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Meanwhile, Microsoft’s CEO Satya Nadella isn’t resting on the company's laurels, either. In its cloud business, Azure, ...
Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions ...
Eight American companies are worth $1 trillion or more, but only Nvidia, Microsoft, and Apple have surpassed the $3 trillion ...
Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...
The billions of dollars Big Tech has poured into artificial intelligence (AI) development seems to be paying off as companies show they can produce results, earning Wall Street’s stamp of approval ...
Both tech giants raised their capital spending on AI. Read more at straitstimes.com. Read more at straitstimes.com.
Investors continue to underestimate artificial intelligence (AI), the secular tailwinds behind the chipmaker's supercharged ...
Big Tech firms announced increased spending on AI data centers and growing revenues from AI in their earnings reports this ...
Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after ...
Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming ...
Nvidia’s (NASDAQ:NVDA) ascent to a $4.3 trillion market capitalization has cemented its status as a titan in the tech world ...
Meta delivered 22% revenue growth to $47.52 billion as AI investments fuel improved ad monetization. On the earnings call, co ...