SpaceX IPO filing indicates Anthropic set to pay Musk's firm $1.25bn a month to rent xAI data center space
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Anthropic will pay Elon Musk’s SpaceX $1.25 billion a month over the next three years to rent space at the company’s xAI data centers, an IPO filing has revealed.
Key facts
The IPO filing reveals that AI lab Anthropic, which makes the Claude chatbot, a direct competitor of Grok, will pay $1.25 billion a month for the privilege, with the contract running until May 2029
This includes a $2bn contract with an unnamed vendor agreed on April 30, which is expected to close later this month
The latest case was launched by civil rights organization the NAACP in April, accusing xAI, and its subsidiary MZX Tech, of illegally running 27 methane gas turbines that power Colossus 2
Anthropic will pay Elon Musk’s SpaceX $1.25 billion a month over the next three years to rent space at the company’s xAI data centers, an IPO filing has revealed
Summary
The IPO document, lodged with the US Securities and Exchange Commission ahead of rocket company SpaceX’s much-anticipated public listing later this year, lifts the lid on Musk’s company and its plans to deploy compute infrastructure in space. Musk combined SpaceX with xAI, his AI start-up that has developed the Grok chatbot and built a cluster of data centers in Memphis, Tennessee, earlier this year. xAI, in turn, owns social media platform X, and together the companies could be valued at more than $1 trillion when they debut on the stock market. SpaceX announced earlier this month that it would be renting 300MW of data center space at its xAI data centers to Anthropic.