Meta readies $25bn bond sale as soaring AI costs trigger stock sell-off
Social media group sheds $200bn in market value as Mark Zuckerberg’s investment plans spook investors
Social media group sheds $200bn in market value as Mark Zuckerberg’s investment plans spook investors

Social media group plans to spend $135bn on data centres this year

Debt issued by groups that are borrowing to build vast data centres has been hit in recent weeks

Cautious comments from top bank executives add to jittery sentiment on Wall Street

Social media company considers cutting unit’s budget by as much as 30%

Mark Zuckerberg is pouring billions of dollars into artificial intelligence

Decline in Asian markets led by companies most exposed to demand for artificial intelligence