Google announced a deal to pay SpaceX $920 million per month from October 2026 through June 2029 for access to approximately 110,000 NVIDIA GPUs, CPUs, memory, and other related components.
The agreement includes a cancellation clause allowing both parties to terminate with 90 days' notice after December 31, 2026. Google's access will ramp up through September at a reduced fee, and the company may terminate immediately if SpaceX fails to deliver the committed GPU amount by September 30, 2026 (after a one-month grace period).
Google described the deal as a short-term measure to meet surging customer demand for its agent platform Gemini Enterprise, while Alphabet has committed to more than $180 billion in capital expenditures this year and expects that to significantly increase in 2027.
Summaries like this, in your inbox every morning.
Pick your industry and the AI tools you use, and get news related to your work every day.
Free · 30 seconds with Google · unsubscribe anytimeWhat is AIToday? →
Ask AI anything about this article. The AI reads this article, earlier AIToday articles, and Wikipedia, and cites its sources. Q&As are published on this page for other readers too.
