Oracle's $638 Billion Backlog Arrives With $70 Billion of Capex
MSM splits a record-backlog beat from a cash-concern selloff; X calls it AI funded by junk bonds, with most of the new spending and debt aimed at one customer, OpenAI.
David Chen
Bureau: Beijing
Google's SpaceX Compute Deal Sets a September 30 GPU-Delivery Deadline
MSM calls Google's $30B compute rental a landmark; the prospectus buries a September 30 trigger that lets Google walk if SpaceX cannot install 110,000 GPUs.
SpaceX's Cursor Buy Lands in a Coding-Agent Market Now Priced by the Token
Trade press calls it another coding-tool horse race; developers on X see four agents now owned by compute giants and a bill that moved from flat subscriptions onto metered tokens.