Elon Musk Says SpaceX Secured $40 Billion for AI Chips as Neocloud Risks Grow

Elon Musk says SpaceX has secured $40 billion in debt financing for artificial intelligence infrastructure, highlighting the enormous capital requirements of the AI computing race. The announcement came alongside a warning that specialized cloud providers could face widespread consolidation as lenders become more selective about financing companies whose revenue depends heavily on AI data centers. […]