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Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions ...
Investors continue to underestimate artificial intelligence (AI), the secular tailwinds behind the chipmaker's supercharged ...
Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...
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Nvidia welcomed Microsoft to the exclusive $4 trillion club as America's tech giants plow through growing demand for ...
Nvidia shares sold off sharply this spring, fueled by increased worry that spending on artificial intelligence infrastructure ...
The S&P 500 dropped 0.37% and closed at 6,339.39 for its third straight losing day, while the Nasdaq Composite inched down ...
Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...
By Nikhil Sharma and Pranav Kashyap (Reuters) -Wall Street futures pointed to a strong start on Thursday, as blockbuster ...
Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming ...
Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after ...
Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come ...
Meta CEO Mark Zuckerberg told investors that his new research lab will focus on building AI models that can learn with ...
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