"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core products and business."

When there's an innovative technology that's useful to the general population and it's affordable, people will use it, said Vic Shao, founder of DC Grid, which delivers off-grid, direct current power to data centers and electric vehicle charging stations.

The project will bring together OpenAI, SoftBank (SFTBY), and Oracle (ORCL) to invest in American artificial intelligence ... Meta’s social media portfolio includes Facebook, Instagram, WhatsApp, and Threads. Threads has already surpassed 275 million ...

Meta Platforms METAO opens new tab plans to spend as much as 65 billion this year to expand its AI infrastructure CEO Mark Zuckerberg said on Fr

CEO Mark Zuckerberg announced that Meta Platforms (META.O) plans to invest as much as $65bn in 2025 to expand its artificial intelligence (AI) infrastructure. This substantial investment aims to bolster Meta’s AI capabilities and strengthen its competitive position against rivals such as OpenAI and Google in the rapidly evolving AI market.

Chinese AI app not working properly amid huge interest in ChatGPT competitor - DeepSeek says its AI model is similar to US giants like OpenAI, despite fears of censorship around issues sensitive to Be

Welcome to the latest edition of “Sector Spotlight,” where The Fly looks at a new industry every week and highlights its happenings. Invest

Meta Platforms (META) plans to invest $60 billion to $65 billion in capital expenditures in 2025 as the social media giant looks to expand its artificial intelligence infrastructure, Chief Executive Mark Zuckerberg said Friday.

Tech giant Oracle (ORCL) recently revealed its latest AI agents that are designed to support supply-chain workers in various roles, from

ORCL has been a beneficiary of the ongoing generative AI boom, as observed in the double digits cloud licenses growth over the past two years. These have already contributed to the expanding RPOs ...

Goldman Sachs is forecasting IaaS revenue to grow to $580 billion in 2030. This opportunity has already supercharged Oracle's cloud infrastructure business. Its IaaS revenue in the second quarter of fiscal 2025 (which ended on Nov. 30, 2024) increased 52% year over year to $2.4 billion.

Oracle looks like a big winner from the new Stargate Project. The tech giant began working more closely with OpenAI last summer. Oracle is outgrowing leaders like Amazon in cloud-infrastructure revenue.