SpaceX says unproven AI space data centres may not be commercially viable
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SpaceX says unproven AI space data centres may not be commercially viable

The Hindu1d ago

SpaceX warned investors that its ambitions to build space-based artificial intelligence data centres, as well as human settlements on ⁠the moon and Mars, rely on unproven technologies and may not become commercially viable, according to a company filing. The business risks laid out in SpaceX's pre-IPO filing, which have not been previously reported, present a far more cautious assessment of the rocket maker's future than the vision laid out publicly by billionaire CEO Elon Musk in recent weeks, as the company gears up for what ⁠could be the largest initial public offering in history.

Risk factors in ⁠a prospectus are required by U.S. securities law and are designed to inform investors of potential pitfalls while also shielding companies from future legal liability.

Originally published by The Hindu

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