Anthropic signs Elon Musk's SpaceX for Colossus 1 compute ahead of June IPO

Burns Brief

The Claude maker said Wednesday it would use all the compute capacity at SpaceX's Colossus 1 data center, the latest partnership stitched onto its AI infrastructure buildout The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.