Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming ...

Both tech giants raised their capital spending on AI. Read more at straitstimes.com. Read more at straitstimes.com.

If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent — and its ambitious “superintelligence” goal — they’re likely to be assuaged by ...

Much of company’s recent growth has come through the cloud business, which AI companies have been using to host models.