
Musk's xAI Launches $5 Billion Debt Sale Through Morgan Stanley
Morgan Stanley is shopping a $5 billion debt package for Elon Musk's artificial intelligence company, xAI Corp., according to a person familiar with the matter.
The package, launched on Monday, includes a term loan B, a fixed-rate term loan and senior secured notes, said the person, who was not authorized to share the information publicly.

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Business Wire
22 minutes ago
- Business Wire
O'Reilly AI Academy Named 'Enterprise Learning Solution of the Year' in 2025 EdTech Breakthrough Awards Program
BOSTON--(BUSINESS WIRE)-- O'Reilly, the premier learning platform for technology professionals, today announced that the O'Reilly AI Academy has been selected as winner of the 'Enterprise Learning Solution of the Year' in the annual EdTech Breakthrough Awards program conducted by EdTech Breakthrough, a leading market intelligence organization that recognizes the top companies and solutions in the global educational technology market. The O'Reilly AI Academy provides tailored learning tracks to ensure individuals can acquire the skills to build a strong foundation in generative AI, facilitating GenAI upskilling across an entire organization. One of the primary learning tracks, GenAI Essentials for Everyone, focuses on a comprehensive range of skills including prompting fundamentals and enhancing productivity. Additional tracks include GenAI for Leaders, GenAI for Business Analysis, GenAI for Executives, GenAI for HR, GenAI for Marketing, and GenAI for Project Management. The O'Reilly AI Academy's learning tracks are supported by over 300 additional pieces of content tailored by role and industry to cater to teams across security, data, finance, marketing, and project management within sectors like government and healthcare. This content includes books, audiobooks, live and on-demand courses, short-form text, and video. Learners who successfully finish these learning tracks can earn completion badges and certificates, and the badges can be embedded in email, across social media, on LinkedIn, and more. 'O'Reilly's learning platform gives teams the resources they need to drive business outcomes. GenAI is a must-have for everyone in an organization—not just tech teams. The challenge is helping team members acquire these new skills efficiently— meaning focusing only on what they need to know and in the way that they learn best,' said Steve Johansson, managing director of EdTech Breakthrough. 'Answers from O'Reilly enables active learning so users can interact with content rather than simply ingesting a stream from a book or video. As just one piece of an ecosystem of tools, O'Reilly's incredible technology serves the modern learning experience, helping users develop the skills needed to stay relevant in a changing world.' The mission of the EdTech Breakthrough Awards is to honor excellence and recognize innovation, hard work, and success in a range of educational technology categories, including student engagement, school administration, adaptive learning, STEM education, remote learning, career preparation, and many more. This year's program attracted thousands of nominations from over 15 different countries throughout the world. 'AI won't replace humans—but humans with AI will replace humans without AI. At O'Reilly, we're building training materials about AI while also using it ourselves to build new kinds of learning experiences for learners of all skill levels and interests,' said Tim O'Reilly, founder and CEO of O'Reilly. 'We humbly accept the 'Enterprise Learning Solution of the Year' award from EdTech Breakthrough as we continue to expand our offerings to make a real difference in the arc of someone's career. We want our users to learn; and we want our users to have the educational resources they need to thrive in an AI-dominant landscape.' For more information on the O'Reilly AI Academy and to enroll your company, visit About O'Reilly O'Reilly, the premier learning platform for technology professionals, offers the industry's most extensive catalog of high-quality technical and professional skills development courses. From AI, programming, and cloud technologies to essential business skills such as leadership training and critical thinking, O'Reilly delivers highly trusted content from its network of renowned experts that meets a diverse array of learning needs, with over 5,000 role-based on-demand courses, nearly 200 live events each month, access to interactive sandboxes and labs, and more. For more information, visit
Yahoo
25 minutes ago
- Yahoo
Reform UK to give council Musk-style audit
