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Jon Keegan

Un gigawatt, s’il vous plaît

In the race to build ever-larger super-mega-jumbo AI data centers, one thing can set you apart from the pack: cheap, plentiful energy.

France produces a surplus of electricity from its 57 nuclear reactors in 18 power plants, so its a prime spot for the power-hungry data centers.

The Wall Street Journal is reporting that French President Emmanuel Macron is pledging a gigawatt of its nuclear power as part of a $113 billion play at making the country the center for European AI computing.

The report said AI company FluidStack is planning on buying 120,000 Nvidia GPUs to power the first phase of the project, which would rival the scale of the recently announced US-based Project Stargate.

The Wall Street Journal is reporting that French President Emmanuel Macron is pledging a gigawatt of its nuclear power as part of a $113 billion play at making the country the center for European AI computing.

The report said AI company FluidStack is planning on buying 120,000 Nvidia GPUs to power the first phase of the project, which would rival the scale of the recently announced US-based Project Stargate.

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Bloomberg says SpaceX is actually considering a merger with Tesla or xAI

Bloomberg is reporting that Elon Musk’s SpaceX is considering merging with Musk’s Tesla. Earlier today Reuters had reported that SpaceX was thinking of potentially merging with xAI ahead of SpaceX’s IPO this year.

This story is developing.

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WSJ: Amazon considering $50 billion investment in OpenAI

What a difference half a day makes. Earlier today, The Information reported that Amazon was considering investing roughly $10 billion to $20 billion in OpenAI as part of a $60 billion fundraising round alongside Nvidia and Microsoft. Now The Wall Street Journal is reporting the e-commerce giant could invest up to $50 billion in the ChatGPT maker as part of a larger, $100 billion funding round. The Financial Times also earlier reported today a $100 billion funding round but with smaller amounts from Nvidia, Microsoft, and Amazon.

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Elon Musk’s SpaceX reportedly in talks to merge with xAI

Tesla CEO Elon Musk is reportedly exploring a merger between SpaceX and his artificial intelligence startup, xAI, a move that would bundle rockets, satellites, the social media site X, and AI under one company ahead of SpaceX’s long-anticipated IPO.

According to Reuters reporting, the deal would swap xAI shares for SpaceX stock, potentially valuing the combined operation north of $1 trillion.

Reuters reports:

Two entities have been set up in Nevada to facilitate the transaction, the person said.

Reuters could not determine the value of the deal, its ‌primary rationale, or its potential timing.

Corporate filings in Nevada show that those entities were set up on January 21. One of them, a limited liability company, lists SpaceX ​and Bret Johnsen, the companys chief financial officer, as managing members, while the other lists Johnsen as the companys only officer, the filings show.

The combined companies could also set the narrative groundwork for putting data centers in space — an idea that Musk and a number of other tech billionaires have been floating lately but that may not get off the ground.

In its earnings filings yesterday, Tesla disclosed that it recently made a $2 billion investment in xAI. Last year, Musk’s xAI bought Musk’s X in an all-stock deal.

Reuters reports:

Two entities have been set up in Nevada to facilitate the transaction, the person said.

Reuters could not determine the value of the deal, its ‌primary rationale, or its potential timing.

Corporate filings in Nevada show that those entities were set up on January 21. One of them, a limited liability company, lists SpaceX ​and Bret Johnsen, the companys chief financial officer, as managing members, while the other lists Johnsen as the companys only officer, the filings show.

The combined companies could also set the narrative groundwork for putting data centers in space — an idea that Musk and a number of other tech billionaires have been floating lately but that may not get off the ground.

In its earnings filings yesterday, Tesla disclosed that it recently made a $2 billion investment in xAI. Last year, Musk’s xAI bought Musk’s X in an all-stock deal.

Microsoft CEO Satya Nadella

Translating Microsoft CEO Satya Nadella

Translating Nadella’s jargon to understand his strategy for meeting intense demand for AI computing.

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