Plus, Gigascale raises a climate-focused hardware fund & VC firms start seeing better TVPI

Companies including SpaceX, Anthropic and OpenAI are seeking fresh capital as AI development costs soar, with some losing billions while public giants like Google, Meta and…

Plus, Gigascale raises a climate-focused hardware fund & VC firms start seeing better TVPI

OpenAI, Anthropic, and SpaceX are pricing in a global AI economy that doesn't exist yet — and their durable money is in São Paulo and Addis Ababa.

“This is something that we haven’t seen in such a scale and in such a short time. It’s a huge supply event.”

SpaceX signs a $30 billion AI compute deal with Google at $920M per month, adding to its Anthropic pact as the company targets a $75 billion IPO.