Archive snapshot · Economy
Sat, Oct 31, 3:16 AM ET
OpenAI cuts fundraising target by $10 billion as AI stock selloff and Anthropic IPO loom
The reduced target reflects investor caution amid a broader AI stock slump and competition from Anthropic's impending listing.
Bloomberg · +14 outlets
Apple overtakes Nvidia as world's most valuable company
The shift at the top of global market capitalization comes as AI-related tech stocks sell off sharply.
Bloomberg · +14 outlets
Microsoft plans $25 billion debt raise to fund AI buildout
The bond sale adds to a record wave of borrowing tied to data center and AI infrastructure spending.
CNBC · +14 outlets
Big Tech holds $3 trillion in spending commitments for the AI boom
The five largest data center players have committed the sum over coming years, underscoring the scale of AI infrastructure bets.
Bloomberg · +14 outlets
Tech stocks tumble as AI spending fears collide with earnings misses
Two straight days of selling pressure reflected investor concern that the AI trade is overextended.
Bloomberg · +12 outlets
S&P cuts Meta's credit rating outlook to negative on AI spending
The outlook revision is an early step toward a possible downgrade as AI-related costs strain the balance sheet.
Bloomberg · +14 outlets
Intel posts worst stock drop in decades on weak PC chip forecast
A PC industry slump and supply-chain snags renewed doubts about the chipmaker's turnaround.
Bloomberg · +13 outlets
Amazon taps $80 billion supplier loan facility to help fund AI
The financing move shows how hyperscalers are assembling capital beyond traditional debt markets for AI buildout.
Bloomberg · +10 outlets
Amazon ad revenue growth slows as Q3 earnings miss estimates
The ecommerce giant cited Prime Day timing and foreign exchange for the softer advertising quarter.
Variety · +13 outlets
AI stock selloff sinks Asian chip stocks on funding concerns
Deepening worries about how Big Tech funds its AI spending spilled into Asian semiconductor shares.
Bloomberg · +13 outlets
NYSE owner ICE and Trade.xyz plan US Hyperliquid perpetuals market
The partnership would bring perpetual futures products into US regulated markets.
Bloomberg · +14 outlets
Binance's $6.3 billion hack is largest crypto theft on record
Suspected North Korean hackers are blamed for the record-setting breach of the world's biggest crypto exchange.
CNBC · +13 outlets
Google debt-risk gauge rises as earnings revive AI debt jitters
Credit-market signals point to growing strain from AI-related borrowing across major tech issuers.
Bloomberg.com · +1 outlets
Global bond sales hit record, fueled by AI borrowing binge
Corporate debt issuance and hedging costs show investors growing wary of the scale of AI-linked leverage.
Bloomberg.com · +13 outlets
Anthropic's IPO timing questioned amid AI bubble worries
The anticipated listing could reshape funding prospects for younger AI companies and test sentiment on the sector.
Forbes · +14 outlets
OpenAI, Google, Microsoft and Anthropic back new standard to opt out of AI scraping
The standard would let publishers signal whether their content can be used for AI training.
The Verge · +14 outlets
OpenAI's Altman meets Samsung executives as memory chip crunch deepens
The talks in South Korea focused on memory supply and AI infrastructure as global shortages intensify.
Bloomberg
Baseten set to raise funding at roughly $30 billion valuation
The new round would more than double the AI startup's valuation.
Bloomberg

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