Economy · World
SpaceX Seeks $40 Billion Financing for Nvidia Chip Purchases
SpaceX is reportedly in discussions to secure $40 billion in financing, primarily to purchase Nvidia chips. The financing is being led by Apollo, according to reports. This move is part of a broader trend where technology companies and AI model developers are investing and borrowing substantial sums to build data centers equipped with chips essential for powering AI systems.
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- Centre (2): Reuters, The Hindu BusinessLine