SpaceX

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How some data center operators are tackling their water use problems

On Monday, SpaceX amended its initial public offering to state that water conditions—including water scarcity, regulations around water, and drought—could constrain data center development. It isn’t the only tech company trying to assess how water scarcity might impact its business. Water use is emerging as one of the most contentious data center issues. A recent […]

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SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

IPO could raise up to $75bn, giving SpaceX market value of $1.77tn as it sets up Musk for extraordinary wealthSpace X is seeking to raise about $75bn (£55bn) through its imminent stock market listing, , the company has said, which would make it the largest initial public offering ever.If the stock market launch – primed

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As the tech mega-IPO race hots up, has OpenAI missed its moment?

With rivals racing to market to raise ‘eye-popping sums’, the spotlight is now on the AI sector’s one-time ‘poster child’A year is a long time in AI. Just 12 months ago, Sam Altman was predicting his company OpenAI would build a super intelligence and fundamentally remake society. Now the boss of the ChatGPT developer is

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Anthropic confidentially files for initial public offering on US stock market

Financial stakes of AI race rise as Elon Musk’s SpaceX, OpenAI and Anthropic are slated to go public this yearAnthropic has filed confidentially for an initial public offering on the US stock market, the company announced Monday. The AI firm makes the Claude chatbot, popular with software engineers and other business clients, and has seen

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Nasa selects Jeff Bezos’s Blue Origin for first of three uncrewed lunar missions

Three lunar landings are planned for this year in preparation for the construction of a $20bn moon baseSign up for the Breaking News US newsletter emailNasa announced on Tuesday ambitious plans for three uncrewed lunar missions this year to kickstart construction of a $20bn moon base, and said it had chosen the Amazon founder Jeff

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Mars colony and Grok warnings: five strange details in SpaceX’s pitch to investors

IPO filing from Elon Musk’s company reveals closer look at finances, cosmic ambitions and tech empire’s quirksSpaceX publicly released an investor prospectus on Wednesday as part of its plan for a $1.75tn debut on the US stock market next month, revealing unseen details about the finances and future plans of Elon Musk’s flagship company. In

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As Grok flounders, SpaceX bets future on beating Big Tech at AI

Elon Musk’s SpaceX has highlighted AI as the tentpole of the company’s future, projecting a multi-trillion-dollar market opportunity that rivals the total value of all US economic activity. But the company must first win over customers who generally favor AI models from competitors such as OpenAI and Anthropic. SpaceX described its traditional space launch and

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Anthropic raises Claude Code usage limits, credits new deal with SpaceX

SAN FRANCISCO—At its Code with Claude developer conference on Wednesday, Anthropic announced a deal with SpaceX to utilize the entire compute capacity of the latter’s data center in Memphis, Tennessee. On stage at the conference, CEO Dario Amodei said the deal was intended to increase usage limits for Anthropic’s Pro and Max plan subscribers. The

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Musk and Altman face off in trial that will determine OpenAI’s future

A hotly anticipated trial starts this week, where Elon Musk will attempt to prove that OpenAI, under Sam Altman, has abandoned its mission to remain a nonprofit in order to ensure that artificial intelligence serves humanity, and not just billionaires. Many view the lawsuit as a grudge match between Musk—who left OpenAI after serving as

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SpaceX secures option to buy AI startup Cursor for $60bn or partner for $10bn

Cursor is aSilicon Valley startup using AI to automate coding as Elon Musk’s firm seeks foothold in the AI marketSpaceX said it has secured an option to either acquire code-generation startup Cursor for $60bn later this year, or pay $10bn for their new partnership, as it pushes deeper into the lucrative market for AI developer

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