#spacex

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Elon Musk’s AI ambitions are converging on multiple fronts simultaneously. SpaceX is considering spending up to $119 billion on a semiconductor facility in Grimes County, Texas, dubbed “Terafab” — a vertically integrated chip manufacturing complex developed alongside Tesla and Intel. The facility is intended to produce chips for AI servers, satellites, autonomous vehicles, and SpaceX’s proposed orbital […]

Deal follows others with Microsoft, Amazon, and more.

In an unexpected turn, the two companies signed a deal for Anthropic to use computing resources from Elon Musk’s xAI.

SpaceX, Elon Musk's space company that also houses his AI company, xAI, is considering spending $55 billion, at least initially, to build a semiconductor factory in Texas, according to a filing with Grimes County.

AI start-up is racing to add computing power to keep up with its growth

The U.S. Department of Defense has signed agreements with Nvidia, Microsoft, Amazon Web Services, and Reflection AI, granting access to their AI technologies on classified networks for lawful operational use. The deals follow earlier agreements with Google, OpenAI, and SpaceX, and reflect the Pentagon’s push to build a broad, vendor-diverse AI architecture for military operations. […]

The Pentagon says it has reached agreements with eight AI companies to use their technology in classified defence settings. The military will have access to resources provided by Google, Microsoft, Amazon, Nvidia, Oracle, OpenAI, SpaceX, and the startup Reflection. Absent from the list is Anthropic, following its public dispute and legal battle with the Trump administration over AI ethics. Peter O’Brien looks at how these developments came about.

At TechCrunch's sold-out StrictlyVC event in San Francisco on Thursday night, we covered a lot of ground in a short time, beginning with the question everyone in the industry is asking right now: in a world where rival Cursor is reportedly in talks to be acquired by SpaceX for $60 billion, is Replit also bound to sell?

Agreements with artificial intelligence firms spark concerns over public spending, cyber security and domestic surveillance Sign up for the Breaking News US email to get newsletter alerts in your inbox The Pentagon said on Friday it had reached agreements with seven leading artificial intelligence (AI) companies: SpaceX, OpenAI, Google, Nvidia, Reflection, Microsoft and Amazon Web Services. “These agreements accelerate the transformation toward establishing the United States military as an AI-first fighting force and will strengthen our warfighters’ ability to maintain decision superiority across all domains of warfare,” the Pentagon said in statement. Continue reading...

Even before the rocket company holds a major initial public offering, many people own stock in it through so-called special purpose vehicles.