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Microsoft is investing $17.5 billion in India's cloud and AI infrastructure over four years, its largest Asian commitment. The funds will expand infrastructure, integrate AI into national platforms, a
OpenAI CEO Sam Altman addressed investor concerns about the company's large spending commitments versus current revenue, stating revenue is higher and projecting steep growth across AI cloud, consumer
Optical networking is becoming essential for AI as copper cables hit limits. This shift drives a new investment wave in optical components, modules, and assembly, with analysts projecting over 50% gro
Meta Platforms Inc. announced a significant increase in 2026 expenses and capital spending, primarily to fund its ambitious artificial intelligence initiatives, causing shares to fall. The company is
SoftBank Group has approved the remaining $22.5 billion of its investment in OpenAI, providing a major boost for AI research and development.
JPMorgan Chase & Co. now sees its annual artificial intelligence (AI) investment of $2 billion matched by an equal amount in cost savings, according to CEO Jamie Dimon. He believes this is just the be
GIC's chief investment officer warns of a 'hype bubble' in early-stage AI venture investing, citing concerns that technology may not meet high market expectations. The fund also highlights risks of bo
