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According to a Goldman Sachs analysis, Big Tech companies would need 85 to 90 gigawatts (GW) of new nuclear capacity to power ...
The full year 2025 total expenses outlook was updated "to be in the range of $114 billion to $118 billion, narrowed from our prior outlook of $113 billion to $118 billion," with Li adding, "we expect ...
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
Metrics are up across the board, and the CEO is focused on making the company's AI superintelligence push a reality.
If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, they’re likely to be assuaged by its blockbuster earnings report on Wednesday.
Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after quarterly reports from Microsoft and Meta Platforms showed massive investments in ...
Tech firms say deals for power give new life to nuclear plants at risk of going offline or that have already been shut down.