Big Tech’s Big Bet on AI Driving $344 Billion in Spend This Year Bloomberg.com Who will pay for the trillion-dollar AI boom? The Economist Big tech has spent $155bn on AI this year. It’s about to spend hundreds of billions more The Guardian Big tech sees AI investments begin to pay off Axios Silicon Valley’s New Strategy: Move Slow and Build Things – WSJ The …
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Microsoft to spend record $30 billion this quarter as AI investments pay off – Reuters
Microsoft to spend record $30 billion this quarter as AI investments pay off Reuters Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club CNBC Microsoft set for $4 trillion market cap after posting Q4 beat on top and bottom line on cloud, AI strength Yahoo Finance Microsoft’s stock surges after earnings. Here’s the biggest number from the report. MarketWatch …
Read More »Meta to spend hundreds of billions on AI data centres, says Mark Zuckerberg
Meta’s founder Mark Zuckerberg has said the social media giant will spend hundreds of billions of dollars on building huge AI data centres in the US. The first multi-gigawatt data centre, called Prometheus, is expected to come online in 2026, Zuckerberg said. He said one of the sites would cover an area nearly the size of Manhattan (59.1 sq km/22.8 …
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