Reform UK plans to send its Elon Musk-style Department of Government Efficiency (Doge) team into West Northamptonshire Council to assess "wasteful spending". The council has become one of the frontrunners to receive a visit from the party's new audit team, including software engineers, data analysts and forensic auditors. However, a party spokesperson said there was not currently a timetable for the Northamptonshire visit. The authority's Conservative group leader said savings could be achieved "without the gimmicks". Reform UK took 42 of the 76 seats in the council after the local elections on 1 May to run it as a majority. The party took control of eight authorities from the Conservatives - including neighbouring North Northamptonshire - along with Doncaster from Labour and Durham, which was run as a coalition. The idea follows the US Doge, which was launched in January after President Donald Trump took office to cut federal spending. Billionaire Musk was involved but has since left his position spearheading the unit. Reform UK chair Zia Yusuf announced on X that West Northamptonshire and Lancashire were next in line to be visited by the audit team. Reform UK claimed the work would be completed free of charge. The party said the unit would use artificial intelligence and advanced data analysis tools to find any waste. Although the Doge team would be able to give tips and tricks, elected councillors and leadership would decide whether to act on recommendations. A Reform UK party spokesperson said: "The taskforce will identify and eliminate wasteful spending, increasing transparency and ensuring taxpayer money is spent solely on activity that benefits local people." Mark Arnull, Reform UK leader of West Northamptonshire Council, said: "Since forming the council's new political administration we have been working closely with senior officers, building good relationships and meeting regularly as we start to shape our future priorities for communities across West Northants." Daniel Lister, leader of the Tory opposition, said: "We made over £115m in efficiency savings under the last Conservative administration and we were committed to finding even more, so we know savings can be achieved without the gimmicks. "This new so-called 'efficiency unit', parachuted in and styled on the Trump/Musk Doge model in the United States, delivered only a fraction of the promised savings over there, while increasing spending and gutting support for veterans, the homeless and other essential services. Is that really the reform people voted for? "We will be watching closely to ensure the key services our communities rely on are not sacrificed for short-term political theatre." Meanwhile, on Tuesday evening the first cabinet meeting of the new Reform UK-led council was disrupted by clean air campaigners. It was paused after a number of public speakers refused to stop talking when asked by the leader of the council, and cabinet members briefly left the room. Protestors from Clean Air Northampton and 1,000 Voices spoke on an item about a public space protection order to stop car cruising, which was eventually supported by cabinet - and will be implemented for a maximum period of three years with the opportunity to extend. Follow Northamptonshire news on BBC Sounds, Facebook, Instagram and X. Car cruising may be banned under new order Reform UK councillor 'honoured' to lead authority Reform council leader criticised on net zero stance Local Democracy Reporting Service West Northamptonshire Council
Yahoo
25 minutes ago
- Yahoo
Anthropic Researchers Warn That Humans Could End Up Being "Meat Robots" Controlled by AI
Researchers at one of the world's leading AI labs are warning that humans may soon be little more than "meat robots" for near-future artificial intelligence systems. During a recent interview with AI podcaster Dwarkesh Patel, Anthropic researchers Sholto Douglas and Trenton Bricken were surprisingly casual when fretting that the technology they're working to build may soon render us into AI-controlled androids — or, at the very least, further grim job loss to the technology. "There is this whole spectrum of crazy futures," Douglas, who worked at Google DeepMind until earlier this year, told the 24-year-old podcaster. One such future involves a "drop in white collar workers" over the next two to five years, the researcher said — one that he thinks will come to pass "even if algorithmic progress stalls out." Bricken, meanwhile, had more grandiose prognostications about the future he and his colleagues in the AI space are building. "The really scary future is one in which AIs can do everything except for the physical robotic tasks," he declared. "In which case, you'll have humans with AirPods, and glasses and there'll be some robot overlord controlling the human through cameras by just telling it what to do." (Yes, you read that right — this AI researcher did, in fact, refer to fellow humans as "it." ) "Basically," Bricken continued, "you're having human meat robots." Douglas quickly jumped in at that point to, it seems, defend the technology. "Not necessarily saying," he interjected, "that that's what the AIs would want to do or anything like that." Regardless of AI intent — if such a thing could exist — Douglas reasoned that we humans are in for a "pretty terrible decade" as the technology takes over. Human labor will, Douglas predicted, primarily be valued upon how well we can do physical work that AI cannot, like so many Taskrabbits for the algorithmic powers that be — but luckily, we make "fantastic robots" to that end. "That's a shocking, shocking world," he concluded. We've got to say we agree. More on AI robots: New AI Startup Giving Robots Virtual Heart Rate, Body Temperature, Sweating Response So They Can Better Emulate Human Emotions Like Fear and Anxiety