People familiar say SpaceX held acquisition talks with AI programming startup Cognition, exploring a potential deal that would be the company's second major purchase in months aimed at gaining an edge in the AI race. Talks are currently paused, but the firms continue to discuss cooperation, including potential arrangements for Cognition to use SpaceX's computing capacity. Cognition was valued at $26 bln in a May funding round and is in preliminary talks for a new raise with a valuation of at lea

People familiar say SpaceX held acquisition talks with AI programming startup Cognition, exploring a potential deal that would be the company's second major purchase in months aimed at gaining an edge in the AI race. Talks are currently paused, but the firms continue to discuss cooperation, including potential arrangements for Cognition to use SpaceX's computing capacity. Cognition was valued at $26 bln in a May funding round and is in preliminary talks for a new raise with a valuation of at least $40 bln.