Yahoo Finance
CEO Elon Musk told investorsduring the company's first-ever earnings callthat going forward, SpaceX will build its AI services exclusively on Nvidia's systems.
Nvidia stock rose roughly 2% on the news in pre-market trading on Wednesday.
"We think the Vera Rubin architecture is the best architecture.
We think it's the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia," Musk said.
"So we're exclusive to Nvidia." According to the CEO, SpaceX expects to end the year with more than 2 gigawatts of compute and anticipates having close to 10 gigawatts of computing capacity by the end of next year.
Musk also said that the company plans to launch Nvidia's Vera Rubin NVL72 rackscale system both on the ground and in space as part of its Starmind satellite program.
According to Musk, SpaceX will begin launching Starmind satellites next year.
Orbiting data centers are seen as a potential solution to building massive data centers on Earth.
Unlike their Earth-based counterparts, space-based solutions don't require companies to purchase large swaths of land.
SpaceX says cooling in space will also be less energy intensive.
But launching the servers into orbit and getting them set up and connected could prove more difficult than constructing facilities on Earth.
SpaceX' Al revenues climbed 213% quarter over quarter and 247% since the same period last year to $2.6 billion.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
Comments
Post a Comment