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AI, Meta and Zuckerberg
Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says—After Trump Announces Stargate Deal With OpenAI
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
By Jaspreet Singh (Reuters) -Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, CEO Mark Zuckerberg said on Friday, aiming to bolster the company's position against rivals OpenAI and Google in the race to dominate the technology.
Mark Zuckerberg is building an AI engineer to help with coding tasks at Meta, and ramping up spend to $65 billion
Mark Zuckerberg has announced a new spending plan for Meta which includes building an "AI engineer" to help with coding.
SK Hynix profit soars to a record high on AI boom
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.
SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand
South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.
Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.
6h
on MSN
AI might help the Beatles win their final Grammy. Will more veteran acts follow?
The Beatles' 'Now and Then' may win record of the year. Is it singular for the academy, or a boomer-rock harbinger?
5h
The Potential Of Generative AI Goes Way Beyond Productivity Assistants
We don’t have to wait five years for AI innovation to deliver across all its future manifestations; the future is indeed here ...
CoinDesk
2d
Crypto AI Tokens Soar as Bitcoin Awaits Trump Policies Below Record Prices
AI agent tokens AI16Z, ARC, GRIFFAIN led crypto market gains, buoyed by reports of a $500 billion private AI infrastructure ...
1d
Stock market today: Nasdaq jumps, S&P 500 nears record as Netflix, 'Stargate' AI project invigorate tech
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season ...
2d
Amid Record Cyberattacks, Identity Security Is A Must For Enterprises
To make the shift from manual, outdated systems to AI-driven access control, organizations need to follow a series of ...
Cryptopolitan on MSN
3h
Mukesh Ambani plans to build world’s largest AI data center
India could soon host the world's biggest data center by capacity through Reliance Group under billionaire Mukesh Ambani's ...
1d
on MSN
Will AI Influence the Oscar Race Amid ‘The Brutalist’ Backlash?
The use of AI in 'The Brutalist' sparked controversy, but the reality is that CG and digital effects have long been changing ...
1h
Trump's AI push puts data-center bonds in focus
Investors aren't getting a whole lot of extra compensation on highly rated corporate bonds these days with spreads near ...
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