SuperMe raising $20 million for AI network built on experts’ knowledge
Kirsten Green at Forerunner is leading the funding, with Greylock Partners participating. The startup plans to charge users who exceed a question limit.
Microsoft plans roughly $25 billion US bond offering
The proposed sale would be its first US investment-grade debt offering in more than nine years, as technology companies seek funding for AI investments.
Microsoft aims to borrow about $25 billion in the US investment-grade bond market, a person familiar with the matter said on October 29. The company has not sold such debt in the United States for more than nine years.
A regulatory filing that Microsoft cited confirmed the planned offering but gave no amount. According to a media report, the company could divide the debt into as many as 10 tranches, spanning maturities of two to 40 years. The size remained undecided and could vary with demand.
The same report named Wells Fargo, JPMorgan Chase and UBS Group AG as the banks managing the transaction. UBS and Wells Fargo declined to comment, while JPMorgan did not immediately respond.
The financing plans follow comments by Microsoft CFO Amy Hood on an earnings call on October 28. Hood said the company would consider additional funding when attractive, citing a desire to protect cash flows and maintain financial flexibility.
Large technology companies have increasingly used debt and equity financing over the past year to support AI spending, rather than relying on their cash reserves. Microsoft expects free cash flow to remain positive during its current fiscal year, which ends in June 2027.