The Brutalist Report - tech
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- SpaceX S-1: xAI plans to buy another $2.8B worth of turbines for its data centers, including a $2B deal for mobile gas turbines, the type it's being sued over (Tim De Chant/TechCrunch) [3d]
- SpaceX S-1: xAI had a $6.4B operating loss on $3.2B in revenue in 2025; Grok and X had 550M MAUs combined as of March 2026, and 117M used Grok's AI features (Rebecca Bellan/TechCrunch) [3d]
- SpaceX S-1: Anthropic is paying SpaceX $1.25B/mo. until May 2029 under their compute deal; Anthropic says it's expanding the deal to include Colossus 2 capacity (Ina Fried/Axios) [3d]
- Filing: SpaceX reports 2025 revenue of $18.7B, up 33% YoY, a $4.9B loss, vs. a $791M profit in 2024, and $20.7B in capital expenditures, up from $11.2B (New York Times) [3d]
- Nvidia reports Q1 net income up 211% YoY to $58.3B, beating analyst estimates of $42.9B, and raises Q2 revenue forecast to $91B (Robbie Whelan/Wall Street Journal) [3d]
- In disclosures to investors, Anthropic says it expects to generate $10.9B in revenue in Q2, vs. $4.8B in Q1, and turn a $559M operating profit, its first ever (Berber Jin/Wall Street Journal) [3d]
- No new articles in the Past 3 Hours.
- No new articles in the Past 3 Hours.
- No new articles in the Past 3 Hours.
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