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Anthropic, SpaceX and Meta unveil $235 billion in AI deals in a day

Anthropic filed on October 26 for a stock market listing that could raise up to $100 billion, potentially the biggest IPO ever. The same day, SpaceX secured $40 billion in debt financing to lease AI chips, and Meta said it would seek up to $95 billion to expand AI infrastructure. Together the deals total about $235 billion, highlighting AI's rising costs and economic risks.

Anthropic, SpaceX and Meta unveil $235 billion in AI deals in a day

This summary is based on reporting by Hindustan Times.

Read the full story at Hindustan Times