That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double a year earlier. The bulk of it went on chips and data centers to power generative AI services. Read w ...
Chinese state-linked social media accounts amplified narratives celebrating the launch of Chinese startup DeepSeek's AI ...
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
In a recent post, Zuckerberh outlined how Meta plans to build a 2GW+ data centre. Zuckerberg also mentioned that by the end ...
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
Microsoft (MSFT), and Meta Platforms (META) reported earnings after Wednesday's closing bell, as investors weigh which Big ...
By Deborah Mary Sophia and Joel Jose (Reuters) -Investors punished Microsoft with a 6% share drop on Thursday as hefty AI ...
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...
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