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date
06/06/2026
SpaceX stated that if the computing resources are not delivered by September 30, 2026, Google can terminate the GPU-related agreement after a one-month grace period.
Latest
1 m ago
Company documents show that Google (GOOG.O) has agreed to pay SpaceX $920 million per month for computing power as part of a cloud service agreement. The agreement will continue until mid-2029. In the documents submitted by SpaceX on Friday, it is stated that Google will pay SpaceX a monthly fee for computing power provided from October to June 2029, including approximately 110,000 NVIDIA GPUs, CPUs, memory, and other related components. The computing power will gradually increase until September, with costs decreasing accordingly. The documents also state that if SpaceX fails to deliver the agreed number of GPUs by September 30, 2026, Google has the right to terminate the contract and enjoy a one-month grace period. Furthermore, according to the agreement disclosed on Friday, either party has the right to terminate the agreement with 90 days' notice.
4 m ago
ITG Communications LLC, a company specializing in digital infrastructure construction, plans to do an IPO, with Oaktree Capital among its supporters.
6 m ago
Spartan Delta and Southern Cross Gold have been included in the S&P/TSX Composite Index.
7 m ago
Altius, Extendicare, and Hammond Power have been included in the S&P/TSX Composite Index.
10 m ago
On Friday, the stocks industry ETFs in the U.S. experienced mixed performances. The Semiconductor ETF closed down sharply by 9.22%, the Global Technology Stock Index ETF dropped by 7.32%, the Technology Industry ETF fell by 6.66%, the Internet Stock Index ETF fell by 3.24%, the Utilities ETF rose by 0.93%, and the Consumer Goods ETF rose by 1.71%.
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