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AI, Meta and Zuckerberg

Forbes on MSN · 1h

Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says—After Trump Announces Stargate Deal With OpenAI

The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.

Reuters on MSN · 18m

Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says

By Jaspreet Singh (Reuters) -Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, CEO Mark Zuckerberg said on Friday, aiming to bolster the company's position against rivals OpenAI and Google in the race to dominate the technology.

Bloomberg on MSN · 40m

Zuckerberg Says Meta to Spend Up to $65 Billion on AI This Year

Meta Platforms Inc. plans to invest as much as $65 billion on projects related to artificial intelligence in 2025, including building a giant new data center and increasing hiring in AI teams, Chief Executive Officer Mark Zuckerberg said Friday.

SK Hynix profit soars to a record high on AI boom

CNBC on MSN · 1d

SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty

SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.

U.S. News & World Report · 1d

Nvidia Supplier SK Hynix Posts Record Quarterly Profit

South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips such as high bandwidth memory (HBM) used in generative AI chipsets. According to Reuters calculation,

Reuters on MSN · 1d

SK Hynix posts record quarterly profit surpassing Samsung on AI boom

South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.

5h

The Potential Of Generative AI Goes Way Beyond Productivity Assistants

We don’t have to wait five years for AI innovation to deliver across all its future manifestations; the future is indeed here ...

5hon MSN

AI might help the Beatles win their final Grammy. Will more veteran acts follow?

The Beatles' 'Now and Then' may win record of the year. Is it singular for the academy, or a boomer-rock harbinger?

Crypto AI Tokens Soar as Bitcoin Awaits Trump Policies Below Record Prices

AI agent tokens AI16Z, ARC, GRIFFAIN led crypto market gains, buoyed by reports of a $500 billion private AI infrastructure ...

1d

Stock market today: Nasdaq jumps, S&P 500 nears record as Netflix, 'Stargate' AI project invigorate tech

President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season ...

2d

Amid Record Cyberattacks, Identity Security Is A Must For Enterprises

To make the shift from manual, outdated systems to AI-driven access control, organizations need to follow a series of ...

Cryptopolitan on MSN2h

Mukesh Ambani plans to build world’s largest AI data center

India could soon host the world's biggest data center by capacity through Reliance Group under billionaire Mukesh Ambani's ...

42m

Trump's AI push puts data-center bonds in focus

Investors aren't getting a whole lot of extra compensation on highly rated corporate bonds these days with spreads near ...

1don MSN

S&P 500 hits record high with boost from Netflix results, AI investment plan

Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered ...

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