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Nvidia stock rises, as Musk says SpaceX will exclusively use company's chips
['Wed', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
CEO Elon Musk told investors during the company's first-ever earnings call that going forward, SpaceX will build its AI services exclusively on Nvidia's systems.
SpaceX stock, meanwhile, fell more than 10% before rising off the lows.
We think it's the best AI computer, and we greatly value our close cooperation and partnership on many levels with Nvidia," Musk said.
According to Musk, SpaceX will begin launching Starmind satellites next year.
SpaceX' Al revenues climbed 213% quarter over quarter and 247% since the same period last year to $2.6 billion.