A Chinese AI model built on a shoestring budget has shocked Silicon Valley and presented a major challenge to Donald Trump.
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
Meta CEO Mark Zuckerberg said his company is planning to invest $60 billion to $65 billion in capital expenditures this year while growing the size of the company’s AI teams “significantly.” Last ...
Rigetti Computing shares shot up 42% on Tuesday when President Donald Trump announced a new $500 billion AI investment initiative, Project Stargate.
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Microsoft, the largest investor in OpenAI and its principal cloud partner, is no longer the exclusive provider of computing capacity for the AI startup. OpenAI will now have the option to seek ...
Artificial intelligence (AI) stocks have been some of the best investments to be holding in recent years. Chipmaker Nvidia ...