Anthropic is paying SpaceX $1.25 billion per month through May 2029 as part of the massive compute deal the companies signed earlier this month. Why it matters: It's a massive bill but comes as Anthropic's revenue is taking off and the company is hampered by a lack of compute power. - It also is a significant boost to SpaceX, whose annual revenue is only around $18 billion per year. Driving the news: Anthropic and SpaceX announced their deal last month, but did not initially provide financial details. - SpaceX announced the monthly payments as part of its filing for an initial public offering , released Wednesday. It said the payments would be reduced for May and June as the deal ramps up. - Anthropic also announced moments before the…
The U.S. military employed hundreds of people and some 176 aircraft over the weekend to rescue the crew of an Air Force F-15E Strike Eagle downed deep inside Iran . The big picture: This "air armada," as Joint Chiefs Chairman Gen. Dan Caine described it at the White House on Monday, helped pull off a pair of "incredibly dangerous" extractions, bringing home the pilot and weapon-system officer (WSO). - Their callsigns were Dude 44A and Dude 44B. Among the aircraft used were bombers, fighters, refueling tankers, helicopters and unmanned systems . - Caine name-dropped the A-10 Warthog, HC-130 Combat King II and HH-60 Jolly Green II. He also hinted at "remotely piloted" and "tactical" drones. - "The courage demonstrated by both the pilot…
The U.S. Postal Service is staring down a cash crunch within a year — just as its biggest customer, Amazon , prepares to sharply scale back deliveries. Why it matters: Even as major retailers build their own logistics networks, millions of Americans — especially in rural areas — still rely on USPS for essentials like prescription medications and last-mile delivery. Driving the news: Postmaster General David Steiner warned lawmakers this week that USPS could run out of cash in less than 12 months without congressional action. - "The mail will stop" if the agency can't meet its obligations, he said. - That includes critical deliveries like "prescription drug packages." At the same time, Amazon plans to cut the volume it sends…