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It’s not just American artificial-intelligence companies burning through cash as they roll out ever-more advanced models.
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Tencent Holdings nearly tripled its capital spending in the second quarter to supercharge its AI push, as accelerating investments in computing power and models helped drive better-than-expected…
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Meta Platforms CEO Mark Zuckerberg published a 6,500-word essay outlining his vision for artificial intelligence (AI), backing development of open-weight models and arguing that overregulation risks…
SK hynix will hold a formal groundbreaking ceremony for its new semiconductor packaging plant in the U.S. state of Indiana on Aug. 27, industry sources said Wednesday.
A T. Rowe Price fund manager thinks the hyperscalers can comfortably fund their investment spending, and moreover, derive high returns on that invested capital with a short payback schedule.
Glenn Fogel said he told Booking's head of HR that he wants "every single employee" to become "AI literate" and able to use the tools.