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Elon Musk's rocket venture, SpaceX, announced on Monday that it had bought xAI.
SpaceX has acquired xAI, merging Musk's AI and space ventures into a single company.
KEY POINTS
- Musk estimates AI compute in space will become the lowest-cost option within 2 to 3 years.
- xAI is investing $20 billion in a large data center called MACROHARDRR near Memphis, Mississippi.
- Outside investor 1789 Capital, linked to Donald Trump Jr., invested over $1 billion in Musk's companies.
COMPANIES
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