AI Capital Spending Surge Persists as Market Stress Emerges, Executives Say
The AI-driven boom will ease up at some point in the future but not yet, Diameter Capital Partners…
Space-Based Solar Power Is a Solution in Search of a Problem
A Dyson Sphere is a theoretical structure built around a star to tap all of its energy. It’s…
Jane Street Invests $1 Billion in CoreWeave, Boosts Spending Plans
Jane Street Group, a trading firm, has taken an additional $1 billion stake in AI cloud services provider…
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…