Google’s new TPU 8i chip (Google)

Google shares jump on new TPU 8 chips, enterprise agent platform, and partnership with Nvidia

The raft of announcements from Google’s Cloud Next ’26 event sent shares up in early trading.

Google rolled out a flurry of announcements at its Cloud Next ’26 event this morning, pushing shares up over 1.5% in early trading.

The company announced its new eighth-generation TPU chips: the TPU 8t, for training, and the TPU 8i, for inference. Earlier generations of TPU chips were used for both training and inference, but now each of those two tasks is handled by distinct hardware.

Google’s chips have been continually improving over a decade of development and have emerged as a popular alternative to market leader Nvidia’s GPUs, which dominated the first wave of generative-AI model development. Anthropic recently announced a partnership with Google to access 3.5 gigawatts of TPU computing starting in 2027.

Google also announced a new Gemini Enterprise Agent Platform, which replaces its Vertex AI product.

Google isn’t exactly going head-to-head with Nvidia’s much more powerful chips — and it’s still offering them as part of Google Cloud to customers.

Google and Nvidia also announced a partnership to deploy the most advanced Vera Rubin chips on Google Cloud via Google’s A5X next-gen AI infrastructure.

Rani Molla2h

How Elon Musk has shifted SpaceX’s goals ahead of its IPO

The New York Times took a close look at how Elon Musk is reshaping SpaceX’s priorities ahead of its highly anticipated, potentially record-breaking IPO — and what that could mean for the company and its investors.

As the NYT’s Ryan Mac noted in the article, “Shifting aims before an I.P.O. would be unthinkable for most corporate leaders, who tend to focus on their core businesses and try to project steadiness to potential investors.”

But Musk, who is also the ever-unpredictable CEO of Tesla, doesn’t follow typical playbooks. Here’s a quick look at how SpaceX’s goals have changed:

Musk’s SpaceX Goals Shift Ahead of Its I.P.O.

But Musk, who is also the ever-unpredictable CEO of Tesla, doesn’t follow typical playbooks. Here’s a quick look at how SpaceX’s goals have changed:

Rani Molla17h

SpaceX seals right to buy coding startup Cursor for $60 billion

SpaceX said today that it’s “working closely together” with fast-growing coding startup Cursor “to create the world’s best coding and knowledge work AI.” The post also said SpaceX would have the right to acquire Cursor later this year or make the startup “pay $10 billion for our work together.” The New York Times, citing people familiar with the matter, previously reported that the companies had agreed to an acquisition.

The news comes as SpaceX prepares for a blockbuster IPO and doubles down on AI, with a growing — if still fully aspirational — focus on space-based data infrastructure and computing.

Last month, when SpaceX hired two senior leaders from Cursor, CEO Elon Musk noted that xAI, which SpaceX acquired earlier this year, “was not built right first time around, so is being rebuilt from the foundations up.”