OpenAI has reportedly told shareholders it expects a steep jump in spending through 2029. The artificial intelligence (AI) startup is now forecasting that it will...
Few companies in history have experienced a revenue trajectory as dramatic as Nvidia’s over the past two years. The latest numbers from its second quarter...
President Donald Trump said Tuesday (Aug. 26) that Meta plans to spend $50 billion on the Hyperion data center it is building in Louisiana. Trump...
The boom in the construction of artificial intelligence (AI) infrastructure is just getting started, OpenAI Chief Financial Officer Sarah Friar said Wednesday (Aug. 20). Interviewed...
The Stargate artificial intelligence (AI) infrastructure project reportedly got off to a slow start. Six months after project was announced, the newly formed company operating...
Meta CEO Mark Zuckerberg said Monday (July 14) that the company will invest “hundreds of billions of dollars” into AI infrastructure for its superintelligence effort. Writing in a thread on...
Nvidia now has the distinction of being the world’s first $4 trillion public company. The chip designer’s market capitalization rose below that mark Wednesday (July...
Seventy-six companies have expressed interest in setting up artificial intelligence (AI) infrastructure in Europe, the European Commission said Monday (June 30). The companies that responded...
Nvidia shares hit an all-time high Wednesday (June 25), surpassing the previous record intraday high that was set in January, Bloomberg reported Wednesday. The rise took the company’s...