The Deep View: Musk’s $5 billion AI bet marks shift from politics to tech

Musk’s $5 billion AI bet marks shift from politics to tech
Source: ChatGPT 4o
Elon Musk is turning back to his businesses with an ambitious new financing spree. The billionaire is raising a $5 billion debt package for his artificial intelligence startup xAI, led by Morgan Stanley as underwriter. The debt deal carries a double-digit interest rate and includes multiple tranches.
Here’s the breakdownEarly commitments have already topped $3.5 billion ahead of a June 17 deadline. In parallel, Musk is seeking about $650 million in fresh funding for Neuralink, his brain-computer interface venture.
The funds will bankroll xAI’s expansion of AI infrastructure, including a massive new data center in Memphis, Tennessee. Neuralink’s latest round comes as the company’s implant enters human trials in three countries, with five patients already implanted.
These moves come days after Musk’s exit from an official government role in Washington. Late last month, his 130-day term as head of the “Department of Government Efficiency” in Donald Trump’s administration expired, though he will continue as an unofficial adviser and Trump said “Elon is really not leaving” from his orbit.
Musk’s Washington stint had drawn backlash after he spent roughly $300 million backing TrumpTesla customers soured on the brand, and facing investor pressure amid sliding Tesla sales, Musk announced he would step away from politics and return to
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About michelleclarke2015

Life event that changes all: Horse riding accident in Zimbabwe in 1993, a fractured skull et al including bipolar anxiety, chronic fatigue …. co-morbidities (Nietzche 'He who has the reason why can deal with any how' details my health history from 1993 to date). 17th 2017 August operation for breast cancer (no indications just an appointment came from BreastCheck through the Post). Trinity College Dublin Business Economics and Social Studies (but no degree) 1997-2003; UCD 1997/1998 night classes) essays, projects, writings. Trinity Horizon Programme 1997/98 (Centre for Women Studies Trinity College Dublin/St. Patrick's Foundation (Professor McKeon) EU Horizon funded: research study of 15 women (I was one of this group and it became the cornerstone of my journey to now 2017) over 9 mth period diagnosed with depression and their reintegration into society, with special emphasis on work, arts, further education; Notes from time at Trinity Horizon Project 1997/98; Articles written for Irishhealth.com 2003/2004; St Patricks Foundation monthly lecture notes for a specific period in time; Selection of Poetry including poems written by people I know; Quotations 1998-2017; other writings mainly with theme of social justice under the heading Citizen Journalism Ireland. Letters written to friends about life in Zimbabwe; Family history including Michael Comyn KC, my grandfather, my grandmother's family, the O'Donnellan ffrench Blake-Forsters; Moral wrong: An acrimonious divorce but the real injustice was the Catholic Church granting an annulment – you can read it and make your own judgment, I have mine. Topics I have written about include annual Brain Awareness week, Mashonaland Irish Associataion in Zimbabwe, Suicide (a life sentence to those left behind); Nostalgia: Tara Hill, Co. Meath.
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