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SpaceX Signs Compute Agreement With Google Ahead Of Planned IPO

by THEFUTURE.TEAM

SpaceX And Google Forge A Major Compute Partnership

SpaceX has announced a compute agreement with Google ahead of its planned initial public offering. According to a regulatory filing, Google will pay SpaceX $920 million per month from October 2026 through June 2029 in exchange for access to approximately 110,000 NVIDIA GPUs, CPUs, memory and related computing infrastructure.

Drawing Comparisons With Anthropic’s Agreement

The agreement follows a similar deal announced in May with Anthropic, which committed to paying $1.25 billion per month through 2029 for access to compute capacity at SpaceX’s Colossus 1 data centre near Memphis, Tennessee.

Based on the disclosed figures, Google’s allocation appears to be smaller than the capacity assigned to Anthropic. SpaceX has not identified which facility will support Google’s workloads, although CEO Elon Musk previously stated that Colossus 2 would be reserved for xAI.

Meeting Surging Demand In AI Innovation

Google’s move comes at a time when the company is experiencing unexpected demand for its cutting-edge AI products. A Google representative emphasized that, citing the strong performance of the newly launched Gemini Enterprise platform, this strategic, short-term agreement is designed to bridge capacity gaps. With Google frequently recognized as one of the largest single owners of AI compute resources, the robust design of this deal underlines the intensifying competition in the technology sector.

Financial Implications And Future Prospects

The announcement comes as SpaceX prepares for its expected Nasdaq debut. According to preliminary SEC filings, the company plans to raise approximately $75 billion at a valuation of around $1.75 trillion. At the same time, Alphabet has continued to expand its investment programme, authorising more than $180 billion in capital expenditures and announcing plans for an $80 billion equity offering.

Terms And Conditions Of The Agreement

The contract includes a termination clause allowing either party to cancel the agreement with 90 days’ notice after December 31, 2026. Google’s access to the designated computing infrastructure is expected to increase gradually through September at a reduced rate. If SpaceX fails to provide the agreed number of GPUs by September 30, 2026, Google may terminate the contract after a one-month grace period or accept a reduced allocation at a lower monthly cost.

A Strategic Partnership With Longstanding Ties

The agreement builds on an existing relationship between the two companies. Google is already an investor in SpaceX and, according to Bloomberg, its stake could be worth more than $100 billion following the IPO. Reports also indicate that discussions between the companies are continuing around potential orbital data centre projects, which form part of SpaceX’s broader long-term strategy.

Cyprus Expected Working Life Reaches 39.5 Years, Above EU Average

by THEFUTURE.TEAM

People in Cyprus are expected to spend 39.5 years in the workforce, around two years longer than the European Union average of 37.5 years, according to the latest Eurostat data for 2025.

The figure places Cyprus among the EU countries with the longest expected working lives.

Cyprus Ranks Above EU Average

Only a handful of member states recorded higher figures than Cyprus. The Netherlands topped the ranking at 44 years, followed by Sweden at 43.4 years, Denmark at 42.6 years, and Estonia at 41.5 years.

At the other end of the ranking were Romania with 32.7 years, Italy with 33.0 years, Bulgaria with 34.6 years and Greece with 35.3 years.

Gender Gap Remains Wider Than EU Average

Men in Cyprus are expected to remain in work for 42.1 years, compared with 36.7 years for women. The gap of 5.4 years exceeds the EU average gender gap of 4.1 years.

Across the bloc, Lithuania, Latvia and Estonia were the only countries where women were expected to spend longer in employment than men. Finland recorded the smallest positive gender gap at 0.7 years.

Italy posted the widest gap at 8.9 years, followed by Romania at 6.9 years, Greece at 6.7 years and Malta at 6.3 years.

Working Lives Continue To Lengthen

Between 2016 and 2025, expected working life in Cyprus increased by 3.5 years, placing the country among the strongest performers in the EU over the period. Men’s expected working life rose by 3.3 years, while women’s increased by 3.6 years.

Across the EU, every member state recorded an increase. Malta posted the largest gain at 4.9 years, followed by Hungary and Ireland at 4.2 years each, and the Netherlands at 4.1 years.

Malta’s increase was driven largely by women, whose expected working life rose by 7.8 years, the biggest increase recorded across the bloc.

By comparison, Romania, Spain, Italy, Germany and Austria recorded gains of two years or less over the same period.

Women’s Working Lives Increase Faster Across Europe

Women’s expected working life increased faster than men’s in most EU countries. Denmark, Romania, Sweden and Greece were the main exceptions.

In Cyprus, gains for men and women were broadly similar, alongside Bulgaria, Belgium and Slovenia.

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Aretilaw firm
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