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Morgan Stanley is pleased to announce the successful completion of a $5 billion financing of Secured Notes and Term Loans for a leading innovator in artificial intelligence technology. This transaction, which was oversubscribed and included prominent global debt investors,
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Morgan Stanley is pleased to announce the successful completion of a $5 billion financing of Secured Notes and Term Loans for @xAI, a leading innovator in artificial intelligence technology. This transaction, which was oversubscribed and included prominent global debt investors, reflects confidence in xAI’s vision to accelerate scientific discovery and advance humanity's collective understanding of the universe. In parallel, the company separately obtained a $5 billion strategic equity investment. The combination of debt and equity reduces the overall cost of capital and substantially expands pools of capital available to xAI. The proceeds will support xAI’s continued development of cutting-edge AI solutions, including one of the world's largest data center and its flagship Grok platform. Morgan Stanley is proud to partner with xAI in this milestone transaction, which underscores our commitment to support pioneering companies shaping the future of technology.
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Reporter: Is Trump right when he says China and Russia are a threat in the Arctic?
Carney: Oh, yeah, Russia is definitely a threat. We have to work together to stop Russia. Russia is bad. Russia isn't good.
I'm not saying Carney is compromised and that Canada is a vassal of the
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