SpaceX Secures Massive $6.3 Billion AI Compute Deal with Open-Source Pioneer Reflection AI
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SpaceX Secures Massive $6.3 Billion AI Compute Deal with Open-Source Pioneer Reflection AI

SpaceX has expanded its footprint in the artificial intelligence infrastructure market by securing a multi-billion-dollar compute agreement with Reflection AI, an open-source AI startup. Under the terms of the deal, Reflection AI will pay $150 million monthly starting July 1, 2026, through 2029. The contract, valued at up to $6.3 billion, grants the startup immediate […]
Groq Secures $650 Million Funding to Fuel Pivot Following Nvidia Licensing Deal
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Groq Secures $650 Million Funding to Fuel Pivot Following Nvidia Licensing Deal

AI chipmaker Groq has successfully closed a $650 million funding round, marking a significant recovery phase for the company following a complex restructuring. The investment, led by Disruptive and Infinitum, arrives just months after a major deal with Nvidia, which involved a non-exclusive licensing agreement for Groq’s proprietary technology and the transition of several key […]
Microsoft Partners with Chevron on Massive Texas Gas Plant to Power AI Expansion
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Microsoft Partners with Chevron on Massive Texas Gas Plant to Power AI Expansion

Tech giant Microsoft and energy behemoth Chevron have joined forces on a massive energy initiative in West Texas, planning a 2.67-gigawatt natural gas power plant designed specifically to fuel Microsoft’s rapidly expanding artificial intelligence and cloud computing infrastructure. Under a newly established 20-year power purchase agreement, the facility—dubbed Project Kilby—will directly supply electricity to an […]
Uber Board Faces Shareholder Lawsuit Over Safety Failures and Compliance Lapses
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Uber Board Faces Shareholder Lawsuit Over Safety Failures and Compliance Lapses

A significant lawsuit has been filed against Uber’s board of directors and management, spearheaded by a Detroit-based pension fund. The legal action, lodged in the U.S. District Court for the Northern District of California, alleges that the company’s leadership prioritized profits over essential safety and compliance protocols. This alleged negligence, according to the complaint, has […]