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Investors Feed A.I. Firms’ Voracious Appetite for New Money

In the race to dominate the artificial intelligence industry, companies like SpaceX and Alphabet are borrowing cash and raising equity from investors at the fastest pace in decades.

© Joe Raedle/Getty Images

The amount of cash needed for A.I. development is thought to be so enormous that already cash-rich companies are looking for more money.
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SpaceX’s IPO Could Turn 4,400 Employees Into Millionaires

While Elon Musk may soon become a trillionaire, his rocket company’s market debut is set to the change the lives of its current and former employees, too.

© Chelsea Beck

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