Markets

Musk says SpaceX landed a $40 billion debt deal — and forecasts doom for some AI rivals

Summary

SpaceX has secured a massive debt financing agreement valued at the multi-billion level. Meanwhile, the aerospace company is also expanding a rapidly growing artificial intelligence business focused on renting out access to high-end microchips.

SpaceX is rapidly growing an AI business that rents out access to advanced chips.

Source: Read the full story at MarketWatch.com - Top Stories

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