From cheap tool to premium subscription: When a beloved app's price skyrockets

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• Sources: Meta's $25B share sale was oversubscribed 5x as it seeks $98B for AI spending; the 15 largest investors in the sale accounted for ~70% of shares (Anthony Hughes/Bloomberg)

  Meta Platforms Inc.'s $25 billion share sale, which sought $98 billion for AI spending, was oversubscribed 5x as it aimed to raise $98 billion. The 15 largest investors in the sale accounted for approximately 70% of the shares.

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• AI debt fears ease ahead of Oracle, Alphabet and Amazon updates. Here's what to watch.

  Oracle, which is holding its Investor Day on Wednesday, will follow up with Alphabet and Amazon, who are scheduled to report their quarterly results after the market close on Wednesday and Thursday, respectively. Credit markets are on edge over a flood of AI debt, but fears have somewhat eased in recent days. Meta Platforms' plans for a $95 billion stock offering, announced on Monday, helped bring down its credit-default swap (CDS) spreads.

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• India Inc wants AI talent to transform mfg space

  India's manufacturing sector is expanding its AI capabilities, seeking executives skilled in integrating algorithms with manufacturing processes, quality, and costs. Companies like Honeywell Technologies, RPG Group, and ITC are building AI and digital leadership. The demand for AI talent is growing across various industries, including automotive, auto components, textiles, chemicals, agri-inputs, pharmaceuticals, tyres, and consumer goods. The US remains the leading hunting ground for Indian-origin executives, fol…

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