THE AI COMPUTING CRUNCH IS MAKING RIVALS INTO PARTNERS

Summary from the TLDR newsletter

Anthropic entered into a deal worth up to $45 billion earlier this year to lease computing power from SpaceX. The unlikely alliance illustrates the industry's increasingly desperate scramble for compute. Demand is outstripping supply, and prices are rising, causing tech companies to strike deals with rivals. Venture-capital firms are helping startups obtain computing capacity.