SpaceX Secures $40B Debt for Nvidia GPUs

SpaceX has closed a $40 billion debt deal to buy Nvidia GPUs for its AI data centers. The transaction was reported by Mint Business and earlier mentioned by Reuters in talks with banks. Elon Musk noted that the company’s investment‑grade status, Starlink, and launch revenue will support the borrowing.

Nvidia invests $14M in Simplismart to improve AI model efficiency

Nvidia has provided a $14 million investment to Simplismart to help the startup make AI models run more efficiently. Simplismart reports its annualized revenue run rate increased fourteenfold over six months, with the United States contributing over half of its revenue. The funding round was covered by Crypto Briefing and TechCrunch.