ERIC SCHMIDT APPARENTLY BOUGHT RELATIVITY SPACE TO PUT DATA CENTERS IN ORBIT

Summary from the TLDR newsletter

Eric Schmidt acquired Relativity Space to have the capability to launch a significant amount of computing infrastructure into space. Schmidt appeared before the House Committee on Energy and Commerce during a hearing in April and spoke about the need for more electricity to power data centers to facilitate the computing needs for AI development and applications. Space-based data centers would be powered by solar panels and be able to radiate heat into the vacuum of space. Relativity's Terran R will be capable of launching 33.5 metric tons to low-Earth orbit in expendable mode and 23.5 tons with a reusable first stage.