SpaceX invests more than $74 billion in artificial intelligence.
The company plans to invest more than $74 billion in its Starbase facility in Texas and its supercomputer campus in Arizona.
SpaceX plans to expand into artificial intelligence alongside its rocket and satellite operations. The company intends to invest more than $74 billion in its Starbase facility in Texas and a supercomputer campus in Arizona.
More than $24 billion of the investment will go toward the Starbase facility in Texas, while approximately $50 billion will be allocated to the Arizona campus. The Arizona project is expected to create 5,500 jobs during construction and 1,000 permanent jobs once operational.
SpaceX says the project could reduce local electricity costs by up to 20%. However, the project has faced opposition through a petition signed by 2,400 people. A public hearing on the matter is scheduled to take place in December.
The Starbase facility in Texas, meanwhile, will generate its own electricity. Plans include building a natural gas-powered power plant and a supercomputer center. The project is expected to provide jobs for more than 3,000 construction workers and support over 500 permanent positions in the future.