genai / news / / The Manila Times
META Platforms sold investment-grade bonds worth $25 billion in six portions.
Meta sold $25 billion of investment-grade bonds in six portions to fund AI infrastructure.
KEY POINTS
- Meta raised its 2026 capital expenditure forecast by $10 billion to as much as $145 billion.
- Meta is scaling back its metaverse business and plans to lay off over 20% of its workforce.
- Analysts warn that Meta's large AI investments are starting to affect its credit metrics.
COMPANIES
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