No Result
View All Result
  • Login
Tuesday, May 5, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Amazon AWS CEO Matt Garman pushes back against Elon Musk’s space data centers plan

by FeeOnlyNews.com
3 months ago
in Business
Reading Time: 2 mins read
A A
0
Amazon AWS CEO Matt Garman pushes back against Elon Musk’s space data centers plan
Share on FacebookShare on TwitterShare on LInkedIn



Amazon has more than 900 data centers spread across the planet. And if you ask Matt Garman, the CEO of Amazon Web Services, that is exactly where they’ll stay for the foreseeable future. 

Speaking at a tech conference in San Francisco on Tuesday, Garman threw some cold water on the notion of space-based data centers, which have been touted by Elon Musk and others as the future of AI. 

While putting AI data centers in space has obvious benefits, including the ability to harness energy directly from the sun and the ability to cool the heat-generating equipment in the cold atmosphere of space, Garman said there are also some big obstacles to putting data centers in space or on other planets. Chief among them is the cost of transporting equipment. 

“I don’t know if you’ve seen a rack of servers lately: They’re heavy,” Garman said in an interview at the Cisco AI Summit in answer to a question about the viability of space-based data centers. “And last I checked, humanity has yet to build a permanent structure in space. So … maybe.”

The comments come one day after Musk announced the merger of SpaceX, his rocket company, with his AI company, xAI, in a deal that reportedly values the combined companies at a staggering $1.25 billion. 

“The capabilities we unlock by making space-based data centers a reality will fund and enable self-growing bases on the Moon, an entire civilization on Mars, and ultimately expansion to the Universe,”  Musk wrote in a blog post Monday announcing the deal.

The modern data centers that power AI services, including chatbots like OpenAI’s ChatGPT and xAI’s Grok, are massive behemoths that can span millions of square feet and are packed with so much hardware that they have to be built on top of reinforced concrete slabs.

Musk’s SpaceX has a successful track record of launching thousands of its internet-beaming Starlink satellites into orbit on its Falcon rockets, and Musk has floated ambitious plans to use its Starship rocket to launch as many as 1 million satellites into space—an amount that’s far greater than the total number of objects launched into space in history. The blizzard of Starlink launches would lead to improvements in SpaceX’s rockets that will make space based data centers a reality, Musk wrote on Monday, though he did not provide a timeline for when he expected it to happen.

Amazon has plans to create a constellation of internet beaming satellites, dubbed Leo, to compete with SpaceX’s Starlink. The company has earmarked $10 billion for the project, according to CNBC, but progress has been slow, with Amazon recently asking the U.S. FCC to extend the timeline to launch 1,600 Leo satellites. 

Garman cited Musk’s 1-million-satellite plan during the Tuesday talk, and acknowledged that improvements in fuel and other aspects will make transportation into space less expensive. But for now, he stressed, the costs are a major bottleneck. 

This story was originally featured on Fortune.com



Source link

Tags: AmazonAWScentersCEOdataElonGarmanMattMusksplanpushesspace
ShareTweetShare
Previous Post

9 Reasons More Than Half of Americans Are Terrified of Their Emergency Savings

Next Post

Ukraine & Trump | Armstrong Economics

Related Posts

Google DeepMind workers in the U.K. vote to unionize over military AI contracts

Google DeepMind workers in the U.K. vote to unionize over military AI contracts

by FeeOnlyNews.com
May 5, 2026
0

Google’s UK-based DeepMind workers have launched a bid to form what would be the world’s first union at a frontier...

Israelis’ wealth grows 80% in six years

Israelis’ wealth grows 80% in six years

by FeeOnlyNews.com
May 5, 2026
0

Rising stock markets along with growth in pension and provident fund savings have generated unprecedented wealth for the Israeli...

Amcor in talks to offload waste management unit

Amcor in talks to offload waste management unit

by FeeOnlyNews.com
May 5, 2026
0

Packaging giant Amcor has initiated exclusive negotiations to offload its waste management unit, ESE World, to an affiliate of private...

