Latest in Ai Spending Plan
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Alphabet's big AI spending plan is more good news for 2 chip stocks shaken by DeepSeek
Amazon, which is set to report its quarter after Thursday's closing bell, remains an unknown. But three for three so far is not too bad.CNBC - 9h -
Snip, snip: Spending cuts are coming
The federal debt has exploded to $36 trillion and annual deficits now approach $2 trillion fThe Hill - 1d -
How to spend it in February
HTSI writers pick the best food, fashion, auctions, exhibitions and adventures for the month aheadFinancial Times - 5d -
Zuckerberg says Meta won't slow down AI spend despite DeepSeek's breakthrough
Meta CEO Mark Zuckerberg said China-based DeepSeek has created a powerful artificial intelligence model, but it won't likely curb Meta's AI spending.CNBC - Jan. 30 -
Forget DeepSeek. Zuckerberg says Meta will spend hundreds of billions on AI.
Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.”MarketWatch - Jan. 30 -
The Bond Market Is Flashing a Warning about Trump Tariff and Spending Plans
Fears of inflation and more debt are already making borrowing more expensive.The New York Times - Jan. 29 -
Steinbrenner: 'Difficult' to spend like Dodgers
Yankees owner Hal Steinbrenner said it is "difficult" for other teams to keep up with the Dodgers' offseason spending.ESPN - Jan. 29 -
Federal judge temporarily blocks Trump plan to pause federal aid spending
A federal district judge on Tuesday issued a one-week administrative stay in a case challenging the Trump administration’s plan to freeze federal aid. The Trump administration says its plan to ...NBC News - Jan. 28 -
Mark Zuckerberg Plans to Replace Some Coders With AI, Which Might Prove Tricky
Midlevel staff are often the first targets of corporate downsizing efforts, but Meta’s plan to replace an entire tier of people with AI is a new wrinkle on an old story.Inc. - Jan. 28 -
Tech stocks slump as China’s DeepSeek stokes fears over AI spending
Nvidia loses almost $600bn in market value on worries US groups are facing a ‘Sputnik moment’Financial Times - Jan. 27 -
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 - Jan. 26 -
A look at Trump's NATO spending targets
Presented by Lockheed Martin — The U.S. spends around 3 percent of economic output on defense {beacon} Defense &National Security Defense &National Security The Big Story Unpacking Trump's push ...The Hill - Jan. 24 -
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 - Jan. 24 -
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 - Jan. 24 -
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 - Jan. 24 -
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 - Jan. 24 -
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 - Jan. 24 -
Oracle Shares Surge as Trump Reveals $500 Billion AI Plan
Oracle saw massive growth today.Inc. - Jan. 22 -
Trump may not like wind power, but Stargate AI plan is a boon for GE Vernova
GE Vernova’s stock was rallying toward a sixth straight record close Wednesday as optimism over how the power business will benefit from President Trump’s AI plan overshadowed weakness in wind.MarketWatch - Jan. 22 -
TikTok-owner ByteDance plans to spend $12bn on AI chips in 2025
Chinese owner of video app seeks growth from AI as its social media business comes under pressure in USFinancial Times - Jan. 22 -
Biden to Spend a Last Day as President in Charleston
President Biden will spend his final full day in office in Charleston, S.C., where five years ago he revived his flailing campaign.The New York Times - Jan. 19 -
5 ways to spend less money in 2025
Economic issues are straining people's finances, but these tactics can help you free up cash and spend less money.CBS News - Jan. 17 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
PM plans to 'unleash AI' across UK to boost growth
Leading tech firms are said to have committed £14bn towards the project, which could create more than 13,000 jobs.BBC News - Jan. 13 -
What are the challenges facing the government's AI action plan?
Sir Keir Starmer has unveiled proposals which he says will make the UK 'one of the great AI superpowers'.BBC News - Jan. 13 -
UK companies plan to invest in AI instead of hiring staff as costs rise
A new poll says 51 per cent of business leaders aim to redirect investment this yearFinancial Times - Jan. 13 -
How a Driving Instructor to the Stars Spends Her Sundays
Shanti Gooljar grabs some coffee before eight hours of heart-racing driving lessons around New York City. She caps off her day by having dinner with her son.The New York Times - Jan. 11 -
Reeves faces 'difficult decisions' on tax and spending
The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.BBC News - Jan. 10 -
Why are the A's spending big this winter as they relocate to Sacramento?
Brent Rooker's $60 million extension marks the latest expenditure for the typically thrifty A's.Yahoo Sports - Jan. 9 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Biden administration planning new AI chip export limits that would hit Nvidia, report says
The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.MarketWatch - Jan. 9 -
Bond market ‘police’ are back as investors patrol spending plans
Debt market flare-ups show growing pushback against governments’ loose fiscal policiesFinancial Times - Jan. 9 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Delta Just Announced Its Plan to Use AI to Solve the Worst Thing About Traveling
A new in-app concierge relies on AI to give customers a personalized experience.Inc. - Jan. 8 -
Sources: A's keep spending with Rooker extension
Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...ESPN - Jan. 7 -
Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows
Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.NBC News - Jan. 7 -
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.CNBC - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7