Morning Briefing Europe

Nvidia to Finance Musk’s xAI Chips as Part of $20 Billion Deal

Photographer: Andrey Rudakov/Bloomberg

Good morning. Elon Musk’s xAI is raising $20 billion. Spot gold prices climb above $4,000 for the first time. And it’s getting a lot harder for Brits to get richer. Listen to the day’s top stories.