UPDATE 1-SpaceX signs cloud deal with Google

NVIDIA Corporation
Alphabet Inc. Class A
SpaceX

NVIDIA Corporation

NVDA

0.00

Alphabet Inc. Class A

GOOGL

0.00

SpaceX

SPCX

0.00

Adds details in paragraphs 2-3

June 5 (Reuters) - SpaceX said on Friday it has entered into a multi-year cloud service agreement with Alphabet's GOOGL.O Google for access to compute capacity.

As part of the deal, Google will pay SpaceX $920 million per month from October this year to June 2029, with capacity ramping up through September at a reduced fee, Elon Musk's space venture said in a U.S. SEC filing.

The compute capacity provided includes about 110,000 Nvidia NVDA.O GPUS, CPUS, memory and other related components.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.