Two of Elon Musk’s corporations are merging to construct information facilities in area, according to a post on the SpaceX website. The rocket and satellite tv for pc firm has acquired xAI, Musk’s synthetic intelligence firm, which additionally owns the social media platform X (previously Twitter).
Within the publish, Musk mentioned the mixed firm is “essentially the most formidable, vertically built-in innovation engine on (and off) Earth, with AI, rockets, space-based web, direct-to-mobile machine communications and the world’s foremost real-time info and free speech platform.”
SpaceX is planning a public providing, and the acquisition, the most important in historical past, may place the worth of Musk’s firm at $1.5 trillion, in response to Bloomberg, which first reported on the deal. The New York Occasions estimates the value as closer to $1 trillion.
Within the publish, Musk cited issues about Earth-based information facilities, together with their huge electricity needs and the “hardship on communities and the surroundings” they pose. He mentioned the acquisition is a part of a plan to make use of solar energy to run information facilities and space-based amenities that might practice AI fashions and drive scientific breakthroughs.
“My estimate is that inside 2 to three years, the bottom price technique to generate AI compute shall be in area,” Musk mentioned.
A consultant for SpaceX didn’t instantly reply to a request for remark.
SpaceX recently promised Gigabit web speeds from area with its V3 Starlink satellites.
