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00:02SpaceX signed a $920 million per month compute deal with Google, according to CNBC.
00:09Under the deal, Google will use about 110,000 NVIDIA GPUs housed in SpaceX data centers.
00:16The agreement runs from October through June 2029, with capacity ramping up through September at a
00:21reduced fee. Google said the deal was made to bridge surging customer demand for its Gemini
00:26Enterprise platform. The announcement comes days before SpaceX's planned IPO, targeting a valuation
00:33of over $1.75 trillion. Anthropic announced a deal last month to use the full compute capacity at
00:40SpaceX's Colossus One data center in Memphis, Tennessee. Google's 2015 investment in SpaceX,
00:47made when the company was valued at $12 billion, has grown massively as SpaceX now targets a valuation
00:52of over $1.75 trillion at its upcoming IPO. For all things money, visit Benzinga.com.
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