Meta to spend up to $65B on massive AI data center: ‘Defining year for artificial intelligence’
Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.
SoftBank in talks to invest as much as $25 billion in OpenAI
SoftBank is in talks to invest in OpenAI, potentially deepening the relationship between the two companies that are already planning an artificial-intelligence infrastructure initiative.
Tech stocks mixed as Meta, Microsoft affirm big AI spending plans after DeepSeek turmoil
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep pouring billions of dollars into AI – despite lingering anxiety over the
Meta is reportedly scrambling ‘war rooms’ of engineers to figure out how DeepSeek’s AI is beating everyone else at a fraction of the price
Meta CEO Zuckerberg announced that the company would spend as much as $65 billion on projects related to AI in the coming year, including construction of a large data c
New details emerge about Project Stargate as Meta discloses $60B+ AI investment
OpenAI, SoftBank Group Corp. and Oracle Corp. unveiled Project Stargate during a Tuesday press briefing at the White House. The companies intend to build an expansive network of data centers that will be optimized to run AI workloads. OpenAI will be the sole user of the data centers, the Financial Times’ sources said.
Microsoft, Meta talk up their big AI ambitions and spending plans
Meta Platforms unveiled plans to make artificial intelligence more personalized this year, and Microsoft predicted “exponentially more demand" for AI products.
Stock market today: Meta and Tesla gain, airlines pressured after American jet crashes near DC
Wall Street pointed mostly higher in premarket trading Thursday while more corporate earnings poured in a day after the Federal Reserve opted to leave its benchmark lending rate alone. Futures for the S&P 500 rose 0.
Stock market today: Meta and Tesla lead most of Wall Street higher
Meta Platforms, Tesla and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s most influential companies.
Stock Market Today: Major Indexes Rise; Meta and Tesla Shares Rally
Meta and Tesla shares rally. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
SoftBank Said to Be in Talks to Invest as Much as $25 Billion in OpenAI
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.
A.I. Giants Double Down on Spending, Even as DeepSeek Looms
Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.
Stock market today: Meta climbs and Microsoft falls as Wall Street ticks higher
Stocks are ticking higher on Wall Street following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.3% in early Thursday trading. The Dow Jones Industrial Average slipped 14 points,