TechTrending across 2 sourcesBloomberg Tech1h ago
SpaceX Eyes $40 Billion Deal to Buy Nvidia Chips
TL;DRSpaceX seeks $40 billion to purchase Nvidia chips for satellite and AI infrastructure.
Why it matters: Signals massive AI/compute demands for Starlink expansion and potential new SpaceX ventures; reflects broader chip supply competition.
Elon Musk’s SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia, people familiar with the matter said. Pimco is one of the investment managers looking at the deal, according to the people. Bloomberg's Anthony Stephens reports. (Source:…
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