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Elon Musk’s artificial intelligence startup xAI Corp. lured enough investors to its $5 billion debt deal by offering sweeter ...
NEW YORK (Reuters) -Elon Musk's xAi is increasing the yield it is offering on a $5 billion debt raise led by Morgan Stanley, ...
A spokesperson for Morgan Stanley, the bank in charge of xAI’s debt sale, declined to comment. Mayer Brown, GWG's law firm, ...
The average yield-to-maturity on high-yield bonds closed Monday at 7.6%, according to the ICE BofA High Yield Index. Musk's ...
The average yield-to-maturity on high-yield bonds ended at 7.6%. Musk’s AI company has to pay quite a bit higher because xAI ...
Morgan Stanley is seeking investors for a $5 billion debt sale for Elon Musk's xAI Corp., which is currently facing ...
Elon Musk’s artificial intelligence firm xAI is reportedly in talks to raise $4.3 billion in a new equity investment round.
Citing the usual anonymous people familiar with the matter, Bloomberg writes that the $500 million that xAI will earn this ...
Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of the ...
The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...
NEW YORK] Elon Musk’s xAi extended the deadline and increased the yield it is paying on a US$5 billion debt sale following lukewarm reception from investors, a source with direct knowledge of the ...
Elon Musk has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the ...