SpaceX reached a binding commitment for an approximately $40 billion GPU and equipment finance lease with an Apollo-managed entity. The plan covers Nvidia Vera Rubin hardware for terrestrial compute. Closing remains conditional and is expected before year-end; lease schedules are expected to begin as equipment arrives in the first half of 2027. The announcement is a commitment, not installed capacity.
TechCrunch reports that Cognition CEO Scott Wu has denied a report claiming SpaceX tried to acquire the AI coding startup. The article describes the denial as a discrete public response to acquisition speculation involving Cognition and SpaceX.
SpaceX has officially completed its acquisition of Cursor, according to TechCrunch. The closing turns Cursor from an independent AI coding startup into part of SpaceX and marks a concrete corporate consolidation move involving AI developer tooling.
xAI has launched an early beta of Grok Bot, a new agent product designed to operate persistently across workplace software rather than only responding to prompts. The company says users can create task-specific Bots that run in their own computer environments, keep working when a user is offline, and return with results or approval requests. VentureBeat reports the product is priced at $120 per month and grew out of internal use across functions including sales, marketing, operations, and software work.
A SpaceX IPO filing disclosed that Anthropic is paying about $1.25 billion per month, or roughly $15 billion per year, to access SpaceX data center and GPU capacity, according to Wired. The filing provides primary-source documentation for a compute supply arrangement that makes SpaceX a major infrastructure supplier to a leading AI model developer.
