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Musk's xAI to raise up to $12 billion in debt for AI expansion, WSJ reports

Elon Musk's artificial intelligence startup xAI is working with a financier to secure up to $12 billion more for its ...

Musk Allies to Raise Up to $12 Billion for xAI Chips as Startup Burns Through Cash

XAI is tapping into the booming private-credit market to find the cash it needs to build massive data centers.
The Manila Times on MSN7d

Musk’s xAI to raise up to $12B for AI expansion

ELON Musk’s artificial intelligence (AI) startup xAI is working with a financier to secure up to $12 billion more for its ...

White House to unveil plan to push US AI abroad, crack down on restrictive rules, document shows

Despite the focus on expansion, the plan does mention the importance of "defending against misuse and preparing for future AI ...

10 AI Stocks Everyone Is Watching Closely

Walmart Inc. (NYSE: WMT) is one of the 10 AI Stocks Everyone Is Watching Closely. On July 28, Morgan Stanley reiterated the ...

Prediction: This Artificial Intelligence (AI) Stock Will Outperform Nvidia by 2030

Nvidia stock has been at the center of the artificial intelligence (AI) revolution for three years, but another chip stock ...

How China Is Girding for an AI Battle With the U.S.

As Washington tries to limit its progress, Beijing is spending more to build an artificial-intelligence ecosystem that ...
NBC Los Angeles24d

Nvidia challenger Groq expands with first European data center

Artificial intelligence semiconductor startup Groq on Monday announced it has established its first data center in Europe as it steps up its international expansion. Stream Los Angeles News for ...