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Amazon asked the FCC on July 24 for 5,105 direct-to-device satellites, beaming voice and data to unmodified phones from 2028 on spectrum from its $11.6 billion Globalstar acquisition, pointed squarely at Starlink's direct-to-cell business. Starship Flight 13 flew July 24 from Starbase, a day past the slot we flagged last issue, and deployed 20 Starlink V3 satellites in the vehicle's first operational payload delivery, though Booster 20 relit only about half its Raptors and did not survive the splashdown. Intel unveiled Starfire, its first space-grade system-on-chip, an 18A part rated to 75 TOPS that it positions against the two-decade-old RAD750, with radiation qualification still unfinished.
The podcast streams live on X this week at our usual 11 AM EST. Please follow us here and then click the bell icon to get notified.
This week's analysis, "Mapping the AI Compute Market: 96 Announced Gigawatts, 15 Live," counts what the industry has built against what it has announced. Effective supply is 21.5 million H100 equivalents against 22.1 million of funded demand, a market clearing at 1.03x, and rental prices turned with it, up from a $1.70 an hour bottom in October 2025 to $2.35 by March, widening the spread over blended owner cost to about $1.26 from the $0.30 that held through most of 2025. Six buyers have signed build programs reaching 34.5 GW-IT by end-2027, 1.4x the entire installed base operating today. The constraint hands off from chips to electricity from here: 24 GW of the announced pipeline exists only as grid interconnection filings. The full analysis and underlying model are exclusive to Mach33 Premium Research members.
We are also introducing the Brief, a short, visual version of our analysis, designed explicitly to maximize understanding. We rebuild each analysis as something you can scroll through in a few minutes on a phone, with the interactive pieces intact. The first one lands with this issue.
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| Recent Posts |
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Mapping the AI Compute Market: 96 Announced Gigawatts, 15 Live
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Jul 29, 2026
AI ChipsChinaSupplyCompute Demand
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AI companies have announced roughly 96 gigawatts of data center capacity. About 15 gigawatts run today. Mach33 tracks the gap facility by facility: ~240 sites and 65 supply deals, each project discounted by how likely it is to get built, against a price tape that turned in early 2026 and now sits ~40% above its October 2025 low. Six buyers have signed build programs that together exceed the entire installed base operating today.
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Brief: The Orbital Inference Containment Tax
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Jul 28, 2026
AI ChipsSpaceXOrbital Data CentersSpaceXAi
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The sharpest technical objection to SpaceX's orbital AI plan is not power or heat. It is that modern AI models are designed to run across hundreds of interconnected chips... so we model how a typical 72 GPU NVDA rack would perform as a node in comparison. Forcing a frontier model into one satellite forgoes up to 44% of achievable output. The penalty is real but not permanent, better software, slimmer models, and models designed to fit the satellite could reduce it to near parity over time.
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| Industry News |
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Amazon asked the FCC for permission to launch 5,000 direct-to-device satellites that would provide cell service from space, escalating its rivalry with SpaceX.
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Starship Flight 13 launched July 24 from Starbase after two prior scrubs, deploying 20 Starlink V3 satellites in the first operational Starship payload delivery. Booster 20's landing burn failed when only about half its Raptor engines relit, resulting in a hard splashdown and loss of the booster; the ship completed its suborbital profile.
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Intel unveiled Starfire, a space-grade system-on-chip built on its 18A process, with initial customer availability expected by the end of 2026. Intel Government Technologies funded the chip internally and has not disclosed development costs.
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| The Space Finance Group |
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