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AI News Today: OpenAI Cuts Funding Goal by $10B as AI Stocks Slide
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S&P Warns Meta as AI Spending Heads Past $225 BillionMeta could burn through about $132 billion in free cash flow over three years, and one rating agency just said it no longer believes the spending will slow down. S&P Global Warns Meta Over Its AI Spending, November 1, 2026 S&P Global moved its outlook on Meta from stable to negative, warning that AI capital spending could top $225 billion next year, push free cash flow deeply negative, and lift lease driven leverage past its downgrade threshold by 2027. Rick Spair and Laura unpack the numbers, why Meta was singled out while cloud rivals were not, and what business leaders should take from it.
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— Curated by the Editor
Rick Spair · Founder & Editor
Rick is a 30+ year technology veteran providing digital transformation and artificial intelligence consulting and solutions for Fortune 500 and mid-size organizations while consistently exceeding revenue expectations. Rick has written 19 books, produces and hosts the DX Today podcast, and curates all of the content available on the DX Today site.
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