Business and Economy

Business and Economy Latest News

AI giants turn to massive debt to finance tech race
AI giants turn to massive debt to finance tech race
by  AFP

Meta raised $30 billion in debt on Thursday, as tech giants flush with cash turn to borrowing to finance the expensive race to lead in artificial intelligence. The trend toward debt is new for internet giants long accustomed to having ample cash flow to pay for what they want.

Money

Technology

Energy

Economy

Industry

Maritime

Capital Market