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...
STMicroelectronics has expanded its 800 VDC power conversion portfolio with two new architectures designed specifically for next-generation AI data centres, developed in close collaboration...
India’s sovereign AI ambitions have taken a tangible step forward with BHASHINI’s full migration from a global hyperscaler to Yotta’s indigenous cloud and GPU...
Blackstone has finalized a structured investment agreement with Mumbai-based AI cloud infrastructure startup Neysa, committing $50-75 million in initial funding for significant minority ownership...
The IndiaAI Mission has begun deploying advanced GPU infrastructure and data labs across the country, marking a major milestone in India’s AI readiness journey....
