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Reflection AI

Reflection AI

AI startup

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SpaceX turns its Colossus data centers into an AI compute-rental business

Money Moves

Largest open-source AI compute commitment to date

SpaceX is best known for rockets. As of this year, one of its largest businesses is renting out computing power. On June 22, it signed a deal with Reflection AI, a startup that has not yet released a product, to supply Nvidia chips for $150 million a month through 2029. Run its full term, the contract is worth about $6.3 billion.

Updated 2 hours ago