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The AI company reported 1,368% revenue growth in the June quarter amid an $80.7bn net loss largely linked to convertible bond charges.
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Under the arrangement, the Apollo-managed entity will acquire GPU pods and related equipment and lease them to SpaceX.
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The company cites need to control costs as it extends voluntary exit offers to staff across multiple international divisions.
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Agentic AI innovations are making hyperscaler marketplaces more relevant, both to buyers and to new infra ecosystem partners.
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Platinum-group metals link mineral production to the electronics and materials underpinning expanding AI infrastructure, adding another source of demand.
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