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Related Stories (3)

Meta raises $25 billion in bond sale after lifting AI spending plan - Reuters

Meta raises $25 billion in bond sale after lifting AI spending plan Reuters

April 30, 2026

Meta says it will cut 8,000 jobs as AI spending soars

The cuts, which employees had been expecting for weeks, will be Meta's largest layoff since 2023.

April 23, 2026

Big Tech's $635 billion AI spending faces energy shock test, S&P Global says - Reuters

Big Tech's $635 billion AI spending faces energy shock test, S&P Global says Reuters

March 31, 2026
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