Elon Musk’s xAI nears $9.3bn equity and debt deal
Investors undeterred by unravelling of billionaire’s relationship with Trump
Investors undeterred by unravelling of billionaire’s relationship with Trump

Bank was close to lining up $5bn for artificial intelligence group when US president and billionaire attacked each other

Announcement comes as scrutiny of chatbot mounts after it created sexualised images of minors

Tech billionaire’s move deepens feud with former ally Sam Altman

Rocket company boosts valuation to $1tn and pays $250bn to acquire AI start-up as Musk envisions data centres in space

Tesla billionaire made offer for ChatGPT maker in February

Start-up’s CEO takes the stand in legal battle with billionaire