AI cloud computing companies face ‘guppy-level death’, Elon Musk warns, as funding dries up – business live

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Guardian Business

AI cloud computing companies face ‘guppy-level death’, Elon Musk warns, as funding dries up – business live

Rolling coverage of the latest economic and financial news Bloomberg, intriguingly, are questioning Elon Musk’s claim that SpaceX has closed a $40bn debt deal to fund more chip purchases. They’ve heard that talks over the pricing of this deal are still ongoing, and report: As of late Sunday in New York, those conversations remained ongoing and the deal hadn’t priced, people with knowledge of the discussions said. The…