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COLOSSUS 1
SpaceX IPO gets Cryptocurrency touch. Here's howSpaceX, which began its roadshow last week, has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is...- SpaceX lands Google AI compute deal after Anthropic pact ahead of IPOAs part of the deal, Google will pay SpaceX $920 million monthly from October this year to June 2029, with capacity ramping up through Se...
- Elon Musk defends AI ambitions as IPO reveals troubleElon Musk insists that his artificial intelligence venture xAI remains a serious competitor, pushing back against mounting doubts after rev...
- Why Indian investors are looking at space economy ETFs ahead of SpaceX IPO: Subho Moulik of Appreciate decodesIndian investors are eyeing the global space economy ahead of the SpaceX IPO. With no pure-play listed space companies in India, global ETF...
- SpaceX IPO filing lays bare losses and Musk control as it stakes future on AIElon Musk plans to take SpaceX public with a valuation of nearly $1.75 trillion. This ambitious figure is drawing scrutiny from Wall Street...
- Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing powerAI firm Anthropic is set to achieve its first quarterly operating profit. Sales are projected to double in the June quarter, reaching at le...
- SpaceX IPO filing lays bare losses and Elon Musk control as it stakes future on AISpaceX has filed for its IPO, revealing substantial losses in its artificial intelligence division. The company's future hinges on unproven...
- Google, SpaceX in talks to explore data centers in orbit, WSJ reportsGoogle is in talks with Elon Musk's SpaceX for a rocket launch deal. The search giant aims to place orbital data centers in space. Google i...
- SpaceX to give Anthropic access to its massive AI supercomputerSpaceX has inked a deal to grant Anthropic access to its Colossus 1 AI supercomputer. This collaboration aims to enhance computing power fo...
- Anthropic hits $1.2 trillion implied valuation after 20% surge in 7 days – here's why the AI startup is overtaking OpenAI in pre-IPO marketAnthropic pre-IPO valuation explained: AI startup Anthropic's implied pre-IPO valuation has surged to a record $1.2 trillion, a 20% increas...
- SpaceX says it has option to acquire startup Cursor for $60 billionSpaceX is exploring a significant move into AI developer tools by securing an option to acquire code-generation startup Cursor for $60 bill...
- SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources saySpaceX is preparing for a historic Initial Public Offering. The company is hosting analysts this week for briefings at its Texas launch fac...
- NAACP sues Musk's xAI, alleging illegal operation of gas turbinesThe NAACP has sued xAI and its subsidiary MZX Tech, alleging they illegally operated gas turbines to power a data centre in Mississippi wit...
- How Alcaraz’s despair after third-round loss in Miami reminds us even the best endure moments of frailtyLast week in Miami, a 22-year-old young man was frustrated, fragile and enraged. That young man is the world’s best tennis player, the owne...
- Elon Musk's xAI buys third building to expand AI compute powerElon Musk said his AI firm xAI has bought a third building, 'MACROHARDRR', to expand computing power for training models. The move supports...
- Elon Musk’s most valued venture faces shutdown, and the ripple effects could transform America’s futureElon Musk’s Colossus supercomputer in Tennessee, powering his AI company xAI, faces a possible shutdown amid growing health concerns and po...
- Chips down but not out: Nvidia could receive business worth a whopping $40 billion from Elon Musk; here's the breakdownElon Musk's xAI is heavily relying on Nvidia's GPUs to build its Colossus supercomputer for training the Grok LLM. Initially, xAI utilized ...
- Elon Musk's xAI buys new property in Memphis amid supercomputer expansionThe new investment builds on the company's earlier announcement in December, in which it laid out plans to expand its Colossus supercompute...
- Tanti group floats JV to buy Chinese energy co HonitonThe Tanti group company will hold 26% in the JV, while the rest will be held by Bahrain's Arcapita Bank.
- Tanti Group to invest with Arcapita BankTanti Group of Companies said that it has entered into an agreement with Bahrain's Arcapita Bank to invest USD 2 bn for creating a portfoli...
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