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Musk-Trump Spat Threatens to Derail $5 Billion xAI Debt Sale
The blow-up between Elon Musk and Donald Trump could derail a $5 billion debt sale that Morgan Stanley launched earlier this week for Musk’s artificial-intelligence company, xAI. The funds are meant to help the company build out data centers.
Elon Musk’s xAI launches $5B debt sale to fuel AI infrastructure investments
XAI Corp., the artificial intelligence startup founded by Elon Musk, is arranging a $5 billion debt sale that will help the company to keep up its lavish spending on data center infrastructure as it strives to keep pace with rivals such as OpenAI and Google LLC.
The Commercial Appeal has put together a little cheat sheet of sorts to help readers understand commonly used phrases ...
The firm is investing in a loan that is part of a debt offering for xAI, which Morgan Stanley started pre-marketing in recent ...
Elon Musk is selling $5 billion in debt for his artificial intelligence startup, xAI Corp., the latest in a series of ...
In an interview with Sen. Ted Cruz (R-TX) in March, Musk said that within 10 years, “AI could probably do anything better ...
Republicans on the House Oversight Committee swiftly shot down the effort led by U.S. Rep. Stephen Lynch, D-8th District.
Telegram CEO Pavel Durov announced a $300 million partnership with Elon Musk’s xAI to bring Grok to the messaging app.
Republicans on the House Oversight and Government Reform Committee shot down an attempt by the panel’s Democrats to subpoena ...
The New Republic on MSN19hOpinion
Republicans Rush to Suck Up to Elon Musk After New Budget Bill ThreatIn May, the United States and China reached a preliminary trade deal—as Trump lowered his 145 percent tariffs to 30 percent, ...
Elon Musk is raising $5 billion in debt for xAI Corp. to fund AI infrastructure, with Morgan Stanley managing the debt sale.
Chaos erupted at a House Oversight Committee hearing after Rep. Stephen Lynch (D-MA) called for former DOGE administrator ...
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