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

Published by Investor's Business Daily · United States 1 h ago
SpaceX Announces $74 Billion AI Data-Center Expansions In Texas, Arizona
Investor's Business Daily

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…

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