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27.10.26 - 19:48
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Meta Boosts Equity Offering to $98 Billion, Raising Its AI Bet (Bloomberg)
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Bloomberg's Ed Ludlow takes a look at Meta's plan to boost its equity offering to almost $98 billion, one of the largest ever, as it raises its bet on AI. Plus, Anthropic's IPO could be a defining test for the AI boom, as its S-1 filing reveals staggering growth, spending and losses. And, Anduril founder Palmer Luckey explains why the defense tech firm is teaming up with chipmaker Qualcomm to build a laptop with a US supply chain. (Source: Bloomberg)...
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27.10.26 - 18:31
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Crusoe CEO Defends Rival CoreWeave, Calls Selloff ′Overblown′ (Bloomberg)
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The chief of Crusoe, a data center developer and AI computing supplier that has contracts with firms including Meta Platforms Inc., Oracle Corp. and Alphabet Inc.'s Google, called the recent selloff of so-called neoclouds “overblown” and said rival CoreWeave Inc. has done “some very good deals.”...
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27.10.26 - 18:01
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Meta AI Boom Fuels Goldman Windfall (Bloomberg)
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Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Anthropic's mega IPO puts Wall Street on notice ahead of big tech earnings. Meta's massive share offering and the AI deal boom deliver a windfall for Goldman Sachs. Plus Coca-Cola, UPS, JetBlue and Boeing earnings. We have the big read on corporate America outside of tech. (Source: Bloomberg)...
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