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Meta readies $25B bond sale as soaring AI costs trigger stock sell-off

(www.ft.com)
113 points 1vuio0pswjnm7 | 1 comments | 02 Nov 25 05:33 UTC | HN request time: 0.219s | source
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dmix ◴[02 Nov 25 06:13 UTC] No.45788172[source]▶
> Oracle sold $18bn of bonds in September.

Why is Oracle going into debt for AI? What are they doing

replies(3): >>45788265 #>>45788481 #>>45788772 #
1. lordofgibbons ◴[02 Nov 25 06:37 UTC] No.45788265[source]▶
Building data centers for OpenAI, but it requires a lot of upfront capital.