SpaceX Sets 40B AI Chip Deal
SpaceX agreed to a forty billion dollar financing deal with an Apollo affiliate to acquire AI chips and server hardware. The equipment leases will support the company's computing power demands for its space missions.
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SpaceX secured a $40 billion debt financing deal with an affiliate of APOLLO GLOBAL MANAGEMENT INC to purchase AI chips and server hardware. The agreement underscores the aerospace firm's heavy capital expenditures for computing infrastructure. The funding supports the company's long-term expansion in artificial intelligence and space exploration.
