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The US AI data center boom is consuming capital, power, and people that the rest of the economy needs, and is crowding out Trump's manufacturing revival plans (Bloomberg)

Bloomberg : The US AI data center boom is consuming capital, power, and people that the rest of the economy needs, and is crowding out Tr...

1 July 2025

Morgan Stanley says xAI raised $5B of equity in addition to $5B in debt; the company raised $6B in December from a16z and others (Miles Kruppa/The Information)

Miles Kruppa / The Information:
Morgan Stanley says xAI raised $5B of equity in addition to $5B in debt; the company raised $6B in December from a16z and others  —  Elon Musk's xAI raised $5 billion of equity in addition to $5 billion in debt, according to Morgan Stanley, which advised on the debt transactions.

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