Google Cloud Secures SpaceX Satellite Deal as U.S. Explores Public AI Stakes
Google Cloud will provide infrastructure to SpaceX’s satellite network under a new partnership that expands Google’s enterprise client base. The U.S. administration is considering public equity stakes in leading AI firms, including Google, and plans a meeting with sector executives next week.
1. Google Cloud Signs SpaceX Deal
Google Cloud has entered a partnership to supply infrastructure services for SpaceX’s satellite network operations, marking an expansion of its cloud portfolio into aerospace. The deal underscores Google’s push to broaden its enterprise customer base beyond traditional sectors and compete more aggressively with other hyperscalers.
2. Government Explores Public AI Stakes
President Trump’s administration is evaluating proposals to allow the U.S. public to acquire equity stakes in major AI companies, including Google, and plans to convene a meeting with industry executives next week. This initiative signals potential government involvement in AI company capitalization, which could influence market perceptions of tech sector governance and investment dynamics.
