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Nvidia shares sold off sharply this spring, fueled by increased worry that spending on artificial intelligence infrastructure ...
Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...
Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions ...
Both tech giants raised their capital spending on AI. Read more at straitstimes.com. Read more at straitstimes.com.
Nvidia welcomed Microsoft to the exclusive $4 trillion club as America's tech giants plow through growing demand for ...
S&P 500 and Nasdaq futures climbed to record levels on Thursday, after blockbuster earnings from Meta and Microsoft signaled ...
Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming ...
Big Tech firms announced increased spending on AI data centers and growing revenues from AI in their earnings reports this ...
Andrew Tulloch, a high-profile AI researcher and co-founder of Thinking Machine Lab has reportedly refused to join Meta's MSl ...
Meta delivered 22% revenue growth to $47.52 billion as AI investments fuel improved ad monetization. On the earnings call, co ...
Nvidia’s (NASDAQ:NVDA) ascent to a $4.3 trillion market capitalization has cemented its status as a titan in the tech world ...
Microsoft and Meta both beat earnings expectations by large amounts and the reason was because of AI helping their basic ...