If there was any doubt, the generative AI bubble didn't burst in 2024, according to data from financial trackers.

Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial ...

In a blog post entitled “The Golden Opportunity for American AI,” Microsoft (MSFT) Vice Chair and President Brad Smith stated: “Not since the ...

Vice Chair and President Brad Smith wrote in a blog post that the company plans to spend $80B in fiscal 2025 on the ...

Over half of Microsoft’s $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.

Much of the $80B will go towards data centers to be used for artificial intelligence, as AI progress has resulted in the need ...

Tesla's annual unit sales dropped for the first time. The stock pulled back, reducing Elon Musk's net worth by more than $17 ...

Nvidia's market value soared from $1.2 trillion in 2023 to $3.28 trillion in 2024, by massive demand for its AI-powered GPUs.

Billionaires significantly shape global philanthropy, politics, and the economy. According to Forbes, there will be 2,781 ...

Once friends and business partners, and now rivals, Elon Musk and Sam Altman are dueling it out in a California federal ...

NVIDIA Corp. invested $1 billion across 50 startup funding rounds and several corporate acquisitions in 2024, intensifying ...

Encode, a nonprofit organization that co-sponsored California’s failed SB 1047 AI safety legislation, is joining forces with ...