Alphabet, Meta, Microsoft, Amazon and Oracle have committed more than $3T to future spending on data centres, leases, equipment and energy, The Next Web reported, citing Bloomberg. Alphabet accounts for more than $1T and Meta for more than $800B.
S&P Global Ratings lowered the outlook on Meta Platforms' AA- credit rating to negative on Friday, citing pressure on its balance sheet from elevated spending tied to artificial intelligence. The action changes the outlook on the rating, rather than the AA- rating itself.
Microsoft, Alphabet, Amazon, Meta and Oracle returned 9.3% of cash to shareholders in the first three quarters of 2026, Reuters reported, the smallest share in 15 years amid AI spending. The companies generated record amounts of cash over the same period.
Amazon has established supplier financing arrangements to borrow as much as $80 billion against the value of hardware it buys, Bloomberg reported.
Salesforce's agreement to acquire military logistics software developer Rune Technologies is worth $375 million in cash and stock, Resilience Media reported. Rune builds AI software that helps the US military predict supply needs and manage logistics in the field.
Salesforce signed a definitive agreement to acquire Rune Technologies, a developer of military logistics and sustainment software and hardware, Axios reported. Rune raised ~$30M to build AI military logistics software.
