A major bet in Texas

SpaceX plans to build a $24 billion natural gas power plant and supercomputer facility in Texas. At the center of the investment is the company producing, on its own, the electricity required for AI workloads.

Why it matters

The biggest bottleneck for AI data centers is no longer chips but power. Companies taking on power generation directly stands out as a step toward reducing that dependency.

What remains unclear

The source does not specify the facility's capacity, when it would come online, or which hardware would be used. The stage of the plan was also not disclosed.