Google will pay SpaceX $920 million a month for AI compute capacity at SpaceX's data centers, utilizing approximately 110,000 Nvidia graphics processing units along with other hardware components. The agreement is effective from October 2023 through June 2029.

Technology companies are facing supply chain limits for the first time since the 2000s, leading to a 48% increase in GPU rental prices for Nvidia’s Blackwell chips, now at $4.08 per hour. CoreWeave has raised prices by 20% and extended minimum contracts from one year to three, while OpenAI's CFO, Sarah Friar, indicated that compute shortages are forcing difficult decisions on project priorities.