Tag is: The deal is

Google to lease SpaceX/AI supercomputers for $920 million a month before IPO

by the Logistics TransportIn the the General Assembly

Google has entered into an agreement with SpaceX to lease the company's computing capacity. Google will pay €920 million per month for 32 months.

With this development, the roles were reversed; Just five years ago, Google agreed to provide SpaceX ’e computing resources to provide internet services via Starlink satellites.

However, since SpaceX acquired artificial intelligence firm xAI’ in February 2026’, both owned by Elon Musk’, it currently operates a large number of large data centers called ’Colossus’, with a total computing capacity of over 2 GW‘ in the U.S. ’, and the estimated combined value of ‘SpaceX/AI’ is now $1.25 trillion.

The deal came days before SpaceX’'s planned public offering. The company also announced a similar deal with Anthropic in May.

Alphabet, the parent company of Google’, invested in SpaceX’ in 2015, when the company was worth only $12 billion. Today, SpaceX plans to go public with a valuation of over $1.75 trillion. The Google deal is expected to further increase the IPO value.

In SpaceX's IPO file, “, which deals in computing services with third parties, wrote in the ” section, “, that we believe our computer infrastructure and related strategy provide us with significant flexibility in how we allocate capacity and monetize it.

Over a hundred thousand special processors

According to a regulatory filing on Friday, Google will use 110,000 Nvidia GPUs, processors and memory components deployed in SpaceX’in data centers.

The range of use will be from October 2026 to June 2029.

SpaceX’'s regulatory application

According to the agreement, SpaceX ’ “ will not be able to access the promised amount of GPU’ until September 30, 2026’, Google will be able to terminate the agreement immediately or accept GPU”s provided at a discounted fee after a one-month grace period.

The Google deal represents the second major infrastructure deal announced after SpaceX ’ merged with xAI.

According to NBC’, Google aims to scale capacity to meet the growing customer demand for AI platforms and intermediaries, especially among large businesses.

While Musk’'s Grok AI model is not yet profitable, it showcases these deals with the world's richest entrepreneur, Google and Anthropic, as a valuable return on investment in large-scale data centers.

Meanwhile, deep fake pornography created through Grok triggered a global regulatory response against xAI’; The tech firm is now facing numerous lawsuits and government investigations that could result in hefty fines for non-consensual obscene content. Only in the United Kingdom’ta, United Kingdom GDPRData protection violations under ’si will result in %It can lead to fines up to 4’.

EU signs new trade agreement with Mexico to strengthen its position in Latin America’

by the Logistics TransportIn the the General Assembly

European Commission President Ursula von der Leyen and European Council President António Costa signed a renewed trade agreement with Mexico on Friday, shortly after Mercosur’, as part of AB’'s efforts to expand its influence in Latin America’. The deal isentered into force.

The agreement was signed at the EU-Mexico summit in ’, Mexico, attended by von der Leyen and Costa’, as well as the country's President Claudia Sheinbaum’, amid heightened geopolitical tensions and changing global alliances following the US president's return to the White House.

The economic partnership between the two medium-sized powers reflects efforts by both sides to reduce their dependence on AB’nin and ABD’ye, the largest trading partner of Mexico’, and China’e, where Mexico’ has become a hub for electric vehicle production.

Von der Leyen, “AB and Mexico are committed to a close strategic partnership, ” added: “ Today's modernized Agreements reveal our shared vision for the future and will bring many benefits to both parties.”

The EU-Mexico trade deal strengthens AB’'s diversification strategy by updating the 20-year agreement, which has already removed tariff barriers on bilateral trade.

Under the new agreement, the EU will access new markets for products such as agri-food (pork, dairy, cereals, fruit and pasta), medicine and machinery.

EU tightens trade ties with Latin American ’

Mexico is AB’'s second largest trading partner in Latin America, and the EU, Mexico is ’'s second largest export market. Trade between the two sides reached 86.8 billion euros in ’te goods by 2025, and 29.7 billion euros in ’te by 2024.

The figures are much smaller than the trade in goods and services with ’'s neighbor, the United States, which exceeds $900 billion at 2024’. But the deal came at a time when the Mexican ’ was facing increasing pressure from a more protectionist White House.

The EU is grappling with repeated tariff threats from Trump’ despite a trade deal finalized in 2025’.

Maroš Šefčovič, a trade commissioner for AB’, who is also based in Mexico City’, told “At a time of increasing global uncertainty, the EU and Mexico are choosing openness, partnership and ambition.” said. Mexico’ya pointed out that more than 43,000 European ​​ companies export, and more than 11,000 EU companies operate in the country.

