Chief Executive Officer Mark Zuckerberg has said that Meta will spend hundreds of billions of dollars over the next decade on data centers and other AI infrastructure to try to achieve human-level AI capabilities and integrate them into its products, including Facebook and Instagram. (Photo credit: David Paul Morris/Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Meta Platforms Inc. found record-shattering demand for its bond sale on Thursday even as its shares plunged, in a sign that bond investors are looking past any concerns about its artificial-intelligence spending plans.
The company sold $30 billion of bonds, the largest high-grade US note sale since 2023, drawing the most ever orders at $125 billion. That came on a day where Meta’s shares dropped as muc

 NDTV Profit
 NDTV Profit

 New York Post Entertainment
 New York Post Entertainment Weirton Daily Times Business
 Weirton Daily Times Business AlterNet
 AlterNet The Daily Beast
 The Daily Beast CNET
 CNET