Meta to Increase Spending to $65 Billion This Year in A.I. Push

Meta to Increase Spending to $65 Billion This Year in A.I. Push

Mark Zuckerberg spent all of 2024 telling investors that artificial intelligence would be key to the future of his company, Meta. In 2025, he plans to put his money where his mouth is. On Friday, Mr. Zuckerberg said the company expected its capital expenditures in 2025 to come in at an estimated $60 to $65…

Trump Announces $100 Billion A.I. Initiative

Trump Announces $100 Billion A.I. Initiative

President Trump on Tuesday announced a joint venture between OpenAI, SoftBank and Oracle to create at least $100 billion in computing infrastructure to power artificial intelligence. The venture, called Stargate, adds to tech companies’ significant investments in U.S. data centers, huge buildings full of servers that provide computing power. Stargate could eventually invest as much…