Musk’s xAI is being sued over its data center generators. Now, it’s buying $2.8B more.

Published on May 20, 2026
Elon Muks's xAI said it will buy $2.8 billion of natural gas turbines over the next three years, according to SpaceX's IPO filing.
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Anthropic will pay xAI $1.25 billion per month for compute

May 20, 2026
Elon Musk's xAI surprised the AI world when it made a deal to sell compute to Anthropic. Now we know how much it's worth.

Nvidia posts another record quarter, reveals $43 billion of holdings in startups

May 20, 2026
Nvidia announced another record revenue figure after market close on Wednesday, but forecasted that revenue growth would slow in the following quarter.