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News
AI spending surge: Big Tech's $600 billion investment sparks investor unease
7+ mon, 1+ week ago (353+ words) Indiatimes By Lucy Raitano..., Dhara Ranasinghe and Chibuike OguhA planned $600 billion artificial intelligence spending splurge by...big tech firms in 2026 is â adding to investor unease as they assess the implications for profitability...outlay, slid 7% on Friday, while Alphabet lost…...
AI and data modernisation emerge as biggest drivers of India's tech spending surge
4+ mon, 5+ day ago (43+ words) Indiatimes - Published...
Big Tech Will Spend $700 Billion on Artificial Intelligence in 2026.
6+ mon, 3+ week ago (477+ words) Amazon, Alphabet, Microsoft, Meta, and Oracle will spend over $700 billion on data centers this year....This company can expect a huge increase in revenue regardless of how big tech allocates its budget....Before diving into the biggest beneficiaries of big…...
Amid tech layoffs and artificial intelligence spending, Texas lags in AI job growth
4+ mon, 2+ week ago (474+ words) Artificial intelligence is reshaping the tech workforce, creating new roles while also driving layoffs...across the industry — and Texas, a major tech hub, is lagging behind most other states in AI-related...companies continue to invest heavily in artificial intelligence, layoffs…...
OpenAI Distances Itself from Political Spending
3+ mon, 1+ week ago (339+ words) Advocacy group transparency leads to Emphasizes transparency OpenAI Distances Itself from Political Spending...This stance contrasts with many tech companies that engage in direct political funding to shape AI policy...it does not operate PACs or donate to campaigns - No…...
SoftBank to spend US$87.5bil on AI centres in France
3+ mon, 2+ week ago (461+ words) PARIS: Japanese tech investor SoftBank will spend 75 billion euros (US$87.5 billion) on artificial intelligence...The announcement is a major boost to Macron's efforts to attract hi-tech industries to France, in competition...
AI spending boom sees Nvidia post record $136b quarterly revenue
3+ mon, 3+ week ago (381+ words) Nvidia’s data centre business, which sells the processors powering AI systems at tech giants and technology...Demand for Nvidia products seems insatiable, despite recurring talk on Wall Street that the AI spending...However, there is no sign that Chinese tech…...
AI supply chain, Gen Z spending among hedge fund picks at Sohn Hong Kong
3+ mon, 3+ week ago (437+ words) and printed circuit board (PCB) makers to pet food and instant noodle brands as they try to ride the tech...boom and Gen Z spending....investment officer at Valliance Asset Management, favoured US AI data centre CoreWeave, which provides tech…...
IT Spending Will Exceed $6 Trillion for the First Time in 2026 Thanks to Artificial Intelligence (AI)
5+ mon, 4+ week ago (887+ words) Global IT spending is set to surge 10.8% this year as tech companies ramp up their capex....Gartner forecasts that global information technology (IT) spending will hit $6.15 trillion this year,...Many of the top tech companies in the world have announced…...
Dan Ives: Trillions in AI Spending Are Just the Start of ‘Fourth Industrial Revolution’
8+ mon, 3+ day ago (1170+ words) According to Gartner, total global AI spending — including infrastructure, software, chips, services,...While a lot of ink is dedicated to headline Big Tech winners such as NVIDIA, Microsoft, Amazon, Google...