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Nvidia is putting $3 billion into Meta's stock offering, and Meta says it will deploy more Vera Rubin hardware in return. The AI money loop between supplier and customer just got a lot tighter.
Microsoft opened voluntary buyouts to about a quarter of its staff, up to vice president level, and they have until early December to decide. The memo never says AI, but the $175 billion capex forecast s
Meta launched a record equity raise of up to $95 billion to pay for its AI build out, and Nvidia, AMD and Broadcom have expressed interest in buying up to $5 billion of the shares.
Anthropic has publicly filed to list on Nasdaq as ANT, showing $16.29 billion in first half revenue and an $80.7 billion loss that is mostly a noncash convertible note charge. Its seven co-founders will
Musk called a SpaceX and Tesla tie-up a good idea and revealed both boards are exploring one, but no proposal exists and shares slid. Analysts say the real prize is control of his AI empire.
Goldman Sachs forecasts that AI could temporarily displace up to 9% of workers over the coming decade, and its economist warns the cuts are likely to hit hardest when the economy slows. Pantheon Macroeco
