Global tech firms are spending unprecedented sums on AI infrastructure, with capex set to hit USD 700 billion this year, ...

Meta just raised 2026 capex to $125–$145B and tied it to deploying Nvidia CPUs plus “millions” of Blackwell/Rubin GPUs and ...

Thomas Reardon is raising $500M at a $2.5B valuation for Flourish, which uses neuroscience to make AI radically less power-hungry. Lux Capital and GV lead the round.

Tech giants are investing heavily in artificial intelligence but haven’t significantly shrunk their workforces.

In Apple's quarterly earnings report, CEO Tim Cook warned of further memory constraints in the coming quarters.

Amazon is optimistic about agentic commerce; the costs of AI may soon outweigh profits; and AMC Global Media thinks old shows ...

Meta is cutting staff while boosting A.I. spending. CEO Mark Zuckerberg signals that leaner teams may define the company’s ...

Alphabet, Meta, Amazon, and Microsoft are the largest spenders on AI data farms, putting them at the center of an ...

For me, the three reasons this quarter matters are simple: stronger-than-expected iPhone 17 demand, a Services business that ...

The e-commerce and technology company said that sales in its cloud computing unit were up 28% in the January-March period, ...

The Dow rose and the S&P 500 and Nasdaq notched new records after Big Tech earnings from Alphabet, Amazon, Microsoft and Meta and fresh PCE and GDP data.

Meta Platforms shares fell sharply after the Facebook owner warned it would spend even more than previously anticipated on AI data centers. Meta has been playing catch-up on AI infrastructure, and is ...