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SpaceX

30 stories from 10 sources across 8 topics.

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Funding9 storiesMusk AI4 storiesOther4 storiesAgents3 storiesBig Tech3 storiesHot Takes3 stories

Entities

SpaceX30 storiesAnthropic16 storiesOpenAI14 storiesClaude9 storiesCursor8 storiesElon Musk7 stories

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Bloomberg AI8 storiesTechCrunch AI5 storiesHacker News AI3 storiesLatent Space3 storiesThe Information AI3 storiesArs Technica AI2 stories

Bloomberg AI / 6:05 PM

Anthropic’s $15 Billion Credit Line Sets Stage for IPO

Anthropic’s anticipated IPO could kick off a busy fall for tech listings after SpaceX dominated the market this summer. Rainmaker Securities co-founder and Managing Director Greg Martin discusses why Anthropic’s planned $15 billion revolving credit facility strengthens its position ahead of a potential offering. He also shares how its rapid growth could support a valuation above SpaceX’s at IPO and why a successful debut could “open the floodgates” for companies including Oura, neoclouds and other long-awaited tech listings. He joins Bloomberg’s Lisa Mateo on "Bloomberg Tech." (Source: Bloomberg)

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The Decoder / 1:33 PM

OpenAI cuts off Cursor after SpaceX acquisition, citing Musk's history of breaking contracts

OpenAI is cutting off the AI coding tool Cursor after SpaceX acquired the company, citing Elon Musk's track record of breaking contracts. Cursor co-founder Michael Truell downplays the move, saying OpenAI models account for just five percent of the tool's AI traffic. The article OpenAI cuts off Cursor after SpaceX acquisition, citing Musk's history of breaking contracts appeared first on The Decoder .

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The Verge AI / 2:00 PM

OpenAI’s executive exodus has one big winner

Today on Decoder, I’m talking to Verge senior AI reporter Hayden Field about some pure Decoder bait: the seemingly-endless org chart changes at OpenAI, and how all of them seem to consolidate power under cofounder Greg Brockman, the company’s president. While Sam Altman is the CEO and still OpenAI’s most public face, Brockman has amassed […]

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The Decoder / 11:33 AM

Anthropic signs $9.1 billion data center deal with Bitcoin miner Riot Platforms

Anthropic is leasing $9.1 billion worth of data center capacity from Bitcoin miner Riot Platforms in Texas, according to Bloomberg. The deal covers 191 megawatts at Riot's Rockdale site, with extension options that could push the total value to $16.1 billion. It's the latest in an aggressive infrastructure push that spans partners from Amazon to SpaceX to Google. The article Anthropic signs $9.1 billion data center deal with Bitcoin miner Riot Platforms appeared first on The Decoder .

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The Verge AI / 4:35 PM

SpaceX is barely Space and mostly X

Once, I had some questions about why SpaceX, Elon Musk's healthiest company, acquired xAI, his sickliest one. Now I have some questions about why we're calling the whole thing SpaceX. Look, what we have here, by revenue, is primarily a telecom company and a company that rents compute, according to SpaceX's first quarterly earnings statement […]

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Bloomberg AI / 10:36 PM

ValueEdge Chair: SpaceX Needs A Succession Plan

Nell Minow, Chair of ValueEdge Advisors, says Anthropic is moving in the opposite direction from SpaceX on governance, but argues its structure is still unusual and potentially problematic. She says the company is combining elements of public companies and nonprofits, including a public benefit corporation framework that she says both cares about shareholder value and does not. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

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TechCrunch AI / 5:26 PM

Sam Altman isn’t the only one who wants to pump the brakes on AI

After years of pushing full speed ahead on AI, OpenAI CEO Sam Altman says maybe it’s time for the AI industry to “pace” itself. The comments came just days after one of OpenAI’s own models broke out of its test environment and got tangled up in a breach at Hugging Face — though as Equity’s hosts point out, sloppy security seems to have […]

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The Information AI / 1:21 PM

SpaceX Overhauls Data Center Build-Out, Potentially Slowing Expansion

Elon Musk is famous for his “move fast” management philosophy, which he demonstrated most starkly when he built new data centers for his AI startup in record time two years ago. But a new team of rocket engineers Musk recently installed to run his data centers is taking a very different approach. SpaceX is changing how it builds the giant facilities that house AI servers in a way that might slow the building of new campuses, according to people familiar with the situation. The new management team is looking to install more backup systems for power and cooling, and to more thoroughly test those systems before the data centers start operating, instead of adding them later on, as the AI company was doing, two of the people said. SpaceX also wants to reduce the use of temporary power and cooling systems in its data centers, one person said .

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Bloomberg AI / 4:32 PM

Anthropic Set to Expand Pre-IPO Credit Facility

Anthropic PBC is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, clearing a hurdle before the artificial intelligence firm’s public filing for its highly anticipated IPO. Morgan Stanley is leading the process, the people said. Goldman Sachs Group Inc. and JPMorgan Chase & Co. also have prominent roles on the facility, along with Citigroup Inc., they said. The four lenders are also leading the IPO, Bloomberg News has reported. The Claude chatbot maker is seeking to raise as much as SpaceX or more in the initial public offering, people familiar with the preparations have said. Companies typically finalize the revolver before they notify banks of their formal roles in a listing. For more, we speak with Bailey Lipschultz, Senior Equities Reporter for Bloomberg News. (Source: Bloomberg)

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Bloomberg AI / 5:52 AM

Anthropic Finalizing $15 Billion Pre-IPO Credit Facility

Anthropic PBC is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, ahead of the firm's public filing for its initial public offering. The maker of the Claude chatbot is seeking to raise as much as SpaceX or more in the IPO, people familiar with the preparations said. Morgan Stanley is leading the process, the people said. Bloomberg's Anthony Stephens reports. (Source: Bloomberg)

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Bloomberg AI / 4:39 PM

Anthropic’s Mega-IPO Plan Looms Over Packed US Listing Calendar

Anthropic PBC’s IPO is casting a long shadow over companies’ US listing plans, as they try to find room for their deals to grab attention after the Sept. 7 Labor Day holiday. The Claude developer is preparing to file publicly for an initial public offering that’s expected to raise as much as SpaceX’s record $86.2 billion debut, if not more, in the coming weeks. Some firms and their backers are finding it hard to get the attention of long-term-oriented investors and sovereign wealth funds when the prospect of an Anthropic IPO is imminent, according to people familiar with the preparations. For a closer look, we speak with Bailey Lipschultz, Senior Equities Reporter for Bloomberg News. (Source: Bloomberg)

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Latest story in this edition: 4:14 PM

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