Policy
Top AI Companies Agree to Pentagon Deals for Classified Work
The Defense Department finalized agreements with major AI and cloud players to use their systems in classified settings.
Topic
xAI
Coverage of xAI, the Grok models, and the Colossus supercluster.
7 stories · Updated 2026-05-01
More on xAI
Chips
SpaceX Plans to Manufacture Its Own GPUs at New Semiconductor Fab, S-1 Filing Reveals
Excerpts from the company's confidentially filed $1.75 trillion IPO registration list in-house GPU production as a major capital expenditure, alongside the Terafab chip venture Elon Musk is developing with Tesla and xAI using Intel's 14A process node.
AI
Anthropic Signs Multibillion-Dollar Cloud Deal With CoreWeave to Power Claude
The agreement gives Anthropic a new tranche of Nvidia-powered data center capacity in the US, as demand for Claude continues to surge past a $30 billion annual run rate.
Analysis
Meta's Muse Spark gives Zuckerberg a credible seat at the frontier AI table for the first time
Wired's analysis finds the model represents a genuine qualitative leap over Llama 4, but Meta's shift away from open-source by default marks a strategic inflection point worth watching.
Startups
Q1 2026 global startup funding hits $297B — more than all of pre-2019 annual VC activity
Four mega-deals — OpenAI, Anthropic, xAI, and Waymo — accounted for 63% of a quarter that smashed every previous record by a factor of 2.5 over the prior quarter.
Big Tech
SpaceX files confidentially for IPO targeting $1.75T valuation and up to $75B raise in June
Elon Musk's aerospace company, internally codenamed 'Project Apex,' has lined up 21 underwriting banks for what would be the largest IPO in history — more than triple Saudi Aramco's 2019 record.
Analysis
At Morgan Stanley's TMT Conference, Sam Altman and Jensen Huang Warned AI Will 'Shock' Investors
Executives from leading AI labs told attendees that a non-linear capability leap is coming by mid-2026, while a Morgan Stanley survey found AI already caused a 4% average net workforce reduction globally.
