Tech billionaire Elon Musk said on Monday he merged his space company SpaceX with artificial intelligence (AI) developer xAI. The combined companies plan to build data centres in space, Musk said in a blog post,

Elon Musk’s rocket company SpaceX acquired his artificial intelligence firm xAI on Monday, according to reports. The deal gave the companies a whopping combined valuation of $1.25 trillion, according to Bloomberg.

The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.

The deal would unite SpaceX’s reusable rockets, Starlink internet satellites, the X platform and the AI chatbot Grok

Elon Musk is exploring a major consolidation of his ventures, potentially merging SpaceX with either his AI startup xAI or electric car giant Tesla. This move, ahead of SpaceX's planned $1.5 trillion IPO,

The proposed merger could boost Musk’s push into space-based AI and strengthen SpaceX’s defence credentials, analysts say. SpaceX is valued near $800 billion, while xAI was last valued at $230 billion,

Elon Musk is reportedly considering merging SpaceX with his AI firm xAI (and potentially even Tesla) ahead of a planned SpaceX IPO.

In the age of rapid tech advancements, artificial intelligence is not confined to the terrestrial landscape. In futuristic vision, AI is set to make inroads in space in the form of data centers.

By Laurie Chen BEIJING, Jan 29 (Reuters) - China plans to launch space‑based artificial intelligence data centres over the next five years, state media reported on Thursday, a challenge to Elon Musk’s plan to deploy SpaceX data centres to the heavens.

SpaceX is requesting permission to launch as many as 1 million satellites into the Earth's orbit in order to pull off Elon Musk's latest grand vision of putting data centers in space to do complex computing for artificial intelligence.