Topic
Multi-year commitments by enterprises to rent large-scale accelerated computing capacity from specialized providers.
Cerebras rose 6.3% in premarket trading after Sam Altman called it a close partner, recovering part of a 20% weekly slide. Citi says a lasting recovery depends on evidence that gross margins have found a floor.
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Reflection AI is preparing its first open-weight model after signing compute deals worth $150 million a month with SpaceX and over $1 billion with Nebius. Open weights leave the infrastructure and upkeep with the customer, so how the model deploys is the test buyers can run themselves.
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Sam Altman called Cerebras a close partner after its stock fell nearly 20% in a week on a report that GPT-6.1 Sol's Ultrafast mode runs on Nvidia. Insider shares unlocked the same week. The drop prices fresh supply as well as doubt over OpenAI's appetite.
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Anthropic will spend $11.6 billion over seven years on Akamai cloud capacity built around CPUs, if Akamai meets delivery and availability targets. Akamai has to build that capacity first, for a customer that can end the contract under certain conditions.
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Anthropic signed an $11.6 billion, seven-year contract for CPU capacity on Akamai's cloud, the largest in Akamai's history. Akamai carries the build and expects no profit from it this year, with first revenue due in the second half of 2027.
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Neither Anthropic nor Lambda has confirmed the agreement, and the two published accounts of it disagree on who holds the Texas lease. That is the visibility available to anyone planning capacity or prices around Claude.
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Nscale's registration statement pairs $140.6 million of first-half revenue with a $1.02 billion net loss, and says the company holds no binding commitments for the financing its four Anthropic agreements oblige it to seek.
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The six-year agreement moves Anthropic's workloads into a data centre in Maysville, Georgia owned by the company behind Truth Social. It also leaves Anthropic holding cheap equity in its own compute supplier.
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Firmus is seeking up to $5bn on the Australian exchange, according to Bloomberg, on a contract book that passed 900MW when OpenAI signed for two Malaysian sites. Two of its seven AI factories draw power today.
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The floor on Figure's compute commitment is about twice all the equity it has disclosed raising, and the vendor writing that contract now owns a piece of the customer owing it. Whether the $3.5bn is take-or-pay is undisclosed.
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Ramp's 80%-from-1% figure travelled fast, but the spend table underneath it prices the trade better, because the top percentile's $7,400 per employee per month is a wage bill rather than a software line.
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The deal locks in guaranteed silicon rather than platform features. On this Texas site the arithmetic comes to roughly $20 million per megawatt-year, and the concrete shell is the cheap part of it.
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3 publishersReality
HRT went from new CoreWeave account to a multi-year, multi-billion-dollar commitment in about five months, and bought early access to NVIDIA's newest parts along the way.
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