37 articles tagged
Financial leaders are sounding the alarm on a growing gap between the trillions being invested in AI infrastructure and the slow pace of revenue generation.
Meta Platforms is set to spend over $100 billion next year on artificial intelligence, a massive gamble by Mark Zuckerberg that caused a $160 billion market value drop.
Nvidia Corp. plans to invest up to $1 billion in AI startup Poolside, potentially quadrupling its valuation to $12 billion, marking a significant move in the AI sector.
A massive surge in AI stocks is driving the U.S. market, accounting for up to 80% of gains. This has prompted top leaders to warn of a potential bubble.
Stardust Solutions, an Israeli-U.S. startup, secured $60 million, the largest funding for a solar geoengineering company, to test reflective particles in the stratosphere by April 2026, raising hopes
The AI boom is facing a critical bottleneck not in semiconductors, but in America's aging and underfunded electrical grid, creating an urgent infrastructure crisis.
Cerebras, a startup, claims its new chips can power AI models 20 times faster than Nvidia's hardware, potentially challenging Nvidia's market dominance. Cerebras uses a unique Wafer Scale Engine, a si
A surge in AI investment has pushed valuations of unprofitable startups to nearly $1 trillion, sparking fears of a 'cargo cult' bubble similar to the dotcom boom.
A new analysis reveals that massive investments in generative AI are failing to deliver expected profits, with 95% of companies seeing little to no ROI.
Alibaba reports a 12% increase in advertising returns from its AI investments, signaling early profitability from its $53 billion technology commitment.
OpenAI is reportedly losing three times its earnings, with only 5% of ChatGPT's 800 million users paying for the service. The company recorded a $13.5 billion net loss in H1 2025, despite a $500 billi
David Lloyd Clubs has opened a new 38,000 sq ft health and wellness facility in Uxbridge, UK, following an £11.5 million investment in a repurposed office building.
