Jaden Schaefer
π€ SpeakerAppearances Over Time
Podcast Appearances
He said, current advances in AI depend on large data centers on earth, which need enormous amounts of power and cooling.
Global electricity demand for AI cannot be met on Earth alone without putting pressure on communities and the environment.
And that's basically his argument, which of course is a little bit complicated.
Right now we know that XAI has been accused of straining local infrastructure at their data center in Memphis, Tennessee.
I mean, this is probably where he's getting a lot of this from.
I think he's gotten a lot of flack for that.
And so I think he's like, look, if we're going to scale this up, how do we get it so it's not directly impacting communities?
But this is, you know, absolutely massive merger, bringing some really huge companies together.
XAI right now is burning about a billion dollars a month, according to Bloomberg.
So 12 billion a year.
SpaceX, on the other hand, earns about 80% of their revenue from launching their own Starlink satellite.
So it's not just, I think a lot of people think like, you know, SpaceX is making their money from just government contracts or putting satellites up for other companies.
80% of the revenue is just from their own product, which is Starlink.
and basically global internet.
And if you look at a report from routers that came out last year, XAI, when they were acquired X, apparently in that deal, Musk said that the combined value was about $113 billion.
And since then, with this merger, they valued XAI at about 250 billion.
So since that merger, the company has gone up over $100 billion.
Elon said that this kind of space-based data centers are going to have, you know, they're going to need a lot of satellites.
It's basically getting to like a steady flow of satellites.
He didn't say how many.