SpaceX IPO Filing Reveals Anthropic Is Paying $15 Billion a Year to Access Its Data Centers
… Excerpts of the IPO filing seen by Reuters before it was published showed that the only person who can fire Musk is the billionaire himself. …
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SpaceX Listed Grok’s ‘Spicy’ Mode as a Risk in Its IPO Filing
… Disclosing potential business risks is a routine and legally required part of IPO filings, and some of the concerns outlined by SpaceX may never materialize. …
Anthropic Confidentially Files for What Could Be the Largest IPO Ever
… The IPO could also be a boon for large shareholders such as Amazon and investors that made some of the first bets on the company, including Skype cofounder Jaan Tallinn. If all goes well, Anthropic’s IPO could rival that of SpaceX as the largest ever. …
Activists Are Taking On Elon Musk’s SpaceX IPO
… The IPO “will bring an infusion of cash that Musk will control and tap for personal and political gain,” says the loosely organized activist group Divest From Tesla. “Just as he has tapped Tesla to access tremendous wealth that he used, not for the greater good, but to sow seeds of chaos and fascis… …
Former OpenAI Staffers Warn That xAI’s Poor Safety Record Could Complicate SpaceX’s IPO
… Musk claimed his rocket company could launch data centers into space for his AI lab, but the letter's authors argue that xAI’s poor record on safety issues could complicate how investors view the combined company as it gets ready to submit its IPO prospectus filing. …
SpaceX Is Spending $2.8 Billion to Buy Gas Turbines for Its AI Data Centers
… In March, SpaceX agreed to buy $805 million worth of turbines from an unnamed company through 2029, according to the IPO filing. …
Musk v. Altman Is a Battle for OpenAI’s Soul
The stakes are especially high for OpenAI’s corporate future, as a bad outcome in this case could negatively impact its plans to file for an IPO later this year. …
Greg Brockman Officially Takes Control of OpenAI’s Products in Latest Shake-Up
… OpenAI leaders are hoping to simplify product offerings ahead of its plan to file for an IPO, which could happen later this year. …
OpenAI Executive Kevin Weil Is Leaving the Company
… OpenAI is trying to refocus the company around a few key areas, such as enterprise offerings and coding, as the company faces increasing pressure from rivals like Anthropic and gears up to file for an IPO later this year. …
Why Amazon Is Buying Globalstar—and What It Means for Your iPhone
… SpaceX also seems to be filing for an IPO very soon, with a reported and ridiculous goal of hitting a $1.75 trillion valuation. …