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...
A coalition of global technology companies, including Microsoft, AWS, Adobe, IBM, Salesforce, and SAP, has urged the Government of India to introduce a Text...
At the Asia-Pacific Economic Cooperation (APEC) Summit held in Gyeongju, South Korea, Chinese President Xi Jinping made a bold call for the creation of...
The Ministry of Electronics and Information Technology (MeitY) has clarified that the government is not seeking to restrict or censor AI-generated content, but only...
The Competition Commission of India (CCI) has released a comprehensive report titled Market Study on Artificial Intelligence and Competition, marking a significant step in...
The European Commission is rolling out a new “Apply AI” strategy aimed at accelerating the development and deployment of European-origin AI platforms across critical...
OpenAI is introducing parental controls for its flagship product ChatGPT following a tragic case in California where a teenager reportedly took his own life...
The European Commission has confirmed that the Code of Practice designed to guide companies in complying with the EU's Artificial Intelligence Act may only...
Germany’s data protection commissioner has formally requested Apple and Google to remove the Chinese AI startup DeepSeek from their app stores in the country....
India is facing growing scrutiny over the cross-border flow of its sensitive health data, as global corporations increasingly look to low- and middle-income countries...
