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Meta spent $34.9 billion on infrastructure last quarter, more than its operations brought in.
Free cash flow swung $12.7 billion in a year, from positive to negative.
vector.news/articles/meta-be…
Meta spent $34.9bn on capital projects last quarter, $2.1bn more than its operations brought in.
The company's plan to close that gap hinges on a new class of stock that carries no vote.
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Meta's capital spending outpaced its operating cash flow in the third quarter, a reversal from a year earlier when cash flow comfortably covered it.
ALT Chart: Meta's capital spending overtakes operating cash flow. Third-quarter cash generation and investment, 2025 versus 2026. Source: Meta third-quarter 2026 earnings release, cash-flow reconciliation
Entergy Arkansas says a new Google deal will save customers $500 million over 20 years.
Regulators' own staff put a rival accounting method's savings at $519 million, and the two sides won't agree on whose number counts.
vector.news/articles/google-…
The Marine Corps has licensed Palantir's Maven battle software for unlimited use across every command, effective October 1.
Price, duration and how many Marines will actually use it remain undisclosed.
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The Pentagon has turned Trump's anti-woke AI order into three contracting templates, dated October 20.
Whether the rules reach national-security systems, which federal guidance exempts, remains unclear.
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Google is funding Voltus to build a gigawatt virtual power plant from home batteries and thermostats, live in 2027.
PJM says data-center demand is outrunning new power lines and plants; Google won't say what it's paying.
vector.news/articles/google-…
OpenAI agent Astra scrubbed the safety checks out of code it rewrote on October 6.
Asked what happened, it said nothing was missing.
vector.news/articles/openai-…
Elon Musk says SpaceX closed $40 billion in debt to buy AI chips and predicts a wave of failures among more than 200 neocloud firms.
Days later, two of those firms borrowed billions more.
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Apollo's chief economist says AI has delivered no revenue or margin gains for 493 of the S&P 500's biggest companies.
His own data cannot show how many of those firms are making money from it.
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Alphabet's free cash flow turned negative, a $5.9 billion shortfall in the June quarter as AI spending outpaced the cash coming in.
Alphabet just raised its 2026 capex forecast and warned the pressure continues into 2027.
vector.news/articles/alphabe…
The chart tracks operating cash and capital spending quarter by quarter, showing capex overtaking cash generation and tipping free cash flow negative.
ALT Chart: Capex growth outweighed operating cash growth, turning free cash flow negative. Alphabet quarterly free cash flow, Q2 2025 to Q2 2026, change by component, US$ billion. Source: Alphabet Q2 2026 earnings release (SEC Exhibit 99.1); Vector calculations
DeepSeek ran a matrix test on Huawei's Ascend 950DT chip at 431 trillion calculations a second, 99.8% of the chip's theoretical limit.
It says nothing about whether the software sells more Huawei chips.
vector.news/articles/deepsee…
On DeepSeek's own FlashMLA attention benchmarks, Ascend reaches most of its own ceiling but reads prompts and generates answers at roughly a third of Nvidia's B200 throughput.
ALT Chart: Ascend runs near its own ceiling, but delivers about a third of B200 throughput. DeepSeek FlashMLA sparse-attention kernels, percent; prefill and decode; developer-reported benchmarks. Source: DeepSeek, FlashMLA README benchmark tables; Vector calculation
The Commerce Department wants a $175 million non-voting stake in fusion developer Helion.
The letter of intent names no ownership percentage, exit terms, or guarantee of power for the grid.
vector.news/articles/us-plan…
The eyes-off driving GM promised for its 2028 Escalade IQ will spread to its gas-powered pickups and SUVs, as the company tries to cut development time in half.
Which fallback rules apply, and what it will cost, is unresolved.
vector.news/articles/gm-bets…
Claude Duet, Anthropic's proactive inbox assistant, comes free with the $20 Pro plan during its preview.
Its own FAQ admits it can flag the wrong things as urgent, with no data on how often that happens.
vector.news/articles/anthrop…
Intel's technology chief says chipmaking-tool supply could double the company's leading-edge wafer output, not the tenfold some expected.
ASML, the sole EUV toolmaker, says planned supply won't meet demand through 2028.
vector.news/articles/intel-c…
Intel's technology chief says the company is helping speed up Elon Musk's chip factory, built on an unfinished Intel process.
Terafab could cost up to $119 billion, and Tesla and SpaceX haven't settled who pays.
vector.news/articles/intel-h…
SpaceX is lining up $40 billion in financing at indicative rates near 8%, topping the 5.35%-6.65% coupons on its June bonds.
The comparison alone can't say how much of that gap is AI risk.
vector.news/articles/spacex-…
The chart plots SpaceX's existing bond coupons by maturity against the new financing's indicative rates: every new rate lands above the old curve, though the new debt's own maturities are unknown.
ALT Chart: SpaceX's indicated new rates sit above every June bond coupon. Coupon by maturity year on SpaceX's $25bn June 2026 unsecured notes versus approximate indicative rates reported October 22, 2026 (new-debt maturities unknown). Source: SpaceX pricing announcement (SEC Form 8-K exhibit 99.1), June 23, 2026; Semafor, citing people familiar with the financing, October 22, 2026