MoneyThe story, in brief

Anthropic cozies up to Elon Musk, IBM makes its case to win in AI, and Cerebras has big IPO plans

Anthropic just signed a massive compute deal with SpaceX's Colossus—the same Elon Musk who called them 'Misanthropic' weeks ago.

Paper-cut illustration of amber paths carrying capital toward a small coral research venture between larger buildings.
Capital and the next generation of AI ventures.AI illustration by KeyNews
The KeyNews take

Why it matters

Major AI labs are now competing aggressively for compute access through strategic partnerships with infrastructure providers. This signals both the intensity of the compute crunch and a shift in how leading AI companies secure their scaling resources.

The key facts

5 to know
  1. Anthropic signed deal with SpaceX to access Colossus data center's full AI chip computing capacity

  2. Deal involves Elon Musk despite previous public friction (Musk had criticized Anthropic)

  3. IBM positioning itself competitively in enterprise AI market

  4. Cerebras planning IPO

  5. Published May 8, 2026

Go to the source

SiliconAnglesiliconangle.com

Publisher excerpt: Money, and desperation, sure can pave over a lot of ill will. This week’s example: Anthropic signed a mammoth deal with Elon Musk’s SpaceX to use all of the computing capacity of SpaceX’s Colossus data center full of AI chips. Yes, that Elon Musk, the one who until this week liked to call Anthropic…
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