Google, Meta and the AI ‘hyperscalers’ are on a $1 trillion borrowing binge after years of printing cash. Here’s why Big Tech’s pivot to debt matters

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The deal got done at a $250 million post-money valuation, and as of February, Apptronik is valued at more than $5 billion. Zeplain says he can’t always predict which businesses succeed, but he’s gotten quite good at understanding which people will succeed. “This is not one-size-fits-all,” said Zeplain. “Sure, there are certain tenets you can repeat and reuse. But this is a tailored approach to who someone is.”

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