… The deal, the company said, “allows us to monetize unused compute capacity in our infrastructure.” The terms of the deal allow either side to terminate the contract with 90 days’ notice. “We expect to enter into additional similar services contracts,” the filing stated. …
Earlier this month, xAI signed a major compute deal with Anthropic , pledging billions of dollars a month for exclusive use of the company’s Colossus cluster. It was a coup for both companies, giving xAI some much-needed revenue and helping Anthropic catch up in the never-ending race for compute. …
… There’s been a lot of reporting about how Anthropic’s been looking for more compute … and it seems like an escape valve for them to be able to strike this deal and get access to all this compute. …
… The potential deal comes as SpaceX gears up for its $1.75 trillion IPO later this year, selling investors on the idea that data centers in space will be the cheapest place to put AI compute within the next few years. …
… That deal was good news for the startup’s investors, who got paid out in cash with what would have been Nvidia’s largest purchase, if the deal was a full-acquisition, Axios reports. …
… We’ve previously rounded up Nvidia’s investments in AI startups , including 67 venture deals in 2025. …
… Pre-IPO deals and events Leading up to the IPO, SpaceX locked in a string of deals, mostly selling off compute to improve its balance sheet. Anthropic will pay xAI $1.25B per month for compute : Initial coverage of the Anthropic deal on May 20. …
… He also earned a PhD in computer science from UC Berkeley, focused on networking and distributed systems. …
… They installed the packaged chip into a computer, turned it on and the entire founding team pictured below “just stood in the lab and stared at it,” he said. “Watching a computer run is about as exciting as watching paint dry. …
… Puklowski is pursuing colocation deals — arrangements where General Compute installs its hardware in someone else’s facility — not just with data center providers, but also with crypto miners looking to repurpose their infrastructure as the cost of producing a bitcoin has often exceeded its price. …
