SShortSingh.
Back to feed

SpaceX Proposes $24B Texas AI Supercomputer, About 17 Times Its Bitcoin Holdings

0
·3 views

SpaceX has proposed a $24 billion project centered on an AI supercomputer in Texas. The facility would come with its own gas-fired power plant to supply its energy needs. The project's value is roughly 17 times that of the bitcoin SpaceX currently holds. The article frames the comparison as a way to show the scale of the proposed investment relative to the company's crypto assets.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
Crypto & Web3CoinDesk ·

Solana proposes retiring the durable nonces feature tied to the $270M Drift hack

Solana developers have put forward a draft proposal to eliminate the 'durable nonces' transaction feature, which was used in the $270 million Drift hack. Under the plan, the feature would be removed no earlier than May 5, 2027. The change would require custodians that sign transactions offline to redesign how they move their coins. The proposal reflects a response to the security exposure the feature created during the attack. It remains a draft and has not yet taken effect.

0
Crypto & Web3CoinDesk ·

Two rival Ethereum proposals aim to prevent Glamsterdam from breaking existing contracts

Two competing proposals have been put forward to address a risk tied to Ethereum's planned gas changes. The concern is that these changes could break smart contracts that already exist on the network. The proposals take different routes, one focusing on what contracts are able to observe and the other on what users are charged. The article provides few further details beyond this core framing of the competing approaches.

0
Crypto & Web3CoinDesk ·

Bitcoin dips then rebounds amid Nvidia cheating scandal and failed Iran talks

Bitcoin experienced sharp price swings that once again wiped out leveraged bullish bets worth millions of dollars. The volatility followed a drop before the price rebounded. Market sentiment was reportedly shaken by an Nvidia cheating scandal and the collapse of talks involving Iran. The article offers limited detail beyond these headline factors and the scale of the liquidations.