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...
Cloud AI infrastructure company Lambda has announced a multibillion-dollar partnership with Microsoft to deploy large-scale AI infrastructure powered by tens of thousands of NVIDIA...
Global chipmaker NVIDIA has announced a large-scale partnership with the Government of South Korea to build one of the world’s most advanced national AI...
