Elon Musk’s SpaceX is in talks with banks and investors to raise $40 billion to buy chips from Nvidia Corp., people familiar with the matter said, in what would be among the biggest-ever debt financings for the AI buildout. joins to discuss this and the latest from Apple. (Source: Bloomberg)
The chorus of billionaire investors opining about an artificial-intelligence bubble is expanding, and Michael Novogratz, for one, says the speculative frenzy in technology stocks will keep growing.
Bond investors backing David Ellison’s audacious $110 billion takeover of Warner Bros. Discovery Inc. are making a bold bet of their own — lending tens of billions of dollars while forgoing many of the legal safeguards typical in debt-laden buyouts.
Eleanor Duncan, Reshmi Basu and Katherine Schwartz
Polygon said businesses can also move the world’s largest stablecoin USDT between TRON and EVM networks without connecting to a wallet provider, bridge or fiat-ramp operator.