Reported about 8 hours ago
Meta Platforms Inc. is set to launch a bond sale of at least $25 billion, following a warning from CEO Mark Zuckerberg about increased spending on artificial intelligence. The sale, which is expected to be among the largest corporate bond offerings in the U.S. for 2025, has reportedly attracted around $125 billion in orders. This initiative comes as investment in data centers and AI technology is expected to rise significantly, positioning Meta alongside competing tech giants in the evolving marketplace.
Source: YAHOO