SpaceX signs $30B deal to lease computing capacity to Google

With SpaceX set to become the first AI-era giant to go public on Friday, governments on both sides of the Atlantic are racing to define their relationship with the industry. Washington is in talks with OpenAI about a government equity stake; Brussels has unveiled a new tech sovereignty package. On this week's Tech 24, we lay out the two very different visions of how to shape artificial intelligence's future.

Bybit launched IPO Express and introduced tokenized SpaceX exposure through xStocks with 1:1 equity backing.

The delay in SpaceX's S&P 500 inclusion highlights challenges for mega-cap IPOs, affecting investor strategies and market dynamics significantly. The post SpaceX faces lengthy wait for S&P 500 inclusion after rules change rejection appeared first on Crypto Briefing.

Expenditure is growing fast and consumer take-up accelerating. But alarm bells are sounding The race is very much on. Elon Musk’s SpaceX, which makes AI models as well as space rockets, announced last week it is seeking a $1.77tn (£1.31tn) valuation on the US stock market while Anthropic, the startup behind the Claude chatbot, said it had filed for an initial public offering. OpenAI, the developer of ChatGPT, is expected to follow. This latest peak in the AI market comes amid a multitrillion-dollar spending spree on related infrastructure such as datacentres. Meanwhile, companies are attempting to deploy the technology in a way that makes investing in it worthwhile. Here’s a look at what stage the AI boom is at and six key charts that tell us how we got here. Continue reading...

SpaceX's AI compute deals with Google and Anthropic could significantly boost its revenue, enhancing its IPO prospects and market valuation. The post SpaceX signs $920M monthly AI compute deal with Google through 2029 appeared first on Crypto Briefing.

Anthropic's diplomatic efforts may redefine tech-government relations, influencing future AI market entries and regulatory landscapes. The post Anthropic eases tensions with White House ahead of trillion-dollar IPO plans appeared first on Crypto Briefing.

Bybit Launches IPO Express, Becoming One of First Centralized Crypto Exchanges to Offer Tokenized IPO Access, Starting With SpaceX

This deal highlights the growing interdependence between tech giants and space companies, accelerating AI development and cloud capabilities. The post Google pays SpaceX $920M monthly for cloud computing services in deal worth $30 billion appeared first on Crypto Briefing.