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Meta prepares cross-border investment-grade bond offering

Meta Platforms is preparing a cross-border investment-grade bond offering, Bloomberg reported. The planned debt sale will test investor appetite amid growing skepticism about the pace of spending by companies leading the artificial intelligence infrastructure buildout.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Infrastructure

Aramco acquires 49% of HUMAIN for AI assets and $2.6 billion

Saudi Aramco acquired a 49% stake in HUMAIN in exchange for AI assets and $2.6 billion, Yahoo Finance reported. The Public Investment Fund owns the remainder of the Saudi government's AI company.

Capital Infrastructure
Capital Infrastructure

Northwood Space raises $375 million at $2 billion valuation

Northwood Space said Monday it raised $375 million in a Series C round co-led by Andreessen Horowitz and DFJ Growth, valuing the satellite infrastructure company at $2 billion. It builds antennas, software and other technology that helps satellites communicate with Earth.