Meta and SpaceX prepare to attract over 100 billion dollars to invest in AI

Meta and SpaceX are preparing to raise over $100 billion for AI investments. Meta plans to issue shares to raise $95 billion, marking a record investment round. This funding aims to enhance AI infrastructure, including data centers. SpaceX intends to expand its AI operations with a $40 billion deal involving semiconductor chips and server hardware, financed through debt. Both companies are focused on accelerating language model development.