Stargate backer SoftBank leads investment, but there are strings attached

After X was promised a quarter of xAI

But the company is increasingly using Amazon Web Services

President Trump calls it the "most powerful company" in the world

A rocket has successfully launched carrying a data center to the Moon

Andra Capital and SGW lead Series D

3,600 cuts, allegedly for 'low performance'

A 28 percent jump as it ramps up capex spend

Tesla cuts are data center sector's gain

It doesn't need to be a real offer to have a real impact

Kenny Huynh moves to generative AI company

Claims to be targeting lowest performers

Maruthy Vedam goes from TPUs to satellite semiconductors

But figure is somewhat based on Stargate happening as promised

Markets remain spooked

Visits to potential campus sites happening next week

From trading partners to trade war

As Trump threatens to start a trade war with the EU

Not just lights out data centers, lights out site selection?

But share price begins to recover after a day

Competing against Oracle, MrBeast, and others

Already has a PPA with Microsoft

Even as the genAI company gets closer to Amazon

Along with an energy tech researcher to develop "precommercial energy technologies"