Elon Musk’s xAI is expanding its fundraising to $20 billion, with Nvidia investing up to $2 billion in equity and supplying GPUs for its new Colossus 2 data centre. The deal, structured through an SPV that leases chips back to xAI, combines equity and GPU-backed debt led by Apollo, Valor, and Diameter.

ForexLive

08.10.2025

Big session coming up from the Fed - FOMC minutes, Barr, Kashkari, Musalem, Goolsbee speak | investingLive

Federal Reserve

ForexLive

08.10.2025

investingLive Asia-Pacific FX news wrap: Gold up, yen down, RBNZ cut. Same old. | investingLive

Financial market news for Asian trading on Wednesday, October 8, 2025

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Economy

ANZ forecast another 25bp rate cut from the RBNZ at its November meeting | investingLive

Musk’s xAI seeks $20 bn funding. Nvidia investing and backing GPU-linked financing model. | investingLive

Big session coming up from the Fed - FOMC minutes, Barr, Kashkari, Musalem, Goolsbee speak | investingLive

investingLive Asia-Pacific FX news wrap: Gold up, yen down, RBNZ cut. Same old. | investingLive

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