🇺🇸 AI capex keeps climbing: Meta commitments jump USD 105bln, Tesla lines up USD 30bln and weighs SpaceX tie-up; 🇨🇳 DeepSeek raises USD 15bln

🇺🇸 AI capex keeps climbing: Meta commitments jump USD 105bln, Tesla lines up USD 30bln and weighs SpaceX tie-up; 🇨🇳 DeepSeek raises USD 15bln

• 🇺🇸 Meta disclosed a USD 105bln quarter-on-quarter jump in non-cancellable contractual commitments, alongside a surge in lease obligations not yet started, per newswires (10:07 GMT, 14:07 Dubai)
• 🇺🇸 Tesla says it signed three credit agreements in September totalling USD 30bln for planned investment, and confirms a committee to explore a deeper relationship with SpaceX, including a possible combination, per newswires (10:06 to 10:08 GMT, 14:06 to 14:08 Dubai)

FO view: Fresh commitments and debt-funded spending show AI capex still accelerating even with oil above 110, which supports the AI build-out theme while adding to questions over how it is financed.

22 Oct 2026, 14:21 GST | 11:21 UK (BST)

Not investment advice.