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S&P turns negative on Meta credit-rating outlook over AI spending concerns

S&P turns negative on Meta credit-rating outlook over AI spending concerns

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New Delhi, October 31 (IANS) S&P Global Ratings revised its outlook on US-based Meta Platforms to negative from stable in its AA- credit rating, citing mounting pressure on the tech giant's balance sheet from high artificial intelligence-related spending.The company's rising leverage, a measure of…

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