Meta splashes cash on AI while users slip
Meta reported first-quarter revenue up 33 per cent, its biggest year-on-year quarterly jump in nearly…
capital expenditure
Oracle trims Seattle as AI bills pile up
The company laid off 491 Seattle workers, part of wider cuts as it splurges on…
Google blows the budget on AI
Google is stuffing AI into everything and setting money on fire to stay ahead. Alphabet…
TSMC cranks the fab spending to feed the AI beast
TSMC is about to lob more money at silicon than most countries spend on roads.…