Big Tech Turns to Debt Markets to Finance AI Boom
Major technology companies including Alphabet and Amazon are increasingly turning to international bond markets to help finance massive AI infrastructure investments.
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Major technology companies including Alphabet and Amazon are increasingly turning to international bond markets to help finance massive AI infrastructure investments.
The European Union is intensifying discussions with Anthropic and U.S. officials over access to advanced AI models, including the company’s cybersecurity-focused Mythos system.
Anthropic has opened a new office in Milan, expanding its European footprint as adoption of Claude accelerates among Italian enterprises, startups, and research institutions.
Snowflake shares jumped 35% after the company raised guidance, beat earnings expectations, and announced a $6 billion compute partnership with Amazon.
CNN filed a lawsuit against Perplexity, accusing the AI search startup of unlawfully using copyrighted news content to power its products.
Cognition raised more than $1 billion at a $25 billion valuation as demand for autonomous AI coding tools continues to surge.
Base launched a developer toolkit that allows AI models like ChatGPT and Claude to interact directly with crypto wallets and decentralized finance applications.
Universal Music Group and TikTok renewed their licensing agreement with new commitments to remove unauthorized AI-generated music and improve artist attribution.
Expedia Group unveiled new AI-powered tools and infrastructure aimed at helping partners build and manage travel experiences through AI agents and automation.
Standard Chartered CEO Bill Winters apologized for remarks about AI replacing lower-value jobs after backlash from staff and regulators.