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...
Global IT spending is expected to increase by 9% in 2025, driven by AI and cloud expenditures, according to a report from S&P Global Ratings....
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, President Donald Trump and a small group of tech executives — OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle founder Larry...
As expected, President Donal Trump this week signed an executive order rolling back former President Joe Biden’s 2023 artificial intelligence (AI) rules, which had been...
With one week left in office, President Biden signed an executive order that sets aside federal lands for building of artificial intelligence (AI) data centers,...
Amazon Web Services (AWS) plans to invest at least $11 billion in Georgia to expand infrastructure to support cloud computing and artificial intelligence (AI) technologies....