Why SpaceX bought xAI: Data centers in space arent the only reason

12 hours ago 1
SpaceX and xAI logos

Elon Musk, the world's richest man, just combined his companies SpaceX and xAI, creating the most valuable privately-owned company in the world.

The reason? In a statement posted on SpaceX's website after the news broke on Monday, Musk said that the electricity demand for AI was too much and, in the long term, AI data centers will need to operate in space. Days before SpaceX acquired xAI (creating a company valued at an estimated $1.25 trillion), the company had already submitted filings to the Fed...

Source: https://mashable.com/article/why-spacex-bought-xai-elon-musk

Read Entire Article

Disclaimer of liability !!!

NEWS.SP1.RO is an automatic news aggregator. In each article, taken over by NEWS.SP1.RO with maximum 500 characters from the original article, the source name and hyperlink to the source are specified.

The acquisition of information aims to promote and facilitate access to information, in compliance with intellectual property rights, in accordance with the terms and conditions of the source.

If you are the owner of the content and do not wish to publish your materials, please contact us by email at [email protected] and the content will be deleted as soon as possible.