Supermicro’s earnings call today takes place amid a probe that could be ‘fatal’ for the company

Supermicro’s earnings call today takes place amid a probe that could be ‘fatal’ for the company

by FeeOnlyNews.com
May 5, 2026
0

Don’t ignore the macro. Sure, stocks are doing well, Morgan Stanley’s Lisa Shalett says in a recent note. But don’t...

Energy, banks, EMS stand out as key bets in volatile market: Manish Sonthalia

Energy, banks, EMS stand out as key bets in volatile market: Manish Sonthalia

by FeeOnlyNews.com
May 5, 2026
0

Global crude oil prices, geopolitical uncertainty in West Asia, and earnings downgrade risks are currently driving market direction more than...

GameStop shares tank 10% as CEO skips fundraising question on  billion eBay deal

GameStop shares tank 10% as CEO skips fundraising question on $55 billion eBay deal

by FeeOnlyNews.com
May 5, 2026
0

Shares of GameStop dropped more than 10% to $23.84 on Monday after doubts surfaced over how the company plans to...

Next Post
Ukraine & Trump | Armstrong Economics

Ukraine & Trump | Armstrong Economics

China set to attend India’s upcoming AI summit signaling improving relations with New Delhi

China set to attend India's upcoming AI summit signaling improving relations with New Delhi

  • Trending
  • Comments
  • Latest
The 27 Largest US Funding Rounds of March 2024 – AlleyWatch

The 27 Largest US Funding Rounds of March 2024 – AlleyWatch

April 17, 2026
Wells Fargo Transfer Partners: What to Know

Wells Fargo Transfer Partners: What to Know

April 16, 2026
Week 14: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

Week 14: A Peek Into This Past Week + What I’m Reading, Listening to, and Watching!

April 6, 2026
The 16 Largest Global Startup Funding Rounds of March 2026 – AlleyWatch

The 16 Largest Global Startup Funding Rounds of March 2026 – AlleyWatch

April 21, 2026
The Justice Department Indicts the Ministry of Love

The Justice Department Indicts the Ministry of Love

May 2, 2026
LPL’s Mariner Advisor Network deal fuels already hot year for RIA M&A

LPL’s Mariner Advisor Network deal fuels already hot year for RIA M&A

April 16, 2026
Why Some Real Estate Investors Build Wealth Faster Than Others

Why Some Real Estate Investors Build Wealth Faster Than Others

0
Coinbase Cuts 14% of Staff as AI and Crypto Downturn Reshape Its Operating Model

Coinbase Cuts 14% of Staff as AI and Crypto Downturn Reshape Its Operating Model

0
Questions You’ll Likely Hear in an Interview — and How to Answer Them

Questions You’ll Likely Hear in an Interview — and How to Answer Them

0
The great Bengal disconnect for Nifty bulls: 3 massive worries that are overshadowing the BJP election win

The great Bengal disconnect for Nifty bulls: 3 massive worries that are overshadowing the BJP election win

0
Remembering the Costs of War

Remembering the Costs of War

0
Google DeepMind workers in the U.K. vote to unionize over military AI contracts

Google DeepMind workers in the U.K. vote to unionize over military AI contracts

0
Questions You’ll Likely Hear in an Interview — and How to Answer Them

Questions You’ll Likely Hear in an Interview — and How to Answer Them

May 5, 2026
Remembering the Costs of War

Remembering the Costs of War

May 5, 2026
Surgery Partners Narrows Slips to a Loss in Q1 2026, Beats Estimates

Surgery Partners Narrows Slips to a Loss in Q1 2026, Beats Estimates

May 5, 2026
Google DeepMind workers in the U.K. vote to unionize over military AI contracts

Google DeepMind workers in the U.K. vote to unionize over military AI contracts

May 5, 2026
Why Some Real Estate Investors Build Wealth Faster Than Others

Why Some Real Estate Investors Build Wealth Faster Than Others

May 5, 2026
Israelis’ wealth grows 80% in six years

Israelis’ wealth grows 80% in six years

May 5, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Questions You’ll Likely Hear in an Interview — and How to Answer Them
  • Remembering the Costs of War
  • Surgery Partners Narrows Slips to a Loss in Q1 2026, Beats Estimates
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.