Keep pulling the thread on Bloomberg Tech.
Amazon is seeking to raise at least $25 billion in a new bond sale to fund infrastructure spending.
SpaceX has been added to the Nasdaq 100 index.
Samsung's preliminary quarterly results show revenue more than doubled and operating profit increased 19-fold from a year ago.
South Korea has a massive investment plan of roughly $880 billion for memory fabs and data centers to promote sovereign AI.
Of South Korea's $880 billion sovereign AI investment plan, over $300 billion is earmarked for AI clusters and data centers.
Capital expenditure from Amazon, Microsoft, Google, Meta, and Oracle is projected to exceed $1 trillion by 2030.
Bloomberg Intelligence predicts Amazon's capital expenditures will likely exceed its $200 billion guidance for this year and could approach $300 billion next year.
Rivian announced it will sell 75 million shares to fund equity contributions for a loan from the US Department of Energy.
RBC raised its price target on Tesla based on the potential for a merger with SpaceX, which it estimates could be 25% to 30% accretive to Tesla's stock.
NATO leaders signed defense deals worth at least $50 billion, which include investments in space and surveillance.
SpaceX has reduced its launch costs from $54,000 per kilogram to approximately $2,000 per kilogram.
Chinese companies including Tencent, Alibaba, and Huawei are increasingly choosing local AI suppliers over NVIDIA.