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Deirdre Bosa: SpaceX secures $6.3 billion AI chip deal with Reflection at Colossus data center

Deirdre Bosa: SpaceX secures $6.3 billion AI chip deal with Reflection at Colossus data center
SpaceX, Reflection agree on AI chip deal

Deirdre Bosa reports that SpaceX has signed a significant compute deal with Reflection, an open source AI startup. The arrangement will see Reflection pay $150 million per month starting July 1 to access Nvidia's top artificial intelligence chips at SpaceX's Colossus data center. If the agreement continues through 2029, the total value would reach approximately $6.3 billion.

Bosa previously reported that Alphabet issued over $40 billion in equity last year to fund AI compute. She also noted that phase 3 of the token bill brought a regulatory crackdown for the industry. These developments highlight rising costs and regulatory hurdles across the technology sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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