SpaceX absorbed xAI, IPO'd at $1.77T, and is building a $16.8B fab with Intel. It also rents its biggest datacenter to Anthropic for $1.25B a month. What full-stack ownership delivers, and what it costs.
Nvidia signed MOUs with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilize over $500 billion for AI infrastructure. The headline number is a target, not a commitment — and the market's split reaction tells you who is actually taking the risk.
Meta is in talks to lease AI data center capacity to Anthropic for up to $10 billion. Why compute leasing is becoming the key business model in AI.
In 48 hours Anthropic took SpaceX's Colossus 1 supercomputer and reportedly committed $200B to Google Cloud. An infrastructure land grab, not a raise.