Posted inAI
Big Tech set to invest $325 billion this year as hefty AI bills come under scrutiny
Meta (META), Microsoft (MSFT), Amazon (AMZN), and Google parent Alphabet (GOOG) are expecting to spend…
Posted inAI
Amazon plans an AI spending spree — joining Google, Meta, and Microsoft
Amazon spent $26.3 billion in capital expenditures last quarter. Its CEO said that amount was…
Posted inAI
Samsung Chip Profit Misses on Costly AI Memory Race With SK Hynix
Samsung Electronics Co.’s pivotal chip division reported a smaller-than-expected profit as the company fights to…
