Google to lease computing from Musk for $30B
SpaceX, the space transportation company owned by Elon Musk, plans to lease its computing capabilities to Google for up to $30 billion over three and a half years, until June 2029. This deal allows Google to support its artificial intelligence services. The agreement includes a monthly payment of $920 million, with a clause stating that if Nvidia chips are not available by the end of September, Google has the right to terminate the contract. This deal follows a similar agreement with Anthropic and is part of Musk's efforts to enhance his companies' AI capabilities and compete with OpenAI.
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