Latest in Big Ai Spending
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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 -
Amex customers have been spending big on first-class and business-class seats
While American Express cardholders spent 8% more in the fourth quarter, they spent 13% more on flights.MarketWatch - Jan. 24 -
Record deal for Girma signals arrival of big-spending era in women’s football | Tom Garry
Chelsea are signing the USA defender for a world-record $1.1m but the big gap to the rest of the pyramid is unhealthy. When Chelsea broke the British transfer record to sign the Colombia striker ...The Guardian - Jan. 24 -
Twilio hits a milestone and cheers a big AI moment for customer communications
Twilio’s stock is surging after the company gave upbeat initial results and talked up its long-term opportunity.MarketWatch - Jan. 24 -
CEOs of 4 big portfolio companies dish on AI, cyber, banking, and Trump from Davos
It's that time of year when business tycoons and influential world leaders gather in Davos.CNBC - Jan. 22 -
FirstFT: Trump kicks off big infrastructure shifts with AI project and green rollbacks
Also in today’s newsletter, ByteDance’s $12bn AI plans, and Alex Soros has Lunch with the FTFinancial Times - Jan. 22 -
Why Trump may need big companies to spend less on stock buybacks
Tech companies have gone big on stock buybacks, but the industry may need to spend more on capital expenditures to realize the president’s economic goals.MarketWatch - Jan. 22 -
From big moments to big worries - what's the script with Celtic's Idah?
Adam Idah produced more than one heroic moment during his loan spell with Celtic last season, received a hero's welcome when he made the permanent switch, but, so far, he's struggling to reach the ...BBC News - 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 -
Oracle, Nvidia and other Big Tech stocks jump as Trump rolls out Stargate AI initiative
President Trump announced a major AI infrastructure investment of “at least $500 billion,” signaling a willingness to work alongside large tech companies.MarketWatch - Jan. 21 -
Stirewalt: Will Trump invest his political capital or spend it?
Do you feel like “sunlight is pouring over the entire world?” It probably depends on whether you voted for the man who offered those sentiments about his own reascendance to the presidency this ...The Hill - Jan. 21 -
The key moments in Trump’s big speech
The president made a lot of promises, from more drilling to renaming the Gulf of MexicoFinancial Times - Jan. 21 -
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 -
Severance spending at top UK universities surges
FT analysis shows drop-off in overseas enrolments pushed redundancy payouts up by more than a fifth in 2024Financial Times - Jan. 19 -
A Big, Bold TikTok Ban
Banning the popular app is audacious. It’s also a sign that officials really believe the alternative is unacceptable.The New York Times - Jan. 18 -
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 -
Bessent's big day
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's Treasury nominee takes center stage Scott Bessent, President-elect ...The Hill - Jan. 16 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
What caused the fires, and how big are they?
Everything you need to know about the blazes that have forced thousands to leave their homes.BBC News - 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 -
Whitehall braced for spending cuts after UK hit by bond market turmoil
Rising gilt yields mean government departments may face further squeezeFinancial Times - 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 -
Cohere co-founder sees big AI opportunity in enterprise, happy to stay out of ChatGPT's way
Cohere on Thursday debuted its early access program for its AI agent platform called North, as it deepens its focus on the enterprise.CNBC - Jan. 9 -
New York Yankees Done With Big Spending in Busy Offseason
The New York Yankees are done signing high-priced free agents, a source with knowledge of their situation said. That leaves coveted players such as Pete Alonso and Alex Bregman among the 164 free ...Yahoo Sports - 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 -
‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending
Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...NBC News - Jan. 8 -
Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - Jan. 8 -
'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 -
Israel Needs to Go on the Offensive, Boost Military Spending, Commission Urges
More military spending is needed to orient Israel’s military toward an attack posture, an Israeli government commission warned.The Wall Street Journal - Jan. 7 -
Titans fire GM Ran Carthon after two seasons despite big spending spree
The Tennessee Titans fired general manager Ran Carthon after just two seasons on the job and a 9-25 recordABC News - 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 -
Nvidia Bets Big on Robots and More
The chipmaker, which has led a rally in artificial intelligence stocks, laid out a vision for dominating so-called physical A.I. Investors appeared impressed.The New York Times - Jan. 7