The agreement will open new markets for Mexican products in agriculture, such as coffee, fruit, chocolate and agave syrup.

In addition to the opening of public procurement markets, a total of 568 European and 26 Mexican geographical signs will also be preserved, according to the Commission.

With this new agreement, the EU also wants to signal the strengthening of its presence in Latin America ’, where China’ is expanding its sphere of influence.

A senior EU official, “Latin America and the Caribbean, said that 97 percent of ’'s GDP will be covered by complex preferential agreements with the European Union, adding: “There is no other region in the world that has such a dense and connected network of deals.”

The EU has already established new trade ties with Argentina, Brazil, Paraguay and Uruguay through the Mercosur trade agreement, which entered into force temporarily on 1 May’ and liberalized the flow of trade between the EU and these countries.

However, the signing of the agreement was met with strong opposition from AB’ farmers, who feared unfair competition from Latin American imports, and the approval was suspended after members of the European Parliament objected to the agreement before the EU Court of Justice.

Brussels argues that the Mexico deal should avoid the reaction Mercosur’ faces because sensitive agricultural imports are limited through customs quotas.

MEP trade chief says ‘AB legislation can't be dictated by social media threats’

by the Logistics TransportIn the the General Assembly

German lawmaker Bernd Lange (S&D), ’'s chief negotiator on the EU-U.S. trade deal, defended the EU legislative process aimed at implementing the agreement on Friday, opposing U.S. criticism that ’'s European Union is moving too slowly.

Comments came after US President Donald Trump’ was given toUnder the agreement signed with European Commission President Ursula von der Leyen at Turnberry’ last year, the EU will reduce customs duties on U.S. goods to zero by 4 July’, otherwise warning of new customs duties on European products.

Washington has stepped up pressure on Brussels to accelerate legislation needed to implement the deal. But negotiations between AB’'s legislators is defectiveWednesday night to make a deal.

In a statement, Lange said “European legislation cannot be dictated by threatening Washington’'s social media posts, adding: Our democratic procedures are non-negotiable. "Even in stormy weather, we move on decisively." - ”

Last week, Trump told EU tools if the bloc fails to implement its part of the deal. threatened to impose tariffs; the Turnberry’ It was well above the ’ ceiling.

Recent threats have not changed negotiations between the AP’s and member states due to assurances that Parliament ’ wants to be added to the deal.

Decisions of the U.S. Courts

Since the signing of the agreement, Parliament has been among the harshest critics of the agreement, with legislators saying that EU’nin %He denounced the regulation, which he sees as a disproportionate arrangement in which he faces 15 customs duties and has reduced his own customs duties to zero while committing large investments in the U.S. ’.

MEPs suspended the deal earlier this year after Trump’ threatened tariffs against Europe’ in an effort to buy Greenland’. Parliament then added conditions to the agreement, including a ’ termination clause that ended the agreement in March 2028, new threats from “ and Washington ”, market distortions linked to U.S. imports, or a suspension mechanism in the event of economic pressure.

Lange said security measures, including ’'s decision on Thursday to block tariffs affecting three plaintiff companies and the Supreme Court's ruling in February that outlawed ’'s 2025 tariffs, should also protect the agreement against growing legal uncertainty in the U.S. ’.

Member of the European Parliament, “All this underscores the importance of a stable European safety net, ” said.

“ Europe must have the capacity to act. We must support the agreement and at the same time be able to react quickly if the attitude of the US ’ changes again. Otherwise, everything becomes recklessness and narrow-mindedness. - ”

Lange confirmed that a new round of negotiations between EU lawmakers and member states will take place on 19 May’; Both sides hoped to achieve a deal that could be ratified by Parliament in June ahead of Trump’'s deadline.

Members of the European Parliament and EU countries failed to reach an agreement on the EU-US agreement

by the Logistics TransportIn the the General Assembly

The European Parliament and the Cyprus Presidency, which represents EU member states, failed to reach an agreement last night on the abolition of EU customs duties on U.S. industrial goods agreed under the Turnberry agreement signed last summer.

This decline comes just days after the US ’ threatened to impose a 25 percent tariff on EU vehicles, intensifying pressure on European ​​ negotiators; The rate exceeded the 15 percent ’ ceiling for U.S. tariffs on EU goods agreed last summer at Turnberry’ by U.S. President Donald Trump and European Commission President Ursula von der Leyen.

