# SpaceX AI Pivot and Anthropic Cloud Scarcity

**Podcast:** TechCrunch Daily Crunch
**Published:** 2026-10-22

## Transcript

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SpaceX's AI business is beating expectations.
I'm Emeron Shaikh and your daily crunch for Thursday starts right now.
Waymo is now shuttling customers to and from the Harry Reid International Airport in Las Vegas with pickups and drop-offs happening at dedicated autonomous vehicle zones at Terminal 1 and Terminal 3, the company announced on Wednesday.
Now this is the sixth major airport that Waymo is serving.
You see, the company already offers rides at Phoenix Sky Harbor, Nashville International, San Antonio International, San Francisco International, and San Jose International airports.
Waymo only just started offering rides to the public in Las Vegas in September, but is already serving a 24-square-mile area in the city.
The company said the rides to and from the Las Vegas airport will be limited at first to just a few riders before opening up to all customers.
Amazon-owned Zoox already offers rides at the Vegas airport, and more robo-tactics are coming to Sin City.
In August, state regulators approved permits that will allow Tesla and Uber to put thousands of them on the city's streets in the next year.
I guess what autonomously drives in Vegas doesn't necessarily stay in Vegas.
Anthropic is having trouble securing enough cloud capacity from AWS, Google, and Microsoft, which increasingly sees the cloud maker as a competitor rather than a customer, according to an S1 filing leaked to the Wall Street Journal.
Now, the leaked filing provides more color to the number Reuters and the Financial Times reported in late September, including that Anthropic believes it could spend more than $750 billion on cloud contracts, some of which include deals still in negotiation.
And still, that is not enough.
Anthropic is leasing its own data centers and working with third-party data center operators.
But the firm worries those operators have a limited operating history, which could make them less reliable than the hyperscalers.
Anthropic's enormous spend comes on the back of an $80.7 billion net loss in the first half of the year.
The company reported $16.3 billion in revenue during that same time period, with only two customers accounting for about a fifth of sales, according to the Wall Street Journal report.
Building on previously reported catastrophic risk disclosures, the filing also warns that Anthropic could be held liable for damages caused by harmful AI behavior to a tune that would exceed available insurance coverage.
Last week, the company told prospective investors that third-quarter revenue alone has now reached $16.8 billion, up 45% from the previous quarter.
Anthropic is reportedly targeting a November IPO.
Anthropic did not immediately respond to TechCrunch's request for comment.
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SpaceX's data centers and GROC agents were more profitable than investors expected in the third quarter of the year, as the company leaves its roots as a space company behind to focus on artificial intelligence, which now makes up 52% of its income.
CEO Elon Musk's deep tech conglomerate reported $14.6 billion in third quarter revenue on Tuesday, according to its regulatory filing.
That number was driven by growth in all segments, but especially its renamed Superintelligence business line, which generated $7.5 billion in revenue from the recently acquired cursor coding tool, GrokBot, and most importantly, the company's burgeoning NeoCloud business, which now boasts 1.7 gigawatts of compute.
The AI business generated $431 million in profit, which would have been higher without $1.2 billion in one-time stock-based compensation expenses related to the Kurser acquisition.
The top-line revenue number was also boosted by about $1 billion in income related to the recovery of Bitcoin prices and unspecified related party income that might be attributed to a SpaceX investment in another company.
The growing revenue is balanced against total capital expenditures of $19.6 billion as SpaceX continues to build out a second data center project, Colossus 2, and increase investment in Starship.
The heavy-lift rocket it sees as vital to deploying a new generation of Starlink satellites and developing orbital data centers.
CFO Brett Johnson said the company would spend $35 billion to $40 billion on new capital investments in the fourth quarter.
During a live-streamed discussion of the results with investors, Musk said he was spending four days a week in Memphis, Tennessee, the site of Colossus 2, working to bring the data center online.
SpaceX also saw growth in subscribers to its Starlink space internet network, reaching 13.6 million consumers, with Musk predicting that the growth of AI agents would lead to more demand for connectivity.
And folks, that's your Daily Crunch!
Today's stories were reported by Rebecca Balan, Tim Fernholtz, Kirsten Korosik, Sean O'Kane, and more awesome TechCrunch journalists.
We'll see you here tomorrow, same Tech Time, same Crunch channel, and until then, find us at TechCrunch.com.
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