Elon Musk’s xAI and chipmaker Nvidia have joined a $30 billion artificial intelligence (AI) infrastructure project. The AI Infrastructure Fund, backed by BlackRock, Microsoft and...
Meta is reportedly in talks to raise $35 billion to help finance the development of data centers in the U.S. The talks are at an early stage...
Microsoft reportedly still plans to earmark $80 billion for capital expenditures, despite reports suggesting otherwise. As CNBC reported Monday (Feb. 24), the tech giant says its spending plan...
From its genesis as a small nonprofit startup in Silicon Valley in 2015, OpenAI has transformed itself into the top artificial intelligence (AI) company today,...
This week’s AI Action Summit, which brought together world leaders and business titans to France, has a singular message: The global focus will be on...
This week’s AI Action Summit in Paris — the artificial intelligence (AI) community’s equivalent of Davos — saw the Europeans act decidedly un-European. The annual...
DeepSeek was the talk of Silicon Valley and Wall Street this week after it singlehandedly wiped nearly $600 billion of market value from Nvidia. Its...
SoftBank is reportedly in discussions to invest up to $25 billion into OpenAI. The deal, as reported by the Financial Times (FT) and other outlets...
In one of the most high-profile reactions since it rocked the artificial intelligence (AI) world earlier this week, Meta CEO Mark Zuckerberg on Wednesday (Jan....