Orbital raises $5 million to build space data centers
Orbital has raised $5 million in seed funding to develop space-based data centers, hoping to launch its first data-processing spacecraft in 2028 once Starship is flying regularly.
Monday, October 12, 2026
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Orbital has raised $5 million in seed funding to develop space-based data centers, hoping to launch its first data-processing spacecraft in 2028 once Starship is flying regularly.
Google will pay SpaceX $920 million monthly for compute access to support its Gemini Enterprise platform, mirroring a similar arrangement with Anthropic.
Blackstone-backed AirTrunk plans to invest $30 billion by 2030 to develop 5 gigawatts of data center capacity in India, aiming to capture growing regional cloud demand.
Meta is constructing six large-scale data center tents in Ohio to accelerate infrastructure deployment and manage up to $145 billion in capital expenditures.
Stockholm-based Lovable has signed a multiyear deal with Google Cloud to increase its usage fivefold, while expanding access to Anthropic’s AI models and Wiz’s security tools.
Xcimer Energy has activated Phoenix, the world’s largest privately owned laser, as it hopes to complete a fusion prototype by 2028.
Alphabet plans to raise $80 billion for AI infrastructure, including a $10 billion stock sale to Berkshire Hathaway, to meet demand that exceeds its available supply.
Environmental activist Erin Brockovich has launched a map of US data centers, citing nearly 4,000 community submissions that highlight a widespread lack of project transparency.
SoftBank plans to invest up to €75 billion to build data centers in France, aiming to develop up to 5 gigawatts of additional capacity by 2031.
AWS launched a new OpenSearch Serverless service to handle unpredictable AI agent traffic, which is projected to exceed human internet traffic sometime in the first half of 2027.
The Shanghai Futures Exchange is designing a derivatives market for AI tokens, joining global exchanges like CME and ICE in treating compute as a tradable commodity.
Elon Musk claims the Anthropic-SpaceX compute deal is a 180-day lease, contradicting SpaceX’s S-1 filing which describes a three-year agreement through May 2029.
General Compute raised a $15 million seed round at a $60 million valuation to build an inference-focused neocloud using specialized SambaNova chips.
Snowflake has signed a five-year, $6 billion agreement with AWS to secure increased access to Graviton CPU chips as AI-driven demand for compute power accelerates.
Google Cloud executives emphasize AI security, even as developers report massive unauthorized bills and security researchers highlight significant delays in API key revocation.
Nuclear startup Deep Fission is seeking $157 million in a Nasdaq IPO, despite a "going concern" warning and a worsening financial deficit.
SpaceX’s IPO filing suggests Elon Musk may be pivoting away from terrestrial solar, with xAI increasingly relying on natural gas to power its massive data center expansion.
xAI plans to spend $2.8 billion on new turbines for its data centers, even as it faces lawsuits and regulatory scrutiny over its current use of polluting generators.
Anthropic will pay xAI $1.25 billion monthly for compute capacity through May 2029, a deal that could generate over $40 billion in total revenue for the AI company.
Microsoft is purchasing 650,000 metric tons of carbon-removal credits from BioCirc, confirming its sustainability program remains active despite reports of a potential pause.