Companies
Musk says SpaceX has closed $40bn of debt for GPUs
On his personal X account, the SpaceX chief executive called it primarily callable debt for GPUs arriving in Q1 and Q2, and said few of the 200-plus neoclouds will make it through.
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AI compute
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Tech · Analysis
Anthropic's WSJ-reported $80.7bn loss is mostly an accounting charge, reports say
Most of the loss in a draft prospectus seen by the WSJ and Reuters is reported as a non-cash charge. Neocloud filings show why strong AI demand does not settle the debt question.
Companies · Analysis
From quant fund to AI lab: how Liang Wenfeng's High-Flyer gave rise to DeepSeek
Liang's trading firm built its own deep-learning clusters years before DeepSeek existed. Now Jane Street, Hudson River Trading and XTX Markets are buying and building AI compute too.