Industry
Meta Spending to Soar on AI, Massive Data Center
Meta plans to spend between $60-65 billion this year on AI infrastructure and data centers, representing the latest escalation in Big Tech's AI investment arms race. The massive capital expenditure reflects the enormous costs companies are willing to bear to compete in artificial intelligence.
Read full story at WSJ.com: WSJD →V: · A: · D:
Related
Industry
OpenAI and Broadcom unveil LLM-optimized inference chip
OpenAI and Broadcom have jointly introduced Jalapeño, a custom silicon chip purpose-built for large language model infer...
Industry
AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia's $20B not-acqui-hire deal
Groq has confirmed a $650 million funding round and is rebuilding its executive team following an unusual arrangement wi...
Industry
GoPro and Roomba were U.S. pioneers. Chinese rivals now dominate
Chinese consumer-technology brands have systematically displaced American pioneers like GoPro and iRobot's Roomba across...