-
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.The New York Times - 1d -
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this yearCNBC - 1d -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - 1d -
$60 billion in one year: Mark Zuckerberg touts Meta's AI investments
Meta CEO Mark Zuckerberg announced Friday that the company plans to build a massive data center in Louisiana to power its newest AI model, Llama 4, which is set to launch this year.NBC News - 1d -
Zuckerberg wants to spend billions more on AI. Meta investors like that idea.
Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. One analyst thinks up to $33 billion of that could go toward GPUs.MarketWatch - 1d -
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...The Hill - 1d -
Sudan needs our help — now
In 2004, I traveled to Darfur — What I witnessed then was terrible, but what is happening now in most of Sudan is much worse.The Hill - Jan. 18 -
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boomABC News - Jan. 16 -
World's biggest chipmaker TSMC posts record 2024 revenue as AI boost continues
TSMC manufacturers semiconductors for some of the world's biggest companies from Apple to Nvidia.CNBC - Jan. 10
More from CNBC
-
Aerial firefighting companies' new challenge: Keeping up with demand
Aerial firefighting companies supplement federal and state firefighting fleets, and their services are in high demand.CNBC - 16h -
CIA believes Covid-19 likely caused by lab leak, NBC News reports
"CIA continues to assess that both research-related and natural origin scenarios of the COVID-19 pandemic remain plausible."CNBC - 9h -
How China’s new AI model DeepSeek is threatening U.S. dominance
An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and with less-powerful chips than U.S. AI giants.CNBC - 1d -
Here's what CEOs are saying about DEI at Davos
On the ground in Davos, DEI has been the subject of conversation both on the record and behind closed doors.CNBC - 1d -
Crypto industry gets quick return on Trump investment after pouring millions into campaign
Trump's first week in office included executive orders, rule changes and pardons that pleased the crypto industry.CNBC - 18h
More in Business
-
Japanese investors dump Eurozone bonds at fastest pace in a decade
Net selling highlights how rising interest rates in Japan are reshaping global marketsFinancial Times - 1h -
‘Grossly irresponsible’: health experts urge US to control bird flu
Call for stronger action comes on warning of growing risk the virus will evolve to spread more easily between humansFinancial Times - 1h -
The world is moving on to trade without the US
Many nations have been responding to Trump tariffs not by retaliating but by courting other trade partnersFinancial Times - 1h -
Trump’s frenetic first week leaves corporate America struggling to keep up
Companies are trying to work out what a flurry of executive orders means for their businessesFinancial Times - 1h -
The Maga vision of corporate life will struggle
Davos shows how many companies are convinced diversity and environmental measures make financial senseFinancial Times - 1h