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Telecommunications & Media

Starlink subscriber growth misses expectations but business and government revenue jumps 91 percent

SpaceX\'s satellite internet service Starlink fell short of market expectations for consumer subscriber growth, with 13.6 million consumers as of end-September. Monthly revenue per consumer subscriber rose 5 percent from the prior quarter. Business and government revenue surged 91 percent year on year to $2.1 billion. SpaceX said Starlink equipment was installed on 3,800 aircraft. The company is also moving faster into the mobile communications market through a low-band spectrum deal.

AI & Enterprise

SpaceX to spend up to 53 trillion won on AI infrastructure, says payback under a year

SpaceX is expanding investment in artificial intelligence infrastructure, its third-quarter results show. The company spent $16.4 billion in AI-related capital expenditure and forecast total capital spending of $35 billion to $40 billion this quarter as new computing facilities come online. CFO Bret Johnsen said the new facilities could recoup investment in less than a year at current prices. Third-quarter AI revenue topped estimates and exceeded Starlink revenue for the first time on a quarterly basis.

AI & Enterprise

Nvidia GPUs become core AI resource as firms mobilise all channels to secure supply

Nvidia graphics processing units have become a key resource for AI infrastructure, pushing companies to change how they procure computing capacity. Firms are expanding beyond reliance on large cloud providers such as AWS, Microsoft Azure and Google Cloud, using neocloud specialists, online marketplaces, direct equipment purchases and customer-supplied hardware models. Demand continues to outstrip supply, and providers and customers are multiplying even as prices rise and prepayments and long-term contracts add to procurement costs.