Google, Amazon, Microsoft, and Meta spent a combined $1.1T in capex from the start of the AI boom in 2023 through June 2026 and plan to spend $745B this year
OpenAI, Meta, and SpaceXAI may be able to put pressure on Anthropic by emphasizing cost efficiency, as business customers increasingly scrutinize AI spending
Three prominent artificial intelligence developers released new models over the past week. They all promise to be more advanced …
OpenAI, Meta, and SpaceXAI may be able to put pressure on Anthropic by emphasizing cost efficiency, as business customers increasingly scrutinize AI spending
Three prominent artificial intelligence developers released new models over the past week. They all promise to be more advanced …
Meta announces its first data center in Canada, a 1GW facility in Alberta that will cost the company about $9B and take two to three years to construct
Meta's AI expansion is heading north of the border. — The company said in a blog post on Wednesday that it's building its first data center …
Sources: Google told Meta around March it couldn't offer all the Gemini capacity Meta wanted to buy, disrupting and delaying some of Meta's internal AI projects
Surging appetite for advanced models is turning computing power into the tech industry's scarcest commodity
Sources: Zuckerberg urged execs to explore Polymarket and Kalshi partnerships, as the Arena prediction app targets 100M monthly active “predictors” aged 18-34
Mr. Zuckerberg's plans for Arena, a prediction markets app that Meta is building, also include appealing to 18- to 34-year-old users.
Sources: Zuckerberg urged execs to explore Polymarket and Kalshi partnerships, as the Arena prediction app targets 100M monthly active “predictors” aged 18-34
Mr. Zuckerberg's plans for Arena, a prediction markets app that Meta is building, also include appealing to 18- to 34-year-old users.
Qualcomm unveils Dragonfly C1000, a more power-efficient data center CPU built for agentic AI, and says Meta will use it when Qualcomm starts production in 2028
Qualcomm shares jumped 15% in extended trading on Wednesday after the chipmaker said non-handset revenue in fiscal 2029 will be $40 billion, up from a prior forecast of $22 billion.
Staff memo: Meta plans to limit employee token usage and encourage employees to use MetaCode, after internal AI spending forecasts reached billions for 2026
Meta Platforms plans to clamp down on skyrocketing AI costs inside the company by imposing limits on employees' token usage …
Staff memo: Meta plans to limit employee token usage and encourage employees to use MetaCode, after internal AI spending forecasts reached billions for 2026
Meta Platforms plans to clamp down on skyrocketing AI costs inside the company by imposing limits on employees' token usage …