Liz Hoffman

Meta plans to introduce new non-voting stock, people familiar with the matter said, which suggests it's likely to lean heavily on new share sales to fund its AI buildout.

Liz's view Why does Meta need to be a player in the AI race? It isn't Google, organizing the entire internet; or Microsoft, the operating

SpaceX's $40 billion debt raise is being finalized at sharply higher interest rates than when the rocket company last tapped bondholders, a sign of growing jitters in the AI world.

Meta is issuing new stock for the first time since 2013, announcing a $95 billion offering to fund its AI buildout.

When SpaceX issued its first corporate bonds, it paid 6.65% for the most expensive piece. The most expensive slice of the $40 billion of private credit borrowing it’s finalized in recent days will cost as much as 8.75%.

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When SpaceX issued its first corporate bonds — back in the giddy, futuro-optimist days of… four months ago — it paid 6.65% for the most expensive piece. The most expensive slice of the $40 billion of private credit borrowing it's finalized in recent days will cost as much as 8.75%, a person familiar with the matter said, having shot higher since we reported on price talks last week.

The News Investors got a look for the first time at just how much money Anthropic is losing and how deeply entwined the frontier lab is with other players in the AI ecosystem.

The Scoop DoorDash is in exclusive talks to acquire Instacart, according to people familiar with the matter.

Liz's view Anthropic's IPO prospectus is a perfect ink-blot test.