Meta to Increase Spending to $65 Billion This Year in A.I. Push
Read more at The New York Times
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Meta and Microsoft Double Down on Huge A.I. Spending, Despite DeepSeek Threat
Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.The New York Times - 15h -
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 - 1d -
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 - 1d -
Meta’s Reality Labs posts $5 billion loss in fourth quarter
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Soaring egg prices are expected to continue to increase this year
According to the CBS News price tracker, a dozen eggs cost $4.15 currently, compared to $2.51 a year ago, which is a 65% increase. The USDA says egg prices are predicted to increase 20% this year ...CBS News - 1d -
Faced by Trump’s Interest in Greenland, Denmark Will Increase Military Spending in Arctic
The prime minister does a European tour while announcing more spending on security around the island, following President Trump’s stated desire to have Greenland, a semiautonomous Danish territory, ...The New York Times - 2d -
Chip Roy says he's not at GOP retreat, 'spending $2K to hear more excuses for increasing deficits'
Rep. Chip Roy (R-Texas) confirmed he was not in attendance at the Florida retreat for House Republicans while taking a shot at those who were present. “It is being reported I am not at the ...The Hill - 2d -
Denmark increasing military spending amid Trump Greenland acquisition talk
Denmark this week announced a $2 billion security package for Greenland, making another large commitment to the defense of the Arctic nation as President Trump repeatedly calls to acquire the ...The Hill - 2d -
SoftBank-backed TravelPerk doubles valuation to $2.7 billion, plans fintech push
Corporate travel platform TravelPerk raised $200 million from investors including Atomico and EQT in a funding round valuing the startup at $2.7 billion.CNBC - 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 - 3d -
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 - 3d -
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 - 3d -
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 - 4d -
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 - 5d -
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 - 6d -
$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 - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
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 - Jan. 24 -
Game Developers Fear AI Threats as Studios Push Initiatives
A new survey reveals how deeply AI technology has penetrated the video game business, and how many workers hate it.Inc. - Jan. 23 -
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 - 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 -
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 -
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 - Jan. 21 -
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 -
German defence minister says military spending must keep increasing
Yahoo News - Jan. 13 -
UK pledges huge increase in computing capacity to build AI industry
Labour to expand sovereign computing power in response to report by British venture capitalistFinancial Times - Jan. 12 -
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 -
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 -
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
More from The New York Times
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Musk’s Twitter Takeover Offers Trump a Blueprint
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OpenAI Says DeepSeek May Have Improperly Harvested Its Data
The San Francisco start-up claims that its Chinese rival may have used data generated by OpenAI technologies to build new systems.The New York Times - 1d -
Why Trump Picked a Science Advisor, Michael Kratsios, Who Isn’t a Scientist
Michael Kratsios, who served in the White House and Defense Department in the first Trump administration, is a policy specialist on artificial intelligence.The New York Times - 1d -
How DeepSeek Changed the A.I. Game
What is DeepSeek, and why did it cause the markets and U.S. tech giants to quake? Cade Metz, a technology reporter for The New York Times who writes about artificial intelligence, explains.The New York Times - 2d -
Elon Musk’s X Partners With Visa to Provide Financial Services
The social media company said it would start a peer-to-peer payments service, moving to expand the app’s abilities.The New York Times - 2d
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