TECH NEWS

SpaceX lands $6.3bn compute deal with Reflection AI

Reflection AI will pay SpaceX $150mn a month for Nvidia chips at Colossus 2, a deal worth roughly $6.3bn by 2029. The SpaceX Reflection AI deal puts Nvidia on both sides of the trade.

SpaceX has signed another giant compute tenant. This time it is Reflection AI, an open-source startup barely two years old.

Reflection will pay $150mn a month to rent Nvidia chips at Colossus 2, SpaceX’s data centre in Memphis. The payments run from 1 July 2026 through 2029, and add up to about $6.3bn, according to CNBC.

The Information first reported the deal. Either side can walk away with 90 days’ notice after the first three months, and the compute runs on Nvidia’s latest GB300 systems.

Nvidia is on both sides

The 💜 of EU tech

The latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI...

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The best Sam's Club deals to compete with Prime Day 2026 (including half off membership)

Show more (5 items) If you're looking to shop for deals outside of Amazon, Sam's Club is a great place to start. Although Prime Day is an exclusive Amazon event, competitors like Sam's Club and Costco are taking the opportunity to offer some of

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The best Prime Day robot vacuum deals I'd buy (after testing dozens of them)

Show more (11 items) With summer's arrival, deals are heating up as much as the temperature outside. This year, Amazon Prime Day is taking place earlier than usual, running from June 23 to June 26, rather than in July. Since the event is now live, many brands are

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Meta AI Glasses vs. Meta Ray-Ban: I compared the latest models to decide if it's time to switch

Follow ZDNET: Add us as a preferred source on Google. Meta has unveiled its latest iteration of smart glasses, notably dropping the premium "Ray-Ban" branding that previously drove millions of units in sales. While the omission of the iconic logo might initially suggest a fracturing partnership between Meta

Amazon's Best Fire TV Stick Is Almost Half Off

You most likely stream all of your content. And, if you have a newer TV, it probably has a built-in streaming interface. You may be just fine with that, but if you're still rocking an older and dumber TV, or want to better tailor your experience, a stand-alone

Nvidia is on both sides

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The best Sam's Club deals to compete with Prime Day 2026 (including half off membership)

The best Prime Day robot vacuum deals I'd buy (after testing dozens of them)

Meta AI Glasses vs. Meta Ray-Ban: I compared the latest models to decide if it's time to switch

Amazon's Best Fire TV Stick Is Almost Half Off