Latest in Meta to Increase Spending to $65 Billion This Year in A.I. Push
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Transfer spending up on last year with week to go
Manchester City are responsible for more than half of all money spent so far in this January transfer window - with one week until deadline day.BBC News - 2h -
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 - 2d -
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 - 3d -
Trump Announces $100 Billion Stargate A.I. Initiative With OpenAI, Oracle and SoftBank
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.The New York Times - 5d -
Big tech is spending billions on AI. How much time will Wall Street allow for the payoff?
Earnings Watch: Meta, Apple, Microsoft and Tesla report quarterly results, as analysts start to focus more on AI results. Earnings are also due from Starbucks and Boeing.MarketWatch - 1d -
Americans spend $900 billion a year on goods from Mexico and Canada. Tariffs could affect these prices the most.
Americans buy $900 billion a year in food, cars, TVs, toys, appliances and other goods from Mexico and Canada. The cost of these products could rise if President Trump carries out his threat to ...MarketWatch - 2d -
BBC reporter spends a year undercover to expose far-right group
I'm a BBC journalist, but for the past year I've been going undercover in a far-right group.BBC News - 2d -
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC.NBC News - 2d -
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 - 2d -
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 - 2d -
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
The pickup was especially fueled by millennials and Gen Z users, who spent more on experiences such as travel and entertainment.CNBC - 2d -
$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 - 2d -
Meta's increased AI spending helps both of our two chipmakers, but one especially
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - 2d -
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 - 3d -
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 - 3d -
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 - 3d -
Saudi Arabia Says It Will Increase U.S. Trade and Investment by $600 Billion
The Saudi media reported that Crown Prince Mohammed bin Salman had spoken with President Trump, who made the kingdom the first stop on his first overseas presidential trip in 2017.The New York Times - 3d -
Elon Musk Casts Doubt on Trump’s $100 Billion Stargate A.I. Announcement
Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 billion building data centers.The New York Times - 4d -
Early Facebook investor Jim Breyer says Zuckerberg has been 'revitalized' by Meta's AI push
Venture capitalist and early Facebook investor Jim Breyer said Meta CEO Mark Zuckerberg has been energized by his company's recent push into AI.CNBC - 4d -
Live Events Push Boosts New Netflix Subscribers to 19 Million In Year-End Quarter
Viewers responded when the streaming service expanded its live sports and other events, pulling in 46 percent more subscribers than the three-month period a year ago, even as it hikes prices.Inc. - 4d -
Trump Announces $100 Billion Stargate A.I. Initiative With OpenAI, Oracle and SoftBank
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.The New York Times - 5d -
Colts hire Lou Anarumo: Respected defensive coordinator stays in AFC after spending past 6 years with Bengals
Anarumo spent the past six years in CincinnatiCBS Sports - 5d -
Meta pushes back on claims that it's boosting Trump on Facebook and Instagram
Meta is countering claims that it boosted President Donald Trump and his administration on Facebook and Instagram as it came into office Monday.NBC News - 5d -
As Hollywood reels, Netflix’s streaming lead is intact ahead of earnings. But expect price increases this year.
Ahead of its fourth-quarter earnings results on Tuesday, analysts say Netflix’s streaming dominance is still intact.MarketWatch - Jan. 20 -
Goodbye TikTok, Ni Hao RedNote? + A.I.’s Environmental Impact + Meta’s Masculine Energy
“This is truly one of the funniest and most unexpected stories of the young year so far.”The New York Times - Jan. 17 -
Increased December Consumer Spending Bodes Well for 2025 Growth
New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.Inc. - Jan. 16 -
Masayoshi Son Bet Billions on the iPhone—3 Years Before It Existed
How SoftBank CEO Masayoshi Son convinced Steve Jobs to make the deal of the century.Wired - Jan. 16 -
A.I. Military Start-Up Anduril Plans $1 Billion Factory in Ohio
The company said its Columbus plant could eventually produce tens of thousands of autonomous systems and weapons each year.The New York Times - Jan. 16 -
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - Jan. 14 -
Meta announces 5% cuts in preparation for 'intense year.' Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.NBC News - Jan. 14 -
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Meta Goes MAGA Mode + a Big Month in A.I. + HatGPT
“I think this set of changes that the company announced this week are the most important series of policy changes that they have made in the past five years.”The New York Times - Jan. 10 -
'I can't spend another five years in my caravan'
A Doncaster mum suffers her second major flood in five years.BBC News - Jan. 7 -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - Jan. 7 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.NBC News - Jan. 6 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice left the company at the end of 2024 after 3½ years in the role.CNBC - Jan. 6 -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - Jan. 4 -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - Jan. 3 -
GTA 6 Could Sell 40 Million Copies And Make $3 Billion In First Year Alone
According to a research company, Grand Theft Auto VI could bring in more than $3 billion in total revenues during the first 12 months after launch. A report from Financial Times cites data from ...GameSpot - Jan. 2
