Meta Pledges $1 Billion to Build AI Data Center in Wisconsin
Meta Platforms Inc. is spending more than $1 billion to build a data center in Wisconsin that will…
ECB’s Schnabel Sees Price Risks Tilted ‘a Little Bit’ to Upside
Risks to inflation in the euro zone are skewed to the upside as the economy gathers momentum and…
Cerebras to Help Build Guyana Data Center, Unveils Sovereign AI Push
Cerebras Systems Inc. is teaming up with the government of Guyana on a multibillion-dollar deal to build the…
Nuclear Startup Fermi Invokes Manhattan Project in AI Race
US efforts to develop artificial intelligence systems and the nuclear-energy infrastructure needed to power them are comparable to…
Microsoft to Invest $10 Billion in AI Data Hub in Portugal
Microsoft Corp. will spend $10 billion on an artificial intelligence data center along the Portuguese coast, marking one…
Microsoft Eyes Longest Selloff Since 2011 as AI Trade Weakens
Microsoft Corp. is on track for its longest streak of daily losses in more than a decade as…
Ex-Banker Brothers Worth $850 Million After Microsoft AI Deal
For a few years, Daniel and Will Roberts’ Bitcoin-mining venture was a wild ride. The former Macquarie Group…
China’s AI Boom Fuels Rally in Power Stocks as Next Winner
Chinese power stocks are headed for their best week in years as investors bet on the surging energy…
Altman Says OpenAI Doesn’t Want a Government Bailout For AI
OpenAI Chief Executive Officer Sam Altman pushed back at the idea that the company would seek federal guarantees…
Qualcomm CEO Says the World Is Underestimating How Big AI Will Get
The promise of artificial intelligence has already upended the economy and added trillions of dollars in market value…
OpenAI CFO Says Bubble-Wary Market Needs More AI ‘Exuberance’
OpenAI Chief Financial Officer Sarah Friar suggested the market is overly focused on anxiety about a possible bubble…
Nebius Releases Platform to Run Open Models, Rivaling Microsoft
Nebius Group NV, an artificial intelligence cloud provider, is releasing a new product meant to offer access to…