Nvidia has disclosed that it owns nearly 123 million shares in SpaceX, further highlighting the chipmaker’s entangled financial relationships with some of its biggest customers.

The $5.5 trillion company owned SpaceX stock worth nearly $21 billion at the end of June, according to an SEC filing on Friday. Elon Musk’s rocket conglomerate’s shares have fallen sharply since its June initial public offering, meaning Nvidia’s stake would now be worth $17 billion.

The disclosure marks a huge pay-off on Nvidia’s investment in xAI, completed in January, shortly before Musk combined the AI lab with SpaceX.

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Anthropic is hiring a "custom silicon team" to design chips on which to run its models, the company has revealed.

Yesterday, Business Insider noticed a job listing for a senior engineer with experience shipping semiconductor designs. (You can see listings for a silicon engineer and a technical program manager, silicon on Anthropic's job board right now.) A spokesperson for Anthropic then confirmed the plans to both Business Insider and TechCrunch.

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