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fromwww.mercurynews.com
3 days ago

Meta defies AI spending gloom with record-breaking bond sale

Meta Platforms Inc. found record-shattering demand for its bond sale on Thursday even as its shares plunged, in a sign that bond investors are looking past any concerns about its artificial-intelligence spending plans. The company sold $30 billion of bonds, the largest high-grade US note sale since 2023, drawing the most ever orders at $125 billion. That came on a day where Meta's shares dropped as much as 14%, after it had posted quarterly earnings late Wednesday,
Artificial intelligence
Artificial intelligence
fromFuturism
2 weeks ago

ChatGPT Is Already Stalling Out on New Subscribers

OpenAI plans to spend over $1 trillion on AI infrastructure while relying on a small share of paying ChatGPT subscribers amid signs of plateauing revenue.
Business
fromGeekWire
1 month ago

Microsoft sets new RTO policy, requiring employees in the office 3 days per week

Microsoft requires employees within 50 miles of Redmond HQ to work on-site three days weekly starting February, stressing in-person collaboration.
US politics
fromwww.mediaite.com
1 month ago

It's Embarrassing': Mark Zuckerberg Roasted After Hot Mic Picks Up Comment to Trump

Mark Zuckerberg told President Trump he 'plucked a number out of his head' about Meta spending $600 billion, prompting viral ridicule and political criticism.
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