SpaceX inks compute deal with Reflection AI, an open-source AI lab; Instagram looks to take on streaming services
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What is the new compute deal between SpaceX and Reflection AI?
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Well, first came Anthropic, then Google. Now, open source AI startup Reflection is tapping SpaceX for its abundant source of AI chips.
How does Reflection AI’s open‑weight strategy differ from closed‑source labs?
Reflection AI will pay $150 million a month beginning July 1st of this year through 2029 for immediate access to NVIDIA's latest GB300 AI chips. And supporting hardware across SpaceX's Colossus II data center near Memphis, Tennessee. The deal is worth up to $6.3 billion, and either company has the option to end the contract with 90 days' notice after the first three months. The deal is smaller than SpaceX's deals with Anthropic and Google. Those contracts also run through July 2029, although Elon Musk has publicly downplayed the three-year term, emphasizing that the contracts can be canceled. Cancelled at any time. Reflection used the Compute deal, its first, to tout the value of its openweight AI strategy, which it has pitched as an open source alternative to closed frontier labs like Anthropic and OpenAI.
Open weight AI models, which publicly release their trained parameters, have received more attention following the US government's ban on anthropics closed models, Fable and Mythos. The startup, which was founded back in 2024 by two former Google Deep Mind researchers,
Why is SpaceX renting out AI chips after its internal projects stalled?
said the compute deal is one of the largest announced open AI infrastructure commitments to date. In an emailed statement, a spokesperson for the company said that recent events highlight how important open source is to the AI ecosystem, with more nations and enterprises recognizing the risks and costs associated with exclusively depending on closed models. Our deal with SpaceX AI Signals reflections strategic importance within the Frontier AI ecosystem, and more compute means more runway to build the world's best open models at scale. The Colossus Data Center was originally built by XAI, a company founded by Elon Musk, that is now part of SpaceX for its own AI efforts. As its internal pursuits have faltered, SpaceX leveraged its valuable AI chip holdings and began renting them out to some of the world's top AI labs.
Instagram is exploring new formats in an apparent effort to bring its platform to more TV users. The social network, which launched a TV app last year, says it is going to experiment with longer form content, episodic series, and live TV. Instagram said it is exploring ways to bring longer form videos to
How is Instagram positioning itself to compete with Netflix and Amazon Prime?
Content spanning multiple episodes and live creator experiences to its TV app This follows news earlier this month that Meta is testing a new series feature for reels that's designed to make it easier to keep up with serialized content on Instagram and Facebook. While Instagram has long been competing with TikTok and Ютуб. The social network is now coming for streaming services like Netflix and Amazon Prime. As it sets its ambitions on capturing eyes in the living room in addition to everywhere else. Instagram also said its TV app is being rolled out to Samsung TVs. The app is already available on Amazon Fire and Google TVs. Additionally, the TV app is getting several features, including channels, the ability to cast from your phone, and
and support for horizontal videos and stories.
What new TV‑app features is Instagram adding for living‑room viewing?
When users open up the app, they will see channels tailored to the creators and topics they are interested in. The company claims that channels make it easier to find videos people can enjoy together, whether that's comedy, sports, or specific creators.
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Chapters
5 chapters
1
What is the new compute deal between SpaceX and Reflection AI?
0:02–0:54
2
How does Reflection AI’s open‑weight strategy differ from closed‑source labs?
0:54–2:11
3
Why is SpaceX renting out AI chips after its internal projects stalled?
2:11–3:30
4
How is Instagram positioning itself to compete with Netflix and Amazon Prime?
3:30–4:23
5
What new TV‑app features is Instagram adding for living‑room viewing?
4:23–5:13
Speakers
2 identifiedMore from TechCrunch Industry News
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