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We\u2019re kicking off the short week with news about Elon Musk, and no, it\u2019s not about X or Tesla. Instead, we\u2019re talking about Musk\u2019s other other company, xAI. In a blog post this weekend, xAI announced it raised $6 billion in Series B funding, confirming earlier reports that the AI startup was looking to raise at a pre-money valuation of $18 billion.\n\nThe ongoing AI race was only the beginning of what we covered on today\u2019s episode of Equity. This morning, Becca Szkutak dove deep into the collapse of Synapse, a banking-as-a-service company whose bankruptcy could impact an estimated 10 million end customers and 100 fintechs, including teen banking-focused Copper. \n\nTo wrap up this morning\u2019s news segment, we also discussed a report from The Washington Post that election officials and researchers are considering a new approach to combating misinformation called \u201cpre-bunking.\u201d Companies like Google are testing it out in the lead up to the European Union election, but we remain skeptical about how successful the technique could be. \n\nHaje closed out the show with another Pitch Deck Teardown, this time examining Berlin-based Terra One\u2019s deck. The startup just raised a cool $7.5 million to make sure Germany\u2019s clean energy isn\u2019t going to waste. Listen through to the end to hear how they made it happen!