AI Compute
14 stories related to this topic, newest first.
ndtv.comSpaceX Signs Deal to Lease AI Compute Capacity to Google for Up to $920 Million Per Month
The agreement, disclosed in a regulatory filing on Friday, runs from October 2026 through June 2029. It was announced one week before SpaceX’s planned IPO.
medianama.comRumble to Launch AI Compute Services in Mid-June
Rumble announced plans to enter the AI compute-as-a-service market by mid-June. The video platform aims to compete with major cloud providers. Shares rose 7 percent after the disclosure.
SemaforExchanges plan futures contracts for AI computing power
Wall Street firms and startups are developing futures markets for GPU processing capacity. The contracts would allow trading of AI compute at set future prices. Plans involve major exchanges and pricing data providers.
writings.stephenwolfram.comSpaceX Expands AI Compute Services Through Anthropic Partnership
SpaceX has expanded its partnership with Anthropic to provide AI computing capacity at large scale. The company is also in talks with additional firms and plans to use orbital data centers for future growth.
bloombergquint.comSpaceX Outlines Plans for Orbital AI Compute and Banking Services
SpaceX detailed long-term plans that include deploying modular orbital AI compute shells by the end of the decade. The company also intends to offer payment and banking services and expand collaboration with Tesla and Intel.
ForbesCanada Announces $66 Million in AI Compute Funding for British Columbia
Canada's Minister of Artificial Intelligence and Digital Innovation Evan Solomon announced 44 new projects in British Columbia receiving up to $66 million from the country's Compute Access Fund. The funding subsidizes compute costs to support domestic data centers and companies.
TechcrunchCowboy Space Raises $275 Million to Develop Rockets for Orbital Data Centers
The company announced a $275 million Series B funding round at a $2 billion post-money valuation to build its own rockets. It cited insufficient launch capacity and high costs as barriers to scaling orbital data centers for AI compute. The startup, which pivoted from space solar…
manilatimes.netStartup Seeks To Pool AI Compute Capacity Across Data Centers
A new artificial intelligence compute company aims to operate like an independent system operator for power grids by aggregating capacity from multiple cloud providers. The venture has thousands of chips running in production and expects several hundred megawatts of capacity onli…
qz.comSpaceX Files Plans for $55 Billion Chipmaking Facility in Texas
The company filed plans for a semiconductor manufacturing site known as Terafab that aims to produce more than one terawatt of AI compute capacity per year. The project, developed by SpaceX, Tesla, and xAI, would be located in Grimes County, Texas. Local officials are scheduled t…
finance.yahoo.comChronoScale Appoints Cenly Chen as CEO
ChronoScale appointed Cenly Chen as CEO amid rising demand for GPU AI compute infrastructure. The company is pursuing scaling of its GPU AI compute infrastructure. seekingalpha.com reported the appointment is intended to occur amid the increasing demand.
Substrate placeholder — needs reviewForbes Releases 2026 30 Under 30 Finance List for Europe
Forbes has published its 2026 30 Under 30 Finance list, highlighting young professionals in the sector. The list features individuals working on payments, business succession, IT subscriptions, real estate investment, venture capital, AI compute management, and fintech operations…
thewire.inSpaceX Warns of Unproven Tech in Orbital Data Centers and Mars Plans Ahead of IPO
SpaceX disclosed in an SEC filing that its initiatives for orbital AI data centers and interplanetary infrastructure rely on unproven technologies and may lack commercial viability. The filing contrasts with public statements by Elon Musk on space-based AI compute and Mars coloni…
entrepreneur.comAllbirds Stock Surges After Announcing Pivot to AI Compute Services
Allbirds, a former shoe company, announced a shift to providing AI GPU services under the name NewBird AI, leading to a sharp increase in its stock price. The company plans to raise $50 million to acquire GPU assets amid high demand for AI compute resources. Sales had previously…
Substrate placeholder — needs reviewAllbirds Inc. Raises $50 Million Through Convertible Notes for AI Infrastructure Pivot
Allbirds Inc. announced it raised $50 million via convertible notes. The company plans to shift from retail operations to AI compute infrastructure. This move includes a rebranding to NewBird AI.