First Reuters and Bloomberg last week, and now Bloomberg reports again early Monday that Elon Musk's SpaceX is in advanced talks to combine with his artificial intelligence firm xAI. The move appears to be a consolidation, positioning Musk's empire for the "data centers in space" theme as Starship approaches commercialization.
The financial media outlet says the potential SpaceX-xAI deal reporting is based on people familiar with the matter and has not been confirmed by Musk.
Here's more from the report:
The rocket and satellite maker and the artificial intelligence firm have informed some of their investors about the plans, the people said, asking not to be identified because the information is private. They could announce an agreement as soon as this week, some of the people said.
Deliberations are ongoing and talks could still drag on longer or fall apart, the people said.
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