Praveen Neppalli Naga, Uber’s chief technology officer, revealed the plan in an interview at TechCrunch’s StrictlyVC event in San Francisco on Thursday night, describing it as a natural extension of a nascent program the company announced in late January called AV Labs.
The merger creates the world’s most valuable private company, and paves the way for Musk to try and prove out the usefulness of space-based data centers.
Two Stanford students announced Monday that they have raised $2 million for an accelerator program called Breakthrough Ventures, which seeks to fund the businesses of college students and recent graduates nationwide.