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Despite Wall Street jitters, AI hopefuls keep spending billions on AI infrastructure
Sunk cost fallacy? No, I just need a little more cash for this AGI thing I’ve been working on Comment Despite persistent ...
Microsoft stock slips after analysts say it canceled 2 AI data center leases, suggesting possible 'oversupply position'
In response, Microsoft told BI it "may strategically pace or adjust our infrastructure in some areas" and would "continue to ...
Apple plans $500 billion in US investment, 20,000 research jobs in next four years
Apple AAPL.O said on Monday it would spend $500 billion in U.S. investments in the next four years that will include a giant ...
Alibaba commits US$53 billion for AI infrastructure in largest private computing project
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Microsoft reiterates plan to invest $80 billion in AI, but may ‘adjust our infrastructure in some areas'
Microsoft hasn’t backed off its plan for the current fiscal year but acknowledged that it may makes some infrastructure ...
Anadolu Ajansi17h
Alibaba announces $53B investment in AI infrastructure over next 3 years
The investment, which exceeds Alibaba’s total AI and cloud spending over the past decade, underscores the company’s focus on AI-driven growth and its role as a leading global cloud provider,' accordin ...
Forget Stargate. Apple now has its own $500 billion investment plan.
Apple is matching the amount of the Stargate AI joint venture — and building goodwill with the new administration in a ...
Analytics India Magazine21h
Microsoft Rethinks Compute Needs, Cancels AI Data Centre Leases
Microsoft has reportedly started cancelled leases for a significant data centre capacity in the US, raising concerns about ...