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First reported by bsky
SpaceX signs $920M/month AI compute deal with Google ahead of IPO

SpaceX signs $920M/month AI compute deal with Google ahead of planned IPO

By

Lora Kolodny

2h ago· 3 min readenNews

Summary

SpaceX has signed a deal with Google to provide AI compute capacity for $920 million per month, using about 110,000 Nvidia GPUs and other hardware housed in SpaceX data centers. The agreement runs from October through June 2029, with capacity ramping up through September at a reduced fee. The deal was announced days before SpaceX's planned IPO.

Key quotes

· 3 pulled
SpaceX has inked a deal with Google that will bring in $920 million a month by providing AI compute capacity to the search giant.
Google will use about 110,000 Nvidia graphics processing units, as well as central processors, memory and other components housed in SpaceX's data centers.
The agreement spans from October of this year through June 2029 at the $920 million rate, and with 'capacity ramping up through September at a reduced fee.'
Snippet from the RSS feed
Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months.

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