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AI funding spree shows signs of strain: higher borrowing costs, SpaceX sell

AI News August 03, 2026 02:30 AM
AI funding spree shows signs of strain: higher borrowing costs, SpaceX sell

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.