Overview
- SpaceX said it will exclusively use Nvidia’s Vera Rubin architecture and selected the NVL72 rackscale system as the primary hardware for its Starmind satellite AI program.
- Elon Musk disclosed large-scale targets that include roughly 2 gigawatts of compute by late 2026 and a planned expansion to about 10 gigawatts in 2027, and he discussed concepts for orbital data centers to ease land and power limits.
- Volta Infra, which counts Nvidia as a backer, announced a reported $10 billion multi-year partnership with Anthropic to build Nvidia-powered AI data centers across Europe.
- Markets reacted immediately with Nvidia shares rising about 4% to 4.3% after the SpaceX announcement while AMD shares fell roughly 5% and analysts highlighted valuation gaps between the companies.
- Analysts warn the deals concentrate revenue with a few capital-heavy customers and expose Nvidia to practical risks such as securing financing, meeting local power and grid needs, and obtaining regulatory approvals ahead of the company’s August quarterly results.