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Elon Musk confirms $40 billion SpaceX debt deal for AI chips, warns of neocloud shakeout

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TLDR — SpaceX has raised $40 billion in debt to buy GPUs, while Musk predicts a major shakeout among smaller AI cloud providers.

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SpaceX has raised $40 billion in debt to buy GPUs, while Musk predicts a major shakeout among smaller AI cloud providers.

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