Musk forms SpaceX-xAI merger firm, plans for space-based AI data centres

Musk forms SpaceX-xAI merger firm, plans for space-based AI data centres
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Elon Musk’s SpaceX has acquired his AI company xAI as part of an ambitious scheme to construct space-based data centres to power the future of artificial intelligence.

The billionaire, who is also the CEO of Tesla, announced the merger in a statement on Tuesday on the SpaceX website.

Musk said the merger will help to address the emerging question of how to meet the power-hungry demands of artificial intelligence.

Space-based data centres that harness the power of the Sun are the only long-term solution, according to Musk.

The merger of SpaceX and xAI will bring several of Musk’s space, artificial intelligence, internet, and social media projects under one roof.

SpaceX operates the Falcon and Starship rocket programmes, while xAI is best known for developing the AI-powered Grok chatbot. Last year, xAI also acquired X, the social media platform known as Twitter, until it was bought by Musk in late 2022.