Tag: Satellite Computing
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SpaceX Acquires Musk’s AI Firm xAI in Bid to Integrate Space and Artificial Intelligence
SpaceX has acquired xAI, the artificial intelligence firm founded by billionaire Elon Musk, as he moves to consolidate more of his technology businesses under a single structure. The transaction values SpaceX at around $1 trillion and xAI at about $250 billion, according to a source familiar with the deal. Financial terms were not disclosed. SpaceX…