SpaceX and xAI commit $2.8B in gas turbines and 1.2 GW of power under the Ratepayer Protection Pledge, fully funding data center grid upgrades.

Elon Muks's xAI said it will buy $2.8 billion worth of natural gas turbines over the next three years, according to SpaceX's IPO filing.

The investment comes as Elon Musk’s AI unit faces complaints about the carbon-emitting units and looks to become a big player in cloud computing.