SpaceX Plans $40 Billion Deal to Buy Nvidia Chips
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Insights by Echo AI
SpaceX is reportedly planning to raise $40 billion, led by Apollo Global Management, to purchase Nvidia's AI chips. The deal, expected to close in 2027, is part of the vast spending on chips and infrastructure driving the AI boom. SpaceX aims to use Nvidia hardware exclusively for its data centers, with the company's AI division, SpaceXAI, playing a significant role.
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