Meta Defies AI Spending Gloom With Its Record-Breaking Bond Sale
Meta Platforms Inc. found record-shattering demand for its bond sale on Thursday even as its shares plunged, in…
Samsung’s Chip Profit Soars After AI Fuels Demand for Memory
Samsung Electronics Co.’s semiconductor arm reported a bigger-than-expected 80% surge in profit, suggesting global AI demand is helping…
Amazon to Invest Another $5 Billion in South Korea Data Centers in AI Push
Amazon.com Inc. is setting aside another $5 billion for investment in South Korean data centers, sharply ramping up…
SK Hynix Posts Record Profit After AI Boom Fuels Chip Demand
SK Hynix Inc. reported a 62% jump in profit and revealed it’s sold its entire memory chip lineup…
What Is AGI? Why OpenAI, Anthropic Are Targeting Artificial General Intelligence
In the three years since ChatGPT’s release, tech companies in the US and China have invested hundreds of…
Instagram Is ‘Exploring’ a Dedicated TV App in Video Push
Instagram is exploring building a dedicated TV app as part of a deeper push into video, a move…
Alphabet Shares Surge on AI Strength, Biggest Quarterly Gain Since 2005
Alphabet Inc. shares closed out their biggest quarterly gain in 20 years, the latest reflection of how investors…
Meta Is Said to Acquire Chips Startup Rivos to Push AI Effort
Meta Platforms Inc. is acquiring chips startup Rivos Inc., according to a person familiar with the deal, part…
CoreWeave Inks $14 Billion Meta Deal, Highlighting AI Demand
CoreWeave Inc. has signed a deal to supply Meta Platforms Inc. with as much as $14.2 billion worth…
Meta Needs a Cultural Change to Build Safe AI
“Move fast and break things.” If there’s a single corporate motto you can identify off the top of…
Microsoft to Put More Computing Power Behind In-House AI Models
Microsoft Corp. plans to expand its physical infrastructure to train its own artificial intelligence models that it hopes…