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SpaceX has reportedly signed another AI hashrate hosting agreement, bringing in $1.1 billion in monthly revenue. The CFO stated that the annualized recurring revenue (ARR) is expected to reach $100 billion by year-end.
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Previous: Emil Michael, Chief Technology Officer at the U.S. Department of Defense, dismissed "AI doomsday theories" as "fear of change." He also disclosed that the DoD has migrated 90% of its classified AI workloads from Anthropic, with the full transfer expected to be completed by the end of this month.
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Next: SpaceX plans to launch its first orbital computing satellites next year, with a full-scale deployment expected around 2028.
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