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…
Google Rolls Out Apple-Like Message Summaries for Pixel Phones
Alphabet Inc.’s Google is adding new artificial intelligence features to its Pixel devices, including iPhone-like message summaries and…
CoreWeave Faces Earnings Pressure as Cracks Appear in AI Trade
After last week’s selloff, this is a tough time to be raising the issue of spending on artificial…
TSMC Monthly Sales Growth Slows as AI Demand Moderates
Taiwan Semiconductor Manufacturing Co. reported slowing growth in its revenue in October, potentially another indication that AI demand…
DoubleLine’s Cohen Sounds the Alarm on AI-Debt Funding Frenzy
Fixed-income investors should tread carefully when it comes to funding the artificial intelligence boom, according to DoubleLine Capital’s…
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…
Microsoft to Pursue Superintelligence After OpenAI Deal
Microsoft Corp. is pursuing a more powerful form of AI called “superintelligence” it hopes will be capable of…
US Has Most October Layoffs in Over 20 Years on AI and Cost Cuts
US companies announced the most job cuts for any October in more than two decades as artificial intelligence…
Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock
The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors…
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…
Mark Zuckerberg Net Worth Falls as Meta’s AI Spending Plan Spooks Investors
Mark Zuckerberg fell to fifth place on the Bloomberg Billionaires Index — the lowest in nearly two years…
AI Spending Is What Matters Most in Alphabet, Microsoft Earnings
Artificial intelligence is so essential to the three-year bull market in US stocks that updates on spending and…