SpaceX Reflection AI deal: $6.3bn for compute


Reflection AI will pay SpaceX $150mn a month for Nvidia chips at Colossus 2, a deal worth roughly $6.3bn by 2029. The SpaceX Reflection AI deal puts Nvidia on both sides of the trade.

SpaceX has signed another giant compute tenant. This time it is Reflection AI, an open-source startup barely two years old.

Reflection will pay $150mn a month to rent Nvidia chips at Colossus 2, SpaceX’s data centre in Memphis. The payments run from 1 July 2026 through 2029, and add up to about $6.3bn, according to CNBC.

The Information first reported the deal. Either side can walk away with 90 days’ notice after the first three months, and the compute runs on Nvidia’s latest GB300 systems.

Nvidia is on both sides

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The structure is unusual. Nvidia makes the chips that power the deal, and it is also an investor in Reflection.

Nvidia put around $800mn into the startup last year, Tech Funding News reported. So the same company supplies the hardware and helps fund the customer that rents it.

That circularity is becoming common in the AI buildout. Money and silicon flow between a small group of firms. The same names keep appearing on both sides of each contract.

Who Reflection is

Reflection was founded in 2024 by Misha Laskin and Ioannis Antonoglou. Both came from Google DeepMind, where Antonoglou helped build AlphaGo.

The startup raised $2bn last October at an $8bn valuation, with Nvidia, Sequoia and Lightspeed backing it. It is now raising again at a $25bn valuation, Bloomberg reported.

Reflection has not shipped a public frontier model yet. Its pitch is open weights, a deliberate contrast to closed labs like OpenAI and Anthropic.

“More compute means more runway to build the world’s best open models at scale,” the company said. It frames the work as “American open intelligence”. The startup also has ties to the Energy Department’s Genesis Mission and Pentagon AI projects.

SpaceX is now a compute landlord

SpaceX built Colossus for xAI’s Grok. It has since turned the site into a rental business. That is partly because it could not make the data centre work for its own models.

Reflection is the latest tenant in a fast-growing list. SpaceX already rents capacity to Anthropic for about $1.25bn a month and to Google for $920mn a month.

It is also moving up the stack. SpaceX has an option to buy the AI coding startup Cursor for $60bn after its record IPO.

Together, those contracts give SpaceX more than $80bn in committed compute revenue through 2029, according to Tech Funding News.

Inside Colossus 2

Colossus 2 is the newer of SpaceX’s two Memphis campuses. The original Colossus 1 already houses more than 220,000 Nvidia GPUs.

SpaceX wants the wider complex to reach two gigawatts of power. That would make Memphis one of the largest concentrations of AI compute anywhere.

Investors are still weighing the strategy. SpaceX shares fell sharply after its June IPO, even as the compute contracts piled up.

The bottom line

The Reflection deal is small next to the Anthropic one. At $150mn a month, it is roughly an eighth of what Anthropic pays.

But it matters for what it signals. SpaceX’s compute arm now underwrites the open-source side of the AI race. Yet its IPO growth story still leans on Grok.

For Nvidia, it is one more deal where it sells the picks and owns part of the mine.



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Recent Reviews


Ghost CMS flaw abused to push ClickFix attacks on hundreds of sites

Pierluigi Paganini
May 25, 2026

Threat actors are actively exploiting a security flaw, tracked as CVE-2026-26980, in Ghost CMS that was fixed months ago in real attacks against unpatched websites. According to Qianxin, the campaign has already affected more than 700 sites, including well-known organizations and universities.

The vulnerability is an SQL injection issue in Ghost’s Content API that can let an attacker read data from the database without logging in. In the worst case, this can expose the Admin API key, which can allow attackers to take over the site.

That key matters because it can be used to change published content. In this campaign, attackers used it to edit articles on compromised Ghost sites and insert malicious JavaScript at the end of pages. The goal was not just defacement, but to turn trusted websites into launch points for further malware delivery.

“After an in-depth investigation and analysis, we determined that this was not a targeted intrusion against the customer, but rather a large-scale poisoning campaign by an in-the-wild attack group targeting Ghost CMS. Although CVE-2026-26980 was publicly disclosed as early as February 19, a large number of users did not patch and upgrade in time, providing an opportunity for attackers.” reads the advisory published by Qianxin. “At least two groups are currently actively conducting such poisoning operations, and some sites have even become the target of competition between the two parties, with different malicious code being implanted one after another within a single day.”

The inserted code led visitors through a two-step chain. First, the page loaded a remote script that checked the browser and decided what the visitor should see. Then real victims were redirected to a fake verification page that looked like a normal “I’m human” check.

This is where the ClickFix part began. The page told users to press Windows+R, paste a command, and hit Enter. In practice, that command downloaded and started a malware payload on the victim’s machine. It was a classic social engineering trick: make the user do the dangerous part themselves.

Qianxin says the first signs of this activity appeared in early May. The malicious code found in the campaign had a compilation date of February 16, the same day Ghost announced the fix for CVE-2026-26980. That suggests the attackers moved quickly once they saw how many sites had not been updated.

The affected websites cover a wide range of sectors. Roughly half are personal blogs or independent sites, but the list also includes technology blogs, AI sites, media outlets, crypto projects, and educational institutions. Qianxin researchers say victims include sites linked to Harvard, Oxford, and DuckDuckGo.

The attack chain was also designed to be flexible. The loaders could fetch different payloads depending on the target, and the operators changed infrastructure several times.

“entire attack process has obvious five-stage characteristics of “CMS Takeover → Page Poisoning → Two-stage Loading → Social Engineering Lure (FakeCaptcha/ClickFix) → Malware Delivery”, and the entire process is highly automated: bulk vulnerability scanning → automatic key extraction → bulk injection → dynamic C2 distribution.” states the report.

In some cases, they switched domains after detection, keeping the campaign alive even when part of the chain was blocked.

“Through feature scanning of publicly accessible pages, we have cumulatively identified more than 700 poisoned victim domains, and have proactively contacted the sites for which contact information could be obtained, notifying them of the poisoning.” continues the report.

Qianxin also believes at least two different groups are involved. In some cases, the same site was hit more than once, with one attacker replacing the code left by another. That makes the campaign harder to clean up and shows how attractive compromised Ghost sites have become for abuse.

For site owners, the advice is straightforward. Ghost should be updated immediately, all credentials should be rotated, and site logs should be reviewed for suspicious admin API activity. Any injected scripts should be removed from the database itself, not just from the visual editor. Visitors who may have reached a poisoned site should also be warned.

The report includes Indicators of Compromise (IoCs) for the attacks observed by the researchers.

Follow me on Twitter: @securityaffairs and Facebook and Mastodon

Pierluigi Paganini

(SecurityAffairs – hacking, Ghost CMS)







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