Hindustan Times·Business

AI mega-deals drive record spending and raise risks

Summarised by Spiced Kopi · 27 October 2026, 10:38 UTC ·10 sec listen

Anthropic is weighing a potential one hundred billion dollar initial public offering, while SpaceX seeks forty billion dollars and Meta plans ninety-five billion dollars. The deals underscore surging artificial intelligence costs and growing risks for the economy.

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