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Alphabet's $80 Billion Stock Gambit: Fueling Google's Unprecedented AI Push
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Key Takeaways: Historic Funding Pivot: Alphabet’s plan to raise up to $80 billion in equity marks a significant departure from its long-standing strategy of relying on internal cash flow and debt, signaling the unprecedented capital demands of the AI arms race. It’s the…
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Jaguar Land Rover boss: Brexit threatens £80bn UK investment
Jaguar Land Rover boss: Brexit threatens £80bn UK investment
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Jaguar Land Rover has warned that a “bad” Brexit deal would hit its profits and threaten its £80bn investment plans.
The UK’s biggest carmaker, owned by India’s Tata Motors, said its “heart and soul is in the UK”.
But it said that without frictionless trade its UK investment plans would be in “jeopardy”.
The…
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