Meta expects capital expenditure of $135 billion to $145 billion in 2026. It plans to keep investing in AI infrastructure and in new products. The company shared the outlook with its third-quarter results on 21 October.
Meta said its AI investments are already bringing in extra advertising revenue. It credits stronger engagement, better recommendations and more efficient monetisation. It expects these investments and new product...
SpaceX has closed a $40 billion debt financing deal to buy graphics processing units (GPUs) for AI infrastructure. CEO Elon Musk shared the news in a post on X. He also warned that tighter credit could trigger widespread consolidation among AI cloud providers.
Musk said SpaceX secured the financing because of its investment-grade status. Revenue from Starlink and rocket launches also helped. His comments come...
Alphabet has agreed to acquire data center and energy developer Intersect for $4.75 billion, accelerating capacity addition to meet surging AI infrastructure demands. Expected...
Tata Consultancy Services (TCS) has established a new wholly owned subsidiary, HyperVault AI Data Center Limited, marking a significant step in its plan to...
U.S. chipmaker Qualcomm has announced its acquisition of UK-based semiconductor firm Alphawave in a $2.4 billion deal aimed at accelerating its entry into the...
German semiconductor manufacturer Infineon Technologies has announced a strategic collaboration with Nvidia to co-develop advanced power delivery systems for artificial intelligence (AI) data centers....
