Latest in Spending Billions Ai
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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 - 3h -
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 - 4h -
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 -
Denmark to spend billions more on Arctic security
The move comes after President Donald Trump said he wants to acquire Greenland, an autonomous Danish territory.BBC News - 2d -
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 - 2d -
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 - 3d -
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 - 4d -
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 - 5d -
$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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
Trump’s $500 billion AI moonshot: Ambition meets controversy in ‘Project Stargate’
Trump unveils ambitious $500 billion 'Project Stargate' AI initiative with tech giants OpenAI, Oracle, and SoftBank, sparking controversy as Elon Musk questions funding and environmentalists raise ...VentureBeat - 6d -
Oracle Shares Surge as Trump Reveals $500 Billion AI Plan
Oracle saw massive growth today.Inc. - Jan. 22 -
Behind Trump's AI initiative worth billions
President Trump announced a private sector investment to build data centers in the United States that will support artificial intelligence. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Jan. 22 -
Trump highlights partnership investing $500 billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBankABC 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 -
Tech Leaders Pledge Up to $500 Billion in AI Investment in U.S.
OpenAI, Oracle and SoftBank unveiled AI infrastructure plans at White House.The Wall Street Journal - Jan. 21 -
Trump announces $500 billion AI infrastructure project
President Trump announced a $500 billion investment into artificial intelligence infrastructure on his first full day in office. His announcement was made alongside the heads of three leading ...CBS News - Jan. 21 -
Trump announces up to $500 billion investment to build AI infrastructure
President Trump on Tuesday announced the creation of a new project to invest up to $500 billion in building the infrastructure needed for artificial intelligence (AI) development over his second ...The Hill - Jan. 21 -
Trump to announce up to $500 billion in private sector AI infrastructure investment
President Trump is announcing billions in private sector investment by OpenAI, Softbank and Oracle to build AI infrastructure in the U.S.CBS News - Jan. 21 -
Trump announces $500 billion investment in 'colossal' AI data centers
The 47th president is meeting with congressional leaders this afternoon and plans to deliver remarks from the White House later today.NBC News - Jan. 21 -
New AI tool for fighting health insurance denials could save hospitals billions, and help patients
Waystar announced a new generative AI feature that aims to help hospitals quickly fight insurance denials.CNBC - Jan. 13 -
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...MarketWatch - Jan. 10 -
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.Inc. - Jan. 8 -
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 -
Ozempic maker Novo Nordisk, after trial disappointment, expands AI deal in potential $4.6 billion pact
At least four analysts weighed in on the prospects for Europe’s second-largest company, Novo Nordisk, after the Danish drugmaker reported disappointing results for its next-generation weight-loss ...MarketWatch - Jan. 8 -
Anthropic’s $60 billion valuation would obscure a stark reality in AI
Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...MarketWatch - Jan. 8 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - 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 -
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 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - 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
