Four of the largest U.S. technology companies reported earnings today and showed higher spending on AI amid rising demand and competition, according to Bloomberg News. Meta raised its full-year capital spending outlook to between $125…
Posts tagged as “Amazon”
Amazon announced that it will invest an additional $5 billion in Anthropic, with the potential to commit up to $20 billion more over time, deepening a partnership central to the AI infrastructure race. The deal…
AWS is expanding its push into custom AI chips as the race is on to lower inference costs.
Amazon reportedly is in talks to acquire Globalstar in a potential deal that would strengthen its push into low-Earth orbit satellite services and intensify competition with SpaceX’s Starlink, according to the Financial Times. Discussions are…
OpenAI said it has raised $110 billion in new funding at a $730 billion pre-money valuation, underscoring surging demand for artificial intelligence across consumers, developers and businesses. The round includes $30 billion each from SoftBank…