Musk’s xAI Expands Fundraise to $20 Billion

Musk’s xAI Expands Fundraise to $20 Billion

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Anthropic Preps for Blockbuster Public Listing

Bloomberg’s Ed Ludlow takes a look at Anthropic as the AI company expects to match or top the size of SpaceX’s record-setting IPO. Plus, sources say Broadcom is in talks to raise more than $60 billion in debt to help Anthropic and others secure chips and computing power, and all ...  Show more

Alibaba's AI Spending Spree, Concerns of Circular AI Financing

Bloomberg’s Ed Ludlow breaks down the plunge in Alibaba's profit after the company increased its quarterly capex to almost $10 billion for AI. Plus, a look at how Meta has quietly become one of Microsoft's largest AI customers, and at defense tech startup Castelion's plans to boo ...  Show more

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