Thursday, August 20

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Crypto Webull's record quarter shows retail traders want options, not crypto Tech Micron's $50 billion bet is turning Boise into a chip town Companies Alibaba's profit falls 75% as it spends its way into the AI race Markets Oil tops $93 as the US-Iran ceasefire lapses and the pressure campaign hardens Tech AI-made goods are flooding online marketplaces. Buyers are shrugging Companies The states' case against Meta puts a $1.4 trillion theory on trial Companies Hyundai's next flagship is electric: the Genesis GV90 arrives with coach doors Markets Nebius raises an upsized $5 billion in convertibles to feed the AI build-out Crypto Webull's record quarter shows retail traders want options, not crypto Tech Micron's $50 billion bet is turning Boise into a chip town Companies Alibaba's profit falls 75% as it spends its way into the AI race Markets Oil tops $93 as the US-Iran ceasefire lapses and the pressure campaign hardens Tech AI-made goods are flooding online marketplaces. Buyers are shrugging Companies The states' case against Meta puts a $1.4 trillion theory on trial Companies Hyundai's next flagship is electric: the Genesis GV90 arrives with coach doors Markets Nebius raises an upsized $5 billion in convertibles to feed the AI build-out

Topic: financing

A technician works on a server rack in a data center

Thursday, 8/20, 01:00 AM

Nebius raises an upsized $5 billion in convertibles to feed the AI build-out

AI cloud provider Nebius priced $5 billion of convertible notes, up from a planned $4.5 billion, in two tranches converting 40% and 45% above its share price.
The raise shows how convertible debt has become the funding tool of choice for an AI infrastructure sector spending faster than it earns.

financing — news and stories on this topic

This page collects all of Boursel's coverage of financing. Follow the topic from one place: new stories appear here automatically as more is published. That way you stay on top of how the situation develops.

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