SpaceX's deal to provide AI startup Anthropic with computing power is for an initial lease of 180 days with no long-term commitments, CEO Elon Musk said on Thursday evening.
The rocket maker had earlier disclosed a deal to provide Anthropic with computing power from its Colossus data center until May 2029.
Musk said the deal is a 180-day lease with a 90-day notice for mutual cancellation thereafter. He added that the short term was requested by SpaceX due to potential internal computing needs.
SpaceX revealed in its IPO filing that Anthropic will make monthly payments of $1.25 billion until May 2029, representing potential revenue of nearly $45 billion over three years.
Anthropic also expanded the agreement to include computing power from SpaceX's upcoming Colossus 2 center. Musk signaled that SpaceX is in talks with other companies for similar deals.
SpaceX is preparing for a bumper IPO in June, aiming to raise $75 billion at a valuation between $1.75 trillion and $2 trillion.
