SpaceX plans Texas data center expansion to boost AI computing capacity beyond Memphis hub

SpaceX plans Texas data center expansion, The Information reports

July 22 (Reuters) - SpaceX (SPCX.O), opens new tab is preparing for at least one new large-scale data center in Texas, The Information reported on Wednesday, citing people familiar with the matter. The expansion would significantly increase the company's AI computing capacity beyond its existing Memphis-area hub, where it operates two data centers with about ⁠1 gigawatt of compute capacity. Here are some details: Reporting by Anzar Mehraj in Bengaluru; Editing by Tasim Zahid Our Standards: The Thomson Reuters Trust Principles., opens new tab

SpaceX Explores 1-Gigawatt Texas Data Center to Expand AI Computing - SpaceX (NASDAQ:SPCX)

SpaceX is drawing investor attention as it expands AI computing ambitions, prepares for a major share unlock, and works through key launch delays. SpaceXAI Aims to Expand Computing Power SpaceX is also building an 11 million-square-foot "Gigasat" facility in Bastrop, Texas, to manufacture orbiting AI data centers. The project aims to use solar-powered space-based compute to reduce reliance on terrestrial power capacity. Share Unlock Looms SpaceX stock gained 3% Tuesday, ending a seven-day losing streak, after the company set Aug. 4 for its first earnings report following its record IPO. Launches And AI Deals Stay In Focus SpaceX plans to launch a Falcon 9 rocket carrying 24 Starlink satellites after scrubbing the mission Monday, as per the report. The company also plans to launch Starship on Thursday after an engine ignition issue forced a prior abort. SPCX Stock Price Activity: SpaceX shares are trading down 0.39% at $123.06 at the time of publication on Wednesday, according to Benzinga Pro data. Image via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

SpaceXAI Hunts Multiple Texas Sites for Ground-Up Data Centers, Doubling Down on AI After xAI Absorption

SpaceX is preparing to build a large-scale data center to diversify its computing capacity, says a report from The Information. As part of its IPO, the launch services provider marketed itself as a data center company with the capability to build computational facilities in space. The firm has also shared plans for its 'AI satellite' called the AI1. The spacecraft is capable of delivering 150 kilowatts in peak compute payload, and it will be manufactured at the recently announced Gigasat facility in Texas. SpaceX Reportedly Looking To Expand Terrestrial Compute As It Prepares For Space-Based AI Computing Infrastructure While SpaceX initially focused on rockets and satellite internet, the firm's purchase of Elon Musk's artificial intelligence startup xAI in February meant that it was now a key operator in the AI software industry. SpaceXAI, as the new entity is now called, operates its Colossus data centers in Tennessee and has access to hundreds of thousands of NVIDIA's latest AI GPUs. T he firm has also entered into agreements with Anthropic, Google and Reflection AI to provide them with computing capacity. The agreement with Google lets the firm earn $920 million a month to provide access to 110,000 through 2029, while the deal with Anthropic allows the lab to access the entire Colossus 1 facility. Now, a report from The Information suggests that SpaceXAI is interested in expanding its data center capacity. According to the details, the firm intends to build another data center facility in Texas, where SpaceX is headquartered. As part of these efforts, the artificial intelligence company has explored several sites and is considering building multiple sites from the ground up. Through these activities, SpaceXAI aims to build facilities that match or exceed the scale of its presence in Tennessee. The latest reports come as SpaceX has struggled on the stock market after its initial public offering earlier this year. One of the firm's biggest supporters, investment bank Morgan Stanley, argued in a fresh report that its compute cost in orbit can sit at $6.5 per Watt in 2031 and be lower than the $6.8 per Watt of terrestrial data centers based on NVIDIA's Blackwell AI chips. As it continues to test the Starship Super Heavy lift rocket, SpaceX has big plans for data centers in space. The firm has requested the Federal Communications Commission (FCC) to allow it to launch one million satellites with orbital computing capacity in order to harness the Sun's power and cater to AI's intensive computational needs. Follow Wccftech on Google to get more of our news coverage in your feeds.