Jeff Bezos, Elon Musk race to build AI data | Business

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Jeff Bezos, Elon Musk race to build AI data – Business News

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Jeff Bezos’ aerospace firm Blue Origin has been working for over a 12 months on the required technology for artificial intelligence data facilities in space, the Wall Street Journal reported Wednesday, citing a particular person aware of the matter.

Meanwhile, Musk’s SpaceX plans to use an upgraded model of its Starlink satellites to host AI computing payloads, pitching the technology as half of a share sale that might worth the company at $800 billion, the report mentioned, citing people concerned within the discussions.

SpaceX and Blue Origin didn’t instantly reply to requests for remark.

Jeff Bezos’ aerospace firm Blue Origin has been working for over a 12 months on the required technology for artificial intelligence data facilities in space, in accordance to a report. Getty Images

Reuters couldn’t instantly confirm the report independently.

The idea of orbital data facilities has gained traction amongst tech giants as these on Earth have pushed up demand for electrical energy and water to cool their servers.

Amazon founder Bezos in October predicted that gigawatt-scale data facilities can be inbuilt space within the following 10 to 20 years and that repeatedly out there photo voltaic power meant they might ultimately outperform these primarily based on Earth.

“We will be able to beat the cost of terrestrial data centers in space in the next couple of decades,” Bezos mentioned on the time. “These giant training clusters … will be better built in space, because we have solar power there, 24/7. There are no clouds and no rain, no weather.”

A SpaceX Falcon 9 rocket carrying 29 Starlink satellites lifts off from Space Launch Complex-40 at Cape Canaveral earlier this month. Jennifer Briggs/Zuma / SplashNews.com

Last week, Elon Musk had dismissed media experiences that SpaceX was raising funds at an $800 billion valuation, calling them inaccurate. AFP by way of Getty Images

Last week, Musk had dismissed media experiences that SpaceX was raising funds at an $800 billion valuation, calling them inaccurate.

SpaceX is wanting to raise more than $25 billion via an initial public offering in 2026, a transfer that might enhance the rocket-maker’s valuation to over $1 trillion, Reuters reported on Tuesday.

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