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AI, Meta and Zuckerberg
Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says—After Trump Announces Stargate Deal With OpenAI
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
(Reuters) -Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday, joining a wave of Big Tech firms unveiling hefty investments to capitalize on the technology.
Meta to Spend as Much as $65 Billion on AI Efforts in 2025
Meta Platforms Inc. plans to invest as much as $65 billion on projects related to artificial intelligence in 2025, including building a giant new datacenter and increasing hiring in AI teams, Chief Executive Officer Mark Zuckerberg said Friday.
SK Hynix profit soars to a record high on AI boom
Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.
SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand
South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.
15m
Trump's AI push puts data-center bonds in focus
Investors aren't getting a whole lot of extra compensation on highly rated corporate bonds these days with spreads near ...
5h
on MSN
AI might help the Beatles win their final Grammy. Will more veteran acts follow?
The Beatles' 'Now and Then' may win record of the year. Is it singular for the academy, or a boomer-rock harbinger?
CoinDesk
2d
Crypto AI Tokens Soar as Bitcoin Awaits Trump Policies Below Record Prices
AI agent tokens AI16Z, ARC, GRIFFAIN led crypto market gains, buoyed by reports of a $500 billion private AI infrastructure ...
4h
The Potential Of Generative AI Goes Way Beyond Productivity Assistants
We don’t have to wait five years for AI innovation to deliver across all its future manifestations; the future is indeed here ...
1d
Stock market today: Nasdaq jumps, S&P 500 nears record as Netflix, 'Stargate' AI project invigorate tech
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season ...
Cryptopolitan on MSN
2h
Mukesh Ambani plans to build world’s largest AI data center
India could soon host the world's biggest data center by capacity through Reliance Group under billionaire Mukesh Ambani's ...
4d
Where Will BigBear.ai Stock Be in 10 Years?
BigBear.ai (NYSE: BBAI) has disappointed a lot of investors since its public debut. The artificial intelligence (AI) software ...
1d
on MSN
S&P 500 hits record high with boost from Netflix results, AI investment plan
Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered ...
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