trump bill tax trumps major july set high energy welfare

Elon Musk’s xAI raises $10B in debt and equity as it faces off against Sam Altman’s OpenAI

Elon Musk’s xAI raises $10B in debt and equity as it faces off against Sam Altman’s OpenAI

The sum consists of $5 billion through secured notes and term loans, and the other half comes from a strategic equity investment, according to Morgan Stanley.

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