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Faced with less compute and fewer tokens, Chinese AI labs are tightening the gap with the US by just being more efficient | Fortune 0
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- September 13, 2026
The race between the world’s two biggest economies to dominate AI recently escalated with new accusations and raised the question of how China came to rival the U.S.’s AI capabilities. Six Chinese AI companies, U.S. officials alleged earlier this week, found a shortcut to closing the gap with American AI labs by buying bulk subscriptions
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SpaceX has struck a $1 billion a month compute deal with a mystery customer 0
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- September 11, 2026
SpaceX is cashing in on the surging demand for AI compute. CFO Bret Johnsen told a Goldman Sachs conference on Thursday that SpaceX had clinched another major data center deal worth over $1 billion a month. “Just earlier this month, we closed another hosting deal, and that translates into about $1.11 billion a month starting
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AI compute provider Nscale is looking for $3.5B in pre-IPO financing | TechCrunch 0
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- September 6, 2026
Nscale, a British AI infrastructure company founded just two years ago, has said it may go public as early as later this month. Ahead of that expected IPO, the company is reportedly in talks to raise an additional $3.5 billion. Bloomberg reported Friday that the company is looking to sell $1.5 billion in convertible notes
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SpaceX earnings recap: Stock drops 7% after first post-IPO report reveals higher than expected AI capex 0
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- August 4, 2026
SpaceX delivered its first earnings report since going public in June, arriving at a sensitive time for the stock, which has tumbled 15% from the $135 offering price. SpaceX shares dropped 7% after hours following the earnings, which revealed better than expected revenue but AI capex higher than Wall Street estimates. While overall capex came
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