❌

Reading view

There are new articles available, click to refresh the page.
↗️

Meta and SpaceX to Raise Billions More to Fund A.I. Ambitions

✇NYT - Business
By: Ryan Mac and Lauren Hirsch
The race to build artificial intelligence infrastructure is consuming increasingly enormous amounts of cash at the biggest tech companies.

© Gabriela Bhaskar/The New York Times

Mark Zuckerberg, chief executive of Meta. The company aims to raise up to $95 billion to invest in A.I. infrastructure.
↗️

Zuckerberg’s Big Deal to Stay in California

✇NYT - Business
By: Andrew Ross Sorkin， Bernhard Warner， Sarah Kessler， Michael J. de la Merced， Niko Gallogly， Brian O’Keefe， Sri Muppidi and Ian Mount
The agreement that Mark Zuckerberg, Meta’s chief executive, cut to stay in California underscores businesses’ fears about a major tax proposal.

© Gabriela Bhaskar/The New York Times

The price Meta was willing to pay to keep Mark Zuckerberg living in California: overhauling its capital structure.
❌