Despite the unsuccessful round of negotiations, which lasted until late at night, the Cyprus presidency said the talks created a “positive momentum between both sides, with negotiators registering ”Progression“.

The clock is ticking

Time is ticking and pressure has intensified in recent days from the European Commission, which has pushed for the rapid implementation of the EU-US agreement, and from the leaders of Parliament, ’'s largest political group, the conservative European People's Party, ’, which argues that businesses need certainty.

Cypriot Trade Minister Michael Damianos tried to reassure them, saying that Council ’ was determined to act quickly on the implementation of the agreement, adding: “We are fully committed to maintaining our constructive relationship with the European Parliament.”

Euronews’e, an EU diplomat, said yesterday's talks were mainly aimed at revealing the political positions of both sides, with technical negotiations expected at a later stage. Negotiators are now aiming for a new round of talks in ’ on May 19.

Parliament has added strong guarantees to the EU-US agreement; However, member states do not support all of them, although they widely agreed on the need to protect the deal from Trump’'s future threats to EU vehicles or Greenland’ earlier this year.

German socialist lawmaker Bernd Lange said “ was the way to go, but added that negotiators had made good progress on the ” security mechanism and the review and evaluation of the main regulation.

Parliament's demands include making the deal provisional, ending in March 2028’, just months before the end of Trump’'s second term.

Ekol Logistics withdrew from its memorandum with the Danish DFDS ⁇

by the Logistics TransportIn the Category: Logistics

Danish transport company DFDS and Turkey-based Ekol Lojistik ⁇ in's agreement involving the sale of the Turkish company's inter-country transport unit resulted in a negative result.

Ekol Logistics announced that it has withdrawn from the contract. The acquisition was expected to be around 1.9 billion Danish kronor (about $277 million).

Why is the agreement broken?

Ekol Logistics Board of Directors Leader Ahmet Mosul gave information about the reason for the deterioration of the agreement in his written statement.

Mosul noted: During the period of our customs activities to DFDS company with inter-country land, air and sea transportation, which has been continuing for more than two years; In the last stage, we faced unfair demands that did not coincide with our values, principles and professionalism and were not in our agreement. That's why we decided to withdraw from the board. In this process, transparency, honesty and observing the long-term interests of our company became our basic principle. ⁇

In April 2023, the Competition Board approved DFDS ⁇ to purchase Ekol Lojistik ⁇ 's international transportation unit, which forms a wide network in the middle of Turkey and Europe.

10-year LNG agreement from BOTAŞ and Total ⁇

by the Logistics TransportIn the Category: Logistics

Minister of Energy and Natural Resources Bayraktar ⁇ We are creating a Turkish blend with the mixing of different sources. We are in a position to present this mixture to Avrupa ⁇ .

Turkey continues to take steps to expand its natural gas supply range. A new one has been added to the agreements previously signed with 3 global companies. BOTAŞ and TotalEnergies signed a 10-year LNG agreement during the US contacts of Alparslan Bayraktar ⁇ , Minister of Energy and Natural Resources. With the agreement, Total will supply 16 LNG cargoes of approximately 1.6 billion cubic meters each year from 2027. BOTAŞ will be able to receive some of the LNG ⁇ from the filling ports in the USA and some of the LNG ⁇ from the Turkish and European terminals.

Making a statement after the signing ceremony, Energy and Natural Resources Minister Alparslan Bayraktar stated that Turkey ⁇ is the 4 ⁇ largest natural gas market in Europe with a consumption of 50-55 billion cubic meters and ⁇ We are creating a Turkish Blend by mixing gases from different sources in Turkey ⁇ . We are able to offer this mixture to customers in Europe, especially to countries in need of gas in South East Europe.

THE GOAL IS TO BE A NATURAL GAS CENTER

Turkey, which can store natural gas from different sources with its strong infrastructure, is making strategic moves in line with its goal of becoming a natural gas center. On the margins of Gastech 2024 Fair and Conference held in Houston, USA, an agreement was signed between TotalEnergies, a global energy company, and BOTAŞ. While Minister Bayraktar accompanied the agreement, BOTAŞ General Manager Abdulvahit Fidan and TotalEnergies LNG Senior Vice President Gregory Joffroy signed the agreement.

THE SUPPLY PORTFOLIO IS DIFFERENT

According to the agreement; TotalEnergies will supply 16 LNG cargoes of approximately 1.6 billion cubic meters each year from 2027. BOTAŞ will be able to receive some of the LNG ⁇ from the filling ports in the USA and some of the LNG ⁇ from the Turkish and European terminals. With the agreement, Turkey's natural gas supply portfolio will be diversified. With these and similar agreements, BOTAŞ will gain additional operational and commercial capabilities and become stronger in the global market.

LONG-TERM AGREEMENTS

CLOSE TO 10 YEARS

Bayraktar noted that the agreement with Total covers 10 years and includes the delivery of 16 cargoes of approximately 1.6 billion cubic meters of LNG to Türkiye ⁇ every year for 10 years starting from ⁇ 2027. So when you look at the sum of 16 billion cubic meters of a deal. ⁇ he said.

80 BILLION METERS CAPACITY

Stating that Turkey has become able to receive the gas above its needs with its existing infrastructure, Bayraktar said that Turkey's entry capacity is able to easily meet approximately 80 billion cubic meters with the production at Sakarya Gas Field, international pipeline projects and LNG infrastructure.

WE WILL EXPORT THE ROOM TO EUROPE

Bayraktar, Turkey ⁇ Considering that it is the 4th largest natural gas market in Europe with its consumption of 50-55 billion cubic meters, emphasizing that it can export the remaining amount to Europe ⁇ We are creating a Turkish Blend by mixing gases from different sources in ⁇ Turkey ⁇ . We are able to offer this mixture to customers in Europe, especially to countries in need of gas in South East Europe. We currently export this gas to Bulgaria ⁇ a, Romania ⁇ a, Hungary ⁇ a. I hope that we will do this in larger quantities as BOTAS as Turkey. ⁇ said.

THERE MAY BE NEW AGREEMENTS

Bayraktar, who explained that they have created a gas portfolio by evaluating whoever proposes more competitive, cheaper and more flexible contract terms under any favorable conditions, ⁇ Of course, there may be such agreements that may be new. We will continue to work to supply gas to our country from the cheapest source under the most competitive conditions. ⁇

bigpara.hurriyet.com.tr

BOTAŞ signs LNG agreement with Total

by the Logistics TransportIn the Category: Logistics

According to sources close to the issue, Turkey has signed a new 10-year procurement agreement with TotalEnergies SE, 1.6 billion cubic meters per year, following Exxon Mobil Corp. and Shell Plc ⁇ . While this agreement increases Turkey's capacity to trade gas to Europe and the countries in the region including Egypt, it also increases its bargaining power in new period natural gas agreements with Russia and Iran.

Energy and Natural Resources Minister Alparslan Bayraktar attended the LNG supply agreement ceremony between French TotalEnergies and BOTAŞ yesterday evening in Houston, USA. Under the agreement, Turkey will supply 1.6 billion cubic meters of LNG annually for 10 years from 2027. BOTAŞ's agreement with Shell Plc envisaged an annual supply of 4 billion cubic meters, and its agreement with Exxon Mobil Corp. envisioned an annual supply of 2.5 million tons.

It is important for Turkey that the start dates of all three agreements are 2027. The new LNG agreements strengthen Turkey's hand in negotiations with Iran and Russia for the renewal of long-term supply contracts, which will expire in 2025 and 2026.

161 million cubic meters capacity

Turkey's 3 FSRU vessels are capable of gasification of 84 million cubic meters per day. In addition, Egegaz LNG terminal in Izmir Aliağa ⁇ has a capacity of 40 million cubic meters per day and Marmara Ereğlisi LNG terminal in Tekirdağ ⁇ has a capacity of 37 million cubic meters. The total gasification capacity of the 5 plants is 161 million cubic meters.

In the last year, Turkey has signed natural gas export agreements with 4 European countries: Bulgaria, Hungary, Romania and Moldova. The fact that the transit agreement of the Russia-Ukraine-Europe pipeline will end this year strengthens Turkey's role in this regard for Europe. In the event of the end of the annual transit of 40 billion cubic meters of natural gas between 2021-2024, it is imperative that Avrupa ⁇ turn to alternative solutions.

In an interview with Bloomberg in July, Minister Bayraktar said that if the technical infrastructure is prepared to address Avrupa ⁇ 's concerns about energy supply security, Turkey can increase the gas transfer to Bulgaria from 3.5 billion cubic meters to 7 billion cubic meters and benefit European countries from 25-30 billion cubic meters of LNG processing capacity.

The new country could be Egypt.

In addition to European countries, Turkey is also conducting LNG negotiations with Egypt, where relations have started to normalize after many years. In this context, negotiations have been going on for some time regarding the project regarding the role of Turkey's FSRU ships in Egypt's gas supply. Minister Alparslan Bayraktar also met with his Egyptian counterpart during his visit to the United States.