Banks sell down more X debt; just $1.3 billion now left on their books
By Shankar Ramakrishnan (Reuters) -Banks led by Morgan Stanley have sold to investors another chunky portion of loans that formed…
February 14, 2025
Meta plans investments into AI-driven humanoid robots, memo shows
By Katie Paul and Harshita Mary Varghese (Reuters) -Meta Platforms is establishing a new division within its Reality Labs unit…
Dell nears deal to sell $5 billion in AI servers to xAI, Bloomberg News reports
(Reuters) -Dell Technologies is nearing a deal worth more than $5 billion to provide Elon Musk’s xAI with servers optimized…
Musk’s xAI in talks to raise $10 billion at $75 billion valuation, Bloomberg News reports
(Reuters) -Elon Musk’s xAI is discussing to raise $10 billion that could value the artificial intelligence startup at about $75…