Elon Musk's SpaceX To Earn $920 Million A Month From Google Under New Compute Deal

In a statement, Google said the agreement was driven by unexpectedly strong demand for its AI services. “Google Cloud and SpaceX are long-time partners,” the company said. It added, “This is a short-term, timely agreement to ensure we have bridge capacity to meet surging customer demand for our agent platform, Gemini Enterprise, which has been even higher than we expected.” The search giant also confirmed that it will retain ownership of its AI models, data and intellectual property under the arrangement.

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