Meta plans to raise $95 billion to fund AI infrastructure and superintelligence, as Nvidia, AMD and Broadcom eye up to $5 billion in shares.
US stock futures were slightly higher on Monday as investors await key big tech earnings this week and the Federal Reserve’s next decision on Wednesday.
Meta says share sale will support its “continued investment in AI infrastructure and personal superintelligence”, as Elon Musk warns some AI cloud computing firms face ‘guppy-level death’ UK government borrowing costs are dropping this morning, a welcome sign ahead of Wednesday’s budget. The yie...
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Elon Musk sees many artificial-intelligence infrastructure companies being shut out of the debt market, a warning that could weigh on markets.
Meta is looking to raise a total of $95 billion through stock-related deals that stretch into early next year.