SpaceX Signs $6 Billion Data Center Lease Agreement with Reflection AI
Svmuu News: Reflection AI, a startup building a network of open-source AI models, has signed a data center cabinet lease agreement with SpaceX. The contract is valued at $6 billion, valuing Reflection AI at $25 billion. SpaceX has signed a contract with Reflection AI, following deals with Anthropic and Google. The contract runs from July 1 through the end of 2029 and is expected to generate $150 million in monthly revenue. Either party may terminate the contract with 90 days’ notice after the initial three-month period. Reflection AI, backed by Nvidia, stated that the additional computing resources will provide the foundation for building open-source models at scale. SpaceX also recently agreed to acquire the AI programming company Cursor in an all-stock deal valued at $60 billion.
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