Elon Musks xAI is raising $5 billion in debt, increasing the yield on its $3 billion bond offering from 12% to 12.5%. Its ...

The package now includes $3 billion of bonds with a 12.5% yield, a $1 billion fixed-rate term loan with a 12.5% interest rate ...

OpenAI CEO Sam Altman regrets underestimating Elon Musk's potential abuse of power to block OpenAI's $500B Stargate deal.

So, Broadcom is likely to remain a top AI stock over the long run as it is building up a solid customer base and is on its ...

The billionaire slated to take over the controlling interest in the Los Angeles Lakers has built a career leading businesses ...

Goldman Sachs warns Trump's spending plan won't slow debt, interest costs to top $1 trillion next year. Historic austerity ...

The announcement was made during an interview with the Financial Times at the Cannes Lions advertising festival.

This week, SpaceX’s Starship rocket exploded — again — during a ground test in Texas. That makes four failures in six months for the company’s most ambitious project, the one NASA is relying on to ...

X chief executive Linda Yaccarino has said that users will “soon” be able to make investments or trades on the social media ...

Citing the usual anonymous people familiar with the matter, Bloomberg writes that the $500 million that xAI will earn this ...

Nvidia has used its ballooning fortunes to invest in over 80 AI startups. Here are the giant semiconductor's largest ...