Dossier
AI Compute Infrastructure
Coverage of AI Compute Infrastructure in the Nexus archive.
- Elon Musk delivers ‘totally nuts’ plans for moon robots and insists $1 trillion revenue target will hit but capex tanks SpaceX on debut earnings
SpaceX reported better-than-expected revenue growth and narrowed losses in its first public earnings report, but shares fell over 5% due to higher-than-anticipated capital expenditures on AI infrastructure. Elon Musk reiterated an accelerated $1 trillion annual revenue target for 2030 and promoted Starlink's potential to dominate global internet, though investors remained skeptical amid rising costs and insider stock sales.
- Allbirds, Inc. Announces Expansion into AI Compute Infrastructure
Allbirds, Inc. announces expansion into AI compute infrastructure through a $50M convertible financing facility. The move marks the company's strategic shift into technology-driven infrastructure solutions.