✉news TechnologySemiconductors first seen 5 h ago, last 6 min ago, peak #7
SpaceX in talks for $40 billion Apollo-led deal to buy Nvidia chips
Original: SpaceX seeks $40B in Apollo-led deal to buy Nvidia chips, FT reports (SPCX:NASDAQ)
SpaceX is seeking roughly $40 billion in a deal led by Apollo to finance purchases of Nvidia chips, the Financial Times reports. The move would give Elon Musk's space company a major war chest for AI computing power, and comes amid an industry-wide scramble for Nvidia's processors. The reported scale of the arrangement is drawing attention to how far Musk's companies are reaching into the AI and semiconductor race.
Why now: The reported size of the Apollo-led financing and SpaceX's push into AI computing make it major tech and markets news.
SpaceXApolloNvidiaElon MuskFinancial Times
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