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AI funding spree shows signs of strain: higher borrowing costs, SpaceX sell-off
Investor risk awareness grows around massive bond, share offerings
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Investor risk awareness grows around massive bond, share offerings
SpaceX's market capitalization ballooned to $3 trillion after its initial public offering, but its shares have since slumped. © Reuters
NEW YORK -- As big U.S. tech companies scramble for billions of dollars to fund their race for AI dominance, the bullish investors that had fed this appetite are beginning to seem less confident about the outlook.
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