{"id":717536,"date":"2026-06-05T20:33:09","date_gmt":"2026-06-05T20:33:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/717536\/"},"modified":"2026-06-05T20:33:09","modified_gmt":"2026-06-05T20:33:09","slug":"spacex-lands-google-ai-compute-deal-after-anthropic-pact-ahead-of-ipo","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/717536\/","title":{"rendered":"SpaceX lands Google AI compute deal after Anthropic pact ahead of IPO"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">June 5 (Reuters) &#8211; SpaceX said on Friday it has entered into a multi-year cloud services agreement with Alphabet&#8217;s Google, locking in \u200ccomputing capacity as it prepares for its highly anticipated U.S. \u200cstock market debut next week.<\/p>\n<p class=\"yf-1fy9kyt\">As part of the deal, Google will pay SpaceX $920 million \u200bmonthly from October this year to June 2029, with capacity ramping up through September at a reduced fee, Elon Musk&#8217;s space venture said in a regulatory filing.<\/p>\n<p class=\"yf-1fy9kyt\">The compute capacity provided includes about 110,000 Nvidia GPUs, CPUs, memory \u200cand other related components.<\/p>\n<p class=\"yf-1fy9kyt\">The pact \u2060brings another high-profile customer to SpaceX, after Anthropic, strengthening its AI narrative as it targets a $75 billion raise \u2060in its upcoming initial public offering.<\/p>\n<p class=\"yf-1fy9kyt\">Anthropic said in May it had reached a deal to use the full computing power of SpaceX&#8217;s Colossus 1 facility \u200bin Memphis, \u200bTennessee, which houses more than 220,000 \u200b<a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-ylk=\"slk:Nvidia;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Nvidia&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a> processors and will give \u200cthe Claude chatbot maker 300 megawatts of new capacity within a month.<\/p>\n<p class=\"yf-1fy9kyt\">On an annual basis, SpaceX&#8217;s compute access deals with Anthropic and Google are worth roughly $26 billion combined.<\/p>\n<p class=\"yf-1fy9kyt\">SpaceX&#8217;s disclosed compute-capacity agreements with Anthropic and Google are worth more than $70 billion in aggregate, assuming neither contract is terminated before \u200cits scheduled end date.<\/p>\n<p class=\"yf-1fy9kyt\">If SpaceX does not \u200bprovide access to the agreed number of \u200bGPUs by September 30, then, \u200bafter a one-month grace period, &#8220;Google may immediately terminate the \u200cagreement or accept the number of \u200bGPUs provided, with \u200ba corresponding pro-rata reduction in the monthly fees,&#8221; the company said.<\/p>\n<p class=\"yf-1fy9kyt\">After December 31, either party may terminate the agreement by providing 90 \u200bdays&#8217; notice. Google \u200cwill retain ownership of, and all intellectual property rights in, its \u200bcontent, AI models and associated data.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by Juby Babu in \u200bMexico City; Editing by Shilpi Majumdar)<\/p>\n","protected":false},"excerpt":{"rendered":"June 5 (Reuters) &#8211; SpaceX said on Friday it has entered into a multi-year cloud services agreement with&hellip;\n","protected":false},"author":2,"featured_media":717537,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[1930,49,48,192,120669,66,306,6888,259746],"class_list":["post-717536","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-anthropic","tag-ca","tag-canada","tag-google","tag-part-of-the-deal","tag-science","tag-space","tag-spacex","tag-stock-market-debut"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/717536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=717536"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/717536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/717537"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=717536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=717536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=717536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}