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Nvidia discloses $21B stake in SpaceX

Nvidia has committed more than $100 billion to AI companies in the past two years, with sizeable investments in cloud computing start-ups such as CoreWeave and AI labs including Thinking Machines and Safe Superintelligence. It has also invested in Cursor, the code-editing start-up that SpaceX acquired for $60 billion this week. This week, Nvidia disclosed plans to put together more than $500 billion from a consortium of investors, including Apollo Global, Blackstone, BlackRock, Brookfield Asset ...

Read more at ft.com

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