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 and Leopard Imaging have introduced a multimodal vision module designed to speed up robotics vision development for humanoid and other advanced robotic systems....
Alibaba has launched RynnBrain, an artificial intelligence model designed to empower robotics by enabling machines to comprehend their physical surroundings and identify objects. The...
HCLTech has announced a significant expansion of its long-standing collaboration with SAP, this time focusing on Physical AI — a fast-emerging category of artificial...
In a major leap for AI-driven manufacturing, Foxconn, the world’s largest electronics maker and key producer of Nvidia’s AI servers, has announced that it...
