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OpenAI cuts fundraising target as S&P hits Meta with credit warning

S&P Global downgrades Meta's outlook to negative

1 Oct 30 6:00 PM · 14d ago · 2 articles · 2 sources · development 1 of 2

S&P Global cut Meta's outlook to "negative" from "stable" late Friday, keeping its AA- rating but warning leverage could top the 1.0x downgrade threshold as soon as 2027, with free operating cash flow projected to stay negative through 2028.

S&P Global downgrades Meta's outlook to negative
Fortune

“it is unclear when these revenue streams will generate material contributions that exceed their rising costs over the next few years”

S&P Global

OpenAI AI developer, ChatGPT makerMeta Social media and AI companyS&P Global Credit ratings agencyAnthropic OpenAI rival, preparing IPOElon MuskElon Musk SpaceX CEO

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Peak 4 pieces in 4h at Oct 31, 12 PM; 6 pieces over 14 days (4 articles · 2 posts) Oct 30, 8 PM — 2 pieces · 2 articles — Newswires 1, Google News 1Oct 31, 12 AM — quietOct 31, 4 AM — quietOct 31, 8 AM — quietOct 31, 12 PM — 4 pieces · 2 articles · 2 posts — Mastodon 2, Newswires 1, Google News 1Oct 31, 4 PM — quietOct 31, 8 PM — quietNov 1, 12 AM — quietNov 1, 3 AM — quietNov 1, 7 AM — quietNov 1, 11 AM — quietNov 1, 3 PM — quietNov 1, 7 PM — quietNov 1, 11 PM — quietNov 2, 3 AM — quietNov 2, 7 AM — quietNov 2, 11 AM — quietNov 2, 3 PM — quietNov 2, 7 PM — quietNov 2, 11 PM — quietNov 3, 3 AM — quietNov 3, 7 AM — quietNov 3, 11 AM — quietNov 3, 3 PM — quietNov 3, 7 PM — quietNov 3, 11 PM — quietNov 4, 3 AM — quietNov 4, 7 AM — quietNov 4, 11 AM — quietNov 4, 3 PM — quietNov 4, 7 PM — quietNov 4, 11 PM — quietNov 5, 3 AM — quietNov 5, 7 AM — quietNov 5, 11 AM — quietNov 5, 3 PM — quietNov 5, 7 PM — quietNov 5, 11 PM — quietNov 6, 3 AM — quietNov 6, 7 AM — quietNov 6, 11 AM — quietNov 6, 3 PM — quietNov 6, 7 PM — quietNov 6, 11 PM — quietNov 7, 3 AM — quietNov 7, 7 AM — quietNov 7, 11 AM — quietNov 7, 3 PM — quietNov 7, 7 PM — quietNov 7, 11 PM — quietNov 8, 3 AM — quietNov 8, 7 AM — quietNov 8, 11 AM — quietNov 8, 3 PM — quietNov 8, 7 PM — quietNov 8, 11 PM — quietNov 9, 3 AM — quietNov 9, 7 AM — quietNov 9, 11 AM — quietNov 9, 3 PM — quietNov 9, 7 PM — quietNov 9, 11 PM — quietNov 10, 3 AM — quietNov 10, 7 AM — quietNov 10, 11 AM — quietNov 10, 3 PM — quietNov 10, 7 PM — quietNov 10, 11 PM — quietNov 11, 3 AM — quietNov 11, 7 AM — quietNov 11, 11 AM — quietNov 11, 3 PM — quietNov 11, 7 PM — quietNov 11, 11 PM — quietYesterday, 3 AM — quietYesterday, 7 AM — quietYesterday, 11 AM — quietYesterday, 3 PM — quietYesterday, 7 PM — quietYesterday, 11 PM — quietToday, 3 AM — quietToday, 7 AM — quietToday, 11 AM — quietToday, 3 PM — quietToday, 7 PM — quiet ◂ 1 earlier2
2Meta pushes back on S&P's credit…
Oct 31Nov 2Nov 4Nov 6Nov 8Nov 10now · 10:27 PM ET

Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch

  1. 1 outlet AI outlook: OpenAI cuts fundraising goal while Meta gets a credit warning on cash flow and spending

    first by Fortune, 14d ago

All 2 developments of OpenAI cuts fundraising target as S&P hits Meta with credit… →

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