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META AI INFRASTRUCTURE
Meta eyes at least $20 billion from potential bond offerings, Bloomberg News reportsMeta is reportedly looking to raise at least $20 billion through a cross-border bond offering to fund its expanding AI infrastructure. The ...
Apple's new CEO John Ternus to face first earnings test as memory costs surgeTernus, who took the reins from Tim Cook in September, has overseen the introduction of Apple's first foldable phone, smart home hub and Ap...
Accountability tames AI autonomy as DSCI outlines its liability frameworkIn the framework titled AI Liability: Industry Guidance for Agentic AI, DSCI said assigning liability solely to the organisation deploying ...
AI is driving up memory prices. So why is Sam Altman questioning your PC's RAM?OpenAI CEO Sam Altman has questioned the need for large amounts of RAM in personal computers, arguing that much of the memory remains unuse...
Nasdaq 100 cracks 5%, wipes out $2 trillion in October as AI spending fears deepenInvestor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology c...
US Stock Market is feeling AI investments pressure but check list of stocks that are jumping amidst Artificial Intelligence spending fearsUS Stock Market today: As the world's biggest technology companies race to expand computing capacity, demand for such facilities has surged...
Nasdaq faces $2 trillion wipeout in October as AI spending fears deepenThe wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI tra...
Jio & let Jio, India’s crackling telco spaceIndia's Reliance Jio and Bharti Airtel are now among the world's top telecom companies due to significant evolution. The integration of AI ...
Alphabet's heavy cloud spending drives bigger-than-expected cash burnThe company reported negative free cash flow of $9.07 billion, compared with analysts' estimate of a cash burn of $36 million, according to...
AI giants' funding ambitions test Wall Street's appetite for riskThe heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificia...
Big Tech turning to equity to raise funds for AIMeta plans to raise up to $98 billion to fund AI infrastructure, making it one of the largest equity financing plans ever. Stocks worth onl...
AMD and Meta advance strategic partnership to power Meta's Superintelligence InfrastructureAdvanced Micro Devices, or AMD, is teaming up with Meta to enhance its superintelligence infrastructure. As part of this strategic partners...
Big Tech earnings a test of the AI boom amid market turmoilInvestors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI ...
Nvidia, Meta deepen AI ties with $3 billion investment dealIn a groundbreaking partnership, Nvidia and Meta have committed to advancing the Muse AI assistant, with a substantial $3 billion investmen...
Meta eyes record $95 billion equity raise to fund AI expansionThe Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...
Meta launches $35 billion stock offering to fund AI expansionMeta Platforms has kicked off public offerings nearly reaching $35 billion as part of its ambitious AI expansion strategy. The tech giant a...
Meet Mahmoud Felfel and Hammad Syed, two Egyptian founders who built a text-to-speech tool; their voice AI startup was later acquired by MetaMahmoud Felfel and Hammad Syed are the founders of PlayAI. Both of them Egyptian entrepreneurs who had previously worked at Dubai-based cla...
Meta stock price: Why are Meta shares down today? Facebook, Instagram parent may witness USD 50 billion wipe out from company's market value despite strong quarterly revenueMeta share price: Facebook, Instagram parent is spending heavily to support its AI plans, with an expected annual capital expenditure forec...
Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms fell about 3% in premarket trading on Thursday, as investors weighed the benefits of the company's fast-growing AI...
Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms declined in premarket trading as investors evaluated costs against growth in the AI sector and faced legal hurdles...