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AI giants turn to massive debt to finance tech race
AI giants turn to massive debt to finance tech race
by  AFP

Meta raised $30 billion in debt on Thursday, as tech giants flush with cash turn to borrowing to finance the expensive race to lead in artificial intelligence. The trend toward debt is new for internet giants long accustomed to having ample cash flow to pay for what they want.

Shein set to open first physical store in Paris
Shein set to open first physical store in Paris
by  AFP

Controversial online fast-fashion seller Shein will open its first bricks and mortar store in the world in Paris next week, its new landlord announced Friday. Since the Shein announcement was made Disneyland Paris has abandoned plans to open a pop-up store in BHV while workers at the Paris store have staged a strike over the plan.

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