaling roughly $40 billion in principal payments.
Source: Reuters
SpaceX signs a $40 billion equipment finance lease agreement with Apollo to finance Nvidia GPUs for AI initiatives, set to close by the end of 2026. This partnership accelerates SpaceX's technological advancements in artificial intelligence, positioning it as a frontrunner in the field.
Anthropic, the company behind Claude, is preparing to list on the Nasdaq exchange with the filing of its S-1 prospectus, aiming to revolutionize every area of human endeavor with AI. The company has a net loss of $80.7 billion on $16.3 billion in revenue, and its ambitious plans include managing AI’s potential benefits while addressing risks. Anthropic believes AI is one of the most consequential technologies in human history and envisions it accelerating scientific innovation, increasing economic growth, bringing…
Anthropic, a company focused on developing advanced artificial intelligence models, has filed for an initial public offering (IPO) in the first half of 2026, marking a significant milestone in the company's journey towards public market access. The filing shows a substantial improvement in the company's financial performance. In the first half of 2025, Anthropic reported a net loss of $13 billion on revenue of $1.2 billion. By the first half of 2026, the company's financial situation has improved markedly, with a…