Meta prepares dollar and euro bond sale to fund AI spending
The planned borrowing follows S&P’s decision to lower Meta’s credit outlook to negative. The size of the bond offering has not been disclosed.
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Oracle starts US$10 billion bond sale as it pursues share offering
The company is also seeking US$10 billion through equity as it funds an expansion of data centers serving AI customers.
Deutsche Bank upgrades US tech stocks to overweight after selloff
The bank reversed a recent downgrade, saying share-price declines had already accounted for much of the risk surrounding AI.
Big Tech buybacks drop 83% as capital spending outstrips operating cash flow
Five technology companies recorded a combined US$14 billion free cash flow deficit as capital spending doubled, according to a Reuters analysis.
Amazon cash flow turns negative as AI spending rises
AWS revenue increased 39% to US$46 billion, while Amazon said it expects capital spending to rise further in 2027.
OpenAI reportedly lowers fundraising target to about US$20 billion
The Financial Times reported that some investors scaled back commitments amid falling AI stocks, with the round valuing OpenAI at US$1.25 trillion.
Amazon sets up US$80 billion hardware-backed borrowing facility
The financing will be available from the start of 2027 through the third quarter of 2028 as Amazon expands its AI data centers.
Entourage closes second fund at €100 million
The venture firm plans to back about 25 early-stage companies, expanding its investment scope to robotics, physical AI and deep tech.
Thrive Holdings agrees to acquire ADT at US$10 a share
The offer values the US home security company’s equity at about US$7.6 billion, with an enterprise value of US$15.3 billion.
STMicroelectronics lifts data center outlook, forecasts $4.15 billion quarter
The chipmaker expects annual data center revenue of about $1.3 billion, compared with a July forecast of more than $1 billion.
