Meta credit outlook turns negative on AI spending

The State of Tech, The European Edition of Monday 2 November 2026


S&P Global Ratings turns Meta's credit outlook negative as AI spending balloons

Microsoft offers around sixty thousand employees a voluntary exit program

Elon Musk says Grok's running costs are unsustainably high

AI moves into companion dolls with conversational and cloud-connected features

The Artificial Analysis Intelligence Index shows which AI models lead on quality and speed

Moonshot AI's Kimi becomes the first non-US model in the index's top five