NewsBusiness
Meta plans up to $95 billion stock sale, its first since 2013
The two-part sale uses new nonvoting shares to protect Mark Zuckerberg’s control and tops the $85 billion Alphabet said in June it would raise.
The two-part sale uses new nonvoting shares to protect Mark Zuckerberg’s control and tops the $85 billion Alphabet said in June it would raise.
Elon Musk wrote on X that lenders have cut off companies reliant on AI data centers, deepening a month-long slide in CoreWeave, Nebius and Iren.
Bloomberg reported pricing talks were still underway late on October 25, as Musk said lenders have all but shut off money for most neoclouds.
Prime Minister Anwar Ibrahim said Masayoshi Son picked sites in Sarawak and peninsular Malaysia for AI, data center and other technology projects.