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SpaceX secures AI contract with Google before IPO

SpaceX secures AI contract with Google before IPO

SpaceX has secured an AI computing contract with Google worth approximately $920 million per month from October 2023 to June 2029, ensuring it will provide massive computing capabilities, including about 110,000 NVIDIA graphics processing units (GPUs), in preparation for its stock offering on the U.S. stock exchange. The contract focuses on providing advanced computing resources to support AI models, with the option to terminate or adjust capacity under specified terms. This agreement is a significant addition to SpaceX's client base and strengthens its position in the AI sector ahead of the anticipated initial public offering.

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