Jun 29, 2026Twila Rosenbaum
Amazon attracted record demand of $126 billion for its bond sale, aimed at financing AI data centers and infrastructure. The company plans $200 billion in capital expenditures this year, primarily for AI. CEO Andy Jassy emphasized commitment to leading in AI despite investor concerns about returns. The bond sale highlights the growing reliance of big tech on debt markets.
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Jun 29, 2026Twila Rosenbaum
Nvidia CEO Jensen Huang has stated that the company will likely not invest $100 billion in OpenAI, following a recent $30 billion investment. The decision is driven by OpenAI's anticipated IPO, which may be the last chance to invest in such a major AI firm. Huang also noted similar expectations for Nvidia's investment in Anthropic. The comments come amid shifting economics of the AI boom, with growing concerns over data center resource consumption.
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Jun 29, 2026Twila Rosenbaum
Nvidia has scrapped its earlier $100bn deal with OpenAI, instead committing $30bn to the startup's latest funding round. The move comes amid shifting investor sentiment and skepticism over the original plan's circular structure. The new investment is part of a larger $100bn+ round that values OpenAI at $730bn.
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Jun 29, 2026Twila Rosenbaum
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