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Elon Musk's xAI has completed a $5 billion debt raise alongside a separate $5 billion strategic equity investment, Morgan ...
Morgan Stanley's profit beat Wall Street estimates in the second quarter as its traders cashed in on volatile markets, but ...
Elon Musk's xAI is preparing to raise more money from investors in a deal that could value the artificial-intelligence ...
The potential valuation comes amidst talks involving Saudi Arabia's sovereign wealth fund, which holds an indirect stake ...
Morgan Stanley’s profit beat Wall Street estimates in the second quarter as its traders cashed in on volatile markets, ...
Institutional Securities, which houses the bank's Wall Street operations, posted revenue of $7.6 billion in the second ...
Equities trading revenue surged 23%, while it jumped 9% in fixed income, Morgan Stanley said on Wednesday, as the turbulence ...
The investment from SpaceX is part of xAI’s $5 billion equity fundraising effort, which was announced by Morgan Stanley last month.
Elon Musk's xAI may soon undergo a funding round valuing it at up to $200 billion, despite claims of sufficient capital.
Billionaire Elon Musk's xAI has completed a $5B debt raise along with a separate $5B strategic equity investment, according to Morgan Stanley (NYSE:MS). The $5B in debt consists of financing of ...
Reuters earlier reported that xAI was on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand.
Elon Musk's SpaceX has invested $2 billion in xAI. This move integrates AI deeper into Musk's ecosystem. xAI merged with X, ...