
SpaceX Revenue Jumps 92% as AI Compute and Starlink Drive Growth
SpaceX reported Q2 2026 revenue of $7.8 billion as AI compute deals with Anthropic and Google and Starlink fueled strong year-over-year growth.
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SpaceX reported Q2 2026 revenue of $7.8 billion as AI compute deals with Anthropic and Google and Starlink fueled strong year-over-year growth.

Anthropic has reportedly signed a $10 billion cloud computing agreement with AI cloud startup Volta to expand compute capacity for its AI models.

Runware has introduced the Sonic Inference Pod, a modular AI data centre designed to deliver scalable inference closer to users with lower infrastructure costs.

EON has raised $10.75 million in seed funding to develop a satellite laser network to connect global data centres via high-speed optical communications.

Palantir CEO Alex Karp criticised leading AI labs while reporting record quarterly results, arguing enterprises should retain control of their data and AI infrastructure.

Nuclear startup Valar Atomics has raised $1 billion, led by Sequoia, as it scales production of its small modular reactors for AI and energy applications.

Samsung expects the global memory chip shortage to intensify through 2027 as AI demand continues to strain supply until at least 2028.

Amazon’s strong AWS growth and continued AI infrastructure spending boosted investor confidence, highlighting why cloud providers remain AI’s biggest winners.

British AI neocloud Nscale is acquiring Anyscale for a reported $1.65 billion as it expands into AI workload management and scaling software.

Mark Zuckerberg predicts billions of people will use personal AI agents within five years as Meta invests heavily in AI products, compute and infrastructure.

Runlayer has sued Rippling, alleging the HR software company used confidential information from a lengthy product trial to build a competing MCP gateway.

PJM Interconnection plans to temporarily cut power to large data centres during electricity shortages starting in 2027 as demand strains the largest US grid.