$1 trillion flip-flop? SpaceX says orbital data center may never be profitable

$1 trillion flip-flop? SpaceX says orbital data center may never be profitable

Elon Musk has been predicting a new era of AI for more than a year. SpaceX’s CEO said it would be “easy” to build an AI data center in space and that it would become the cheapest place to deploy AI within two to three years. However, the company’s pre-IPO filing shows a much more … Read more

China supports startup of orbital data center with $8.4 billion loan facility

China supports startup of orbital data center with $8.4 billion loan facility

HELSINKI — A Beijing-based space startup has secured early-stage funding and extensive credit support as part of China’s broader push for space-based computing infrastructure. Beijing Orbital Twilight Technology Co., Ltd., also known as Orbital Chenguang, announced the completion of its Pre-A1 funding round on April 20th. Venture and industrial investors including Haisong Capital, CITIC Construction … Read more