"Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Mark ...
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud ...
Days after Chinese upstart DeepSeek reveals a breakthrough in cheap artificial intelligence (AI) computing that shook the US ...
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...
That was the combined capital spending by Microsoft and Meta Platforms last quarter, nearly double a year earlier. The bulk of it went on chips and data centers to power generative AI services. Read w ...
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
Investors were looking to Microsoft and Meta to provide reassurance that they will keep spending heavily on Nvidia chips.