Anthropic Cuts SpaceX Deal, Cerebras Eyes $27B IPO

Anthropic signed a major deal with Elon Musk's SpaceX to use the full computing capacity of its Colossus data center, despite Musk's past public mockery of the company. The arrangement benefits both sides: Anthropic gains critical infrastructure for its rapid growth, while Musk generates revenue from a data center his own xAI model Grok underutilizes. Elsewhere in enterprise AI, IBM made its case at Think 2026 for moving AI beyond prototypes, ServiceNow pitched itself as an AI control tower, and Cerebras announced IPO plans targeting a $27 billion valuation. Earnings were mixed, with Datadog and Palantir winning while Cloudflare, CoreWeave, and Arm disappointed.