SpaceX Announces $74 Billion AI Data-Center Expansions In Texas, Arizona

Detailed summary
SpaceX on Thursday announced plans to invest $74 billion to build new AI data center facilities in Texas, Arizona. SPCX stock rises. The post SpaceX Announces $74 Billion AI…
SpaceX continues to ramp up its artificial intelligence ambitions with plans to expand its data-center footprint and eventually launch operations into space. Elon Musk's rocket company on Thursday announced a more than $74 billion effort to build data-center campuses and supercompute facilities in Arizona and Texas. SPCX stock climbed Thursday. Meanwhile, AI stocks broadly retreated after Nvidia (NVDA) CEO Jensen…
Opening of the article, excerpted from Investor's Business Daily. To read the rest, open the article on the publisher's site.
MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.investors.com)