SpaceX seeks $40B for Nvidia GPUs, more than its $38.4B total debt
Apollo and several banks are in talks to finance a $40B Nvidia GPU purchase for SpaceX. Its own 10-Q shows $38.4B of total debt and $13.4B of AI hardware already financed.
Read MoreIndependent AI news, with every claim linked to its primary source
Independent AI news, with every claim linked to its primary source
Raises, valuations, earnings and the economics of the AI industry.
Apollo and several banks are in talks to finance a $40B Nvidia GPU purchase for SpaceX. Its own 10-Q shows $38.4B of total debt and $13.4B of AI hardware already financed.
Read MoreLyft’s record $272.5 million California driver settlement isn’t the fresh $272.5 million hit the headline number implies. The company’s own
Read MoreFieldAI has signed a term sheet for $700M at a reported $10B valuation. Its own August 2025 release names $405M across two rounds and states no valuation at all.
Read MoreAmazon pledged more than $1 billion over five years to data center communities. Its own post limits the Tier 4 generator promise to new sites and the NDA climbdown to government agencies.
Read MoreOura postponed its initial public offering indefinitely on September 29, citing “uncertainty in the IPO market,” as TechCrunch reported. The
Read MoreOpenAI is in talks to raise at least $30 billion at a valuation of roughly $1.4 trillion. The revenue base
Read MoreNvidia’s board authorized another $150 billion of share buybacks on Monday, and the company’s own quarterly filing shows what that
Read MoreThe FAA launched its 875 million dollar SMART tool in Washington airspace and claimed its highest controller staffing in a decade. The GAO counted 13,164 controllers at the end of fiscal 2025, about 6 percent below 2015.
Read MoreGates warned AI could drive events causing a billion deaths, then said required safeguards would be overhead rather than a dramatic slowing. That is not Amodei-style pacing.
Read MoreSnorkel AI raised a $350M Series E at a $3.5B valuation. Its own announcement post carries quality-control figures and an investor list the trade coverage left short.
Read MoreEma’s $77M Series B takes total funding to $140M and more than quadruples its valuation. The press release credits 60% ticket avoidance and a 50% leaner operations team, two numbers the coverage merged into one.
Read MoreOracle sent a force majeure notice on Project Jupiter. Its own 10-Q, filed 13 days earlier, discloses $288 billion of data center leases that have not commenced.
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