CEO Mark Zuckerberg announced that Meta Platforms (META.O) plans to invest as much as $65bn in 2025 to expand its artificial intelligence (AI) infrastructure. This substantial investment aims to bolster Meta’s AI capabilities and strengthen its competitive position against rivals such as OpenAI and Google in the rapidly evolving AI market.
We recently published a list of 10 Latest AI News You Shouldn’t Miss. In this article, we are going to take a look at where Oracle Corporation (NYSE:ORCL) stands against other latest AI news you shouldn’t miss.
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.
Piper Sandler says Arista Networks (ANET) will likely be