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TechCrunchby Aditya Mehta
Original published:

SpaceX locks in $40B GPU financing deal with Apollo

SpaceX locks in $40B GPU financing deal with Apollo
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SpaceX has secured a binding commitment for roughly $40 billion in financing to purchase AI chips and related data center equipment, which the company described as the largest committed GPU financing ever.

Key points

  • •SpaceX disclosed in a regulatory filing on Monday that it has locked in a binding commitment for approximately $40 billion in financing to pay for AI chips and related data center equipment.
  • •In a statement, SpaceX characterized the deal as the "largest committed GPU financing" ever.
  • •The funds are intended to cover the cost of AI chips and associated data center infrastructure.
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#Semiconductors & Infrastructure#AI Companies & Funding#SpaceX#Apollo

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