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META AI INVESTMENT
Meta draws record orders for debut euro bond sale, Bloomberg News reportsMeta Platforms has successfully garnered an impressive €53 billion in investor interest for its inaugural euro bond issuance. With an ambit...- ETtech Explainer: Why Meta is raising billions through bondsDeveloping AI models and offering AI-powered services requires enormous computing capacity. This involves building data centres, purchasing...
- Meta kicks off first euro bond sale in latest test for tech sectorMeta Platforms has initiated a significant bond sale, marking its first offering of euro-denominated bonds aimed at financing its investmen...
- AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
- Meta raises $15 billion through bond sale to fund AI infrastructure expansionMeta Platforms is raising $15 billion through a five-part bond offering to fund its expanding artificial intelligence infrastructure invest...
- AMD forecasts fourth-quarter revenue above estimates on strong AI chip demandAdvanced Micro Devices estimates its fourth-quarter revenue will hit about $17 billion, driven primarily by robust demand for AI chips. Alt...
- Meta raises $15 billion in five-part US bond saleThe tech giant's offering adds to a wave of fundraising as companies raise fresh capital to finance AI data centers, computing capacity and...
- AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
- Blackstone president says more tech sector fundraising ahead to keep up with AI industry growthBlackstone President Jon Gray said on Tuesday there would be more global equity fundraising needed to keep up with the enormous likely dema...
- Apple beats sales and profit expectations but AI costs weigh on holiday salesApple exceeded analysts' expectations for its latest results on Monday when the iPhone-maker said it notched a "revenue record" for the Jul...
- Meta eyes at least $20 billion from potential bond offerings, Bloomberg News reportsMeta is reportedly looking to raise at least $20 billion through a cross-border bond offering to fund its expanding AI infrastructure. The ...
- Musk and Zuckerberg officially adopt Trump’s “super intelligence” label for AI, other tech chiefs yet to followIn a significant shift, tech giants Elon Musk and Mark Zuckerberg have embraced the term 'super intelligence' to describe AI, following a p...
- Nasdaq 100 cracks 5%, wipes out $2 trillion in October as AI spending fears deepenInvestor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology c...
- Nasdaq faces $2 trillion wipeout in October as AI spending fears deepenThe wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI tra...
- AI giants' funding ambitions test Wall Street's appetite for riskThe heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificia...
- AMD and Meta advance strategic partnership to power Meta's Superintelligence InfrastructureAdvanced Micro Devices, or AMD, is teaming up with Meta to enhance its superintelligence infrastructure. As part of this strategic partners...
- Nvidia, Meta deepen AI ties with $3 billion investment dealIn a groundbreaking partnership, Nvidia and Meta have committed to advancing the Muse AI assistant, with a substantial $3 billion investmen...
- Meta eyes record $95 billion equity raise to fund AI expansionThe Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...
- Meta launches $35 billion stock offering to fund AI expansionMeta Platforms has kicked off public offerings nearly reaching $35 billion as part of its ambitious AI expansion strategy. The tech giant a...
- Meet Mahmoud Felfel and Hammad Syed, two Egyptian founders who built a text-to-speech tool; their voice AI startup was later acquired by MetaMahmoud Felfel and Hammad Syed are the founders of PlayAI. Both of them Egyptian entrepreneurs who had previously worked at Dubai-based cla...
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