Zuckerberg expects to invest as much as $65 billion to further Meta’s AI ambitions, which includes a data center ‘so large it would cover a significant part of Manhattan.’

This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing firms positioned to play a bigger role in the tech sector.

Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a capacity of 3 gigawatts to capitalize on surging AI demand.

The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into AI.

Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.

OpenAI debuted its Operator agent system. It’s just a research preview for now, a start toward the promised land of AI agents where we might see automated grocery restocking and expense reports (I’ll believe that when I see it). But the road will be long and winding.

OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.

The artificial intelligence (AI) revolution is firmly upon us, and investors everywhere are scrambling to gain exposure to companies heavily involved in the space. Of course, it’s possible to invest in the companies that are directly involved in the production of AI applications and the technologies consumers use.

Investors aren't getting a whole lot of extra compensation on highly rated corporate bonds these days with spreads near historic lows. But securitized products, a catch-all for bonds that finance aircraft,

Meta Platforms (META) is planning to spend $60B to $65B to build out the company's artificial intelligence infrastructure.

OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday.