TNB Tech Minute: Anthropic and SpaceX Ink Computing Power Deal

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Julie Chang· Host0:05

[upbeat music] Here's your afternoon TNB Tech Minute for Wednesday, May 6th. I'm Julie Chang for The Wall Street Journal. Anthropic has partnered with SpaceX to secure much-needed computing power. Anthropic will use all of the computing capacity at SpaceX's Colossus-1 data center and receive three hundred megawatts of new capacity by the end of the month. Anthropic also showed interest in a partnership with SpaceX to build AI data centers in space, which has long been one of SpaceX CEO Elon Musk's top priorities. Financial terms of the agreement weren't disclosed. Disney's new CEO laid out his long-term vision for the company today, which centers on using technology to reach consumers and increase profits. In a letter to shareholders, Josh D'Amaro emphasized his plans to make Disney+ a digital hub for all the company's businesses and invest in new technology, particularly around video games. Disney faces a costly transition from linear TV to streaming, economic and political instability, and heightened competition from tech companies such as YouTube. For the second fiscal quarter, Disney reported revenue of over twenty-five billion dollars, up seven percent from a year earlier. Earnings per share rose eight percent above analysts' expectations, thanks in large part to growing streaming margins. Profits from Disney+