#AI spending
8 stories taggedAI spending.
OpenAI plans to spend $750 billion on infrastructure by 2030, starting with a massive Georgia data centre
The company's first move is a 1,400-acre campus near Savannah that will draw enough electricity to power a small city, mostly from new natural gas plants.
The US Army Ran Out of AI Credits. Here Is What That Tells Us.
The Army promised its workers unlimited AI access. Six weeks later, the credits were gone. Now soldiers and civilian staff face new limits, and one worker says the tools were unreliable anyway.
Asia chip stocks tumble as AI spending fears sweep global markets
SoftBank fell nearly 9% and Japan's top chip equipment makers lost similar ground on Friday, as Wall Street's semiconductor sell-off rippled across Asia and investors asked a pointed question: is the AI building boom worth the cost?
Apple passes Nvidia to become the world's most valuable company again
A 3.5% drop in Nvidia's share price on Friday was enough to hand Apple back the top spot, and it signals that Wall Street is starting to question whether the AI spending boom can keep going at its current pace.
AI Token Spending Is About to Blindside Corporate Bosses, Warns Investor Chamath Palihapitiya
Companies are quietly racking up huge AI bills their CEOs don't even know about. One prominent tech investor says the shock is coming, and it will show up in earnings.
Your Software Bill Is Going Up. AI Is Why.
A major tech research firm warns that AI vendors are passing their enormous infrastructure costs on to business customers through higher prices and unpredictable usage fees.
AI chip executives say demand is 'almost unlimited' even as companies get pickier about costs
Senior figures from chip startups, data centre builders and venture capital say AI infrastructure demand is outrunning supply. But enterprises are starting to ask hard questions about what they actually get for their money.
Meta's Adam Mosseri thinks companies will soon put spending caps on AI tools, engineer by engineer
The head of Instagram says AI token budgets could become a standard line item on the corporate balance sheet, sitting right next to payroll.