SpaceX seeks $40 billion for Nvidia chips as orbital AI race heats up

Crypto Insight Summary: SpaceX is trying to raise around $40 billion with the help of Apollo Global Management to acquire AI chips from Nvidia, as per Financial Times. The importance of this deal lies in the fact that these chips can be used to power SpaceXAI’s data centers on the planet, as well as its planned AI infrastructure... Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: SpaceX's AI chip deal is unrelated to crypto markets and has no direct impact on crypto assets.