Categories: Tech & Auto

Musk says SpaceX raised $40 billion in debt deal, predicts neocloud shakeout

Oct 25 (Reuters) – Elon Musk said on Sunday that SpaceX had closed $40 billion in debt financing for graphics processing units, underscoring the soaring cost of building AI computing capacity.  Musk,

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

INDIA BONDS-India bonds to come under selling pressure at start of new week as oil spike continues

By Dharamraj Dhutia MUMBAI, Oct 26 (Reuters) - Indian government bonds could open another week…

46 seconds ago

Currency markets subdued ahead of pivotal central bank week

By Jiaxing Li HONG KONG, Oct 26 (Reuters) - Major currencies traded in tight ranges…

2 minutes ago

Japan companies compensate users as cyberattacks buffet economy

TOKYO, Oct 26 (Reuters) - Japanese companies are moving to pay compensation to users following…

3 minutes ago

Anthony Edwards, Timberwolves cruise past Raptors

Anthony Edwards scored 26 points on 10-for-18 shooting, and the Minnesota Timberwolves pulled away for…

7 minutes ago

Boca nets late goal and holds on to defeat Independiente 1-0

VIDEO SHOWS: HIGHLIGHTS FROM BOCA JUNIORS V INDEPENDIENTE IN ARGENTINE PRO LEAGUE MATCH (COMPLETE SCRIPT…

9 minutes ago

BRIEF-Bumi Resources Acquires Mount Margaret Mining For USD22.01 Million

Oct 26 (Reuters) - Bumi Resources Tbk PT: * ACQUIRES MOUNT MARGARET MINING FOR USD…

12 minutes ago