ByteDance: The main beneficiaries of the spending will be chipmakers Huawei Technologies and Cambricon Technologies plus US ...
On Tuesday, Trump said that ChatGPT creator OpenAI, SoftBank , Oracle and others will pour up to $500 billion in private ...
Nvidia has reclaimed its position as the world’s most valuable publicly traded company, surpassing Apple in market ...
The facility, in Jamnagar, with an anticipated capacity of three gigawatts, is set to surpass all existing data centres ...
Seattle-based Madrona Capital is celebrating its 30 years in business by raising $770 million in fresh capital. This is the ...
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...
Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a capacity of three gigawatts to capitalize on surging AI demand.
Chip stocks including Nvidia and Arm fell Thursday after an Nvidia supplier, SK Hynix, spoke about uncertainty in semiconductor demand in 2025 on its earnings call.
As 2024 was drawing to a close, OpenAI CEO Sam Altman faced two major problems. He wasn’t getting enough server capacity from Microsoft, his company’s biggest backer, to stay ahead of rivals ...
There has been the controversial announcement what is called a $500 billion AI project in the USA. There is controversy about how much funding is in the ...
The company built a cheaper, competitive chatbot with fewer high-end computer chips than U.S. behemoths like Google and ...
Chinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.