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Google's recurring billion-dollar payments to SpaceX
Google surprised the market by signing a major deal with SpaceX, involving the rental of high-performance computing capabilities worth up to approximately $30 billion over three years to support its artificial intelligence projects. The agreement stipulates a monthly payment of $920 million for the provision of 110,000 NVIDIA graphics processing units, helping to meet the increasing demand for the Google Gemini Enterprise platform, while ensuring data protection and flexible cancellation terms. This deal allows SpaceX to boost its cash flow ahead of its highly anticipated IPO, and represents a strategic move in the intense competition within the computing and artificial intelligence sectors.
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