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SpaceX wants to borrow $40 billion just to buy Nvidia chips, one of the largest debt packages ever for a single chip order.
DX Today AI Daily Brief - Wednesday, October 7, 2026
SpaceX is seeking about $40 billion in debt led by Apollo to buy Nvidia chips, while France's Mistral unveils Mistral Large 4, a one trillion parameter model nicknamed Le Chonk. Nvidia backed Lambda raises up to $4 billion ahead of a planned 2027 IPO, DeepSeek lines up at least $12 billion with Tencent and CATL, and Moonshot AI closes its final private round near a $50 billion valuation as it eyes Hong Kong. Marvell sets a fiscal 2031 revenue target of $70 to $90 billion, Google cuts image prices with Nano Banana 2.1, and Atlassian brings OpenAI's GPT 6 models across its platform. SAP agrees to buy workforce intelligence firm TechWolf, HubSpot cuts about 660 jobs in an AI focused restructuring, AMD's Lisa Su partners with 14 South Korean AI companies in Seoul, and Vinci raises $250 million for AI physics simulation of chips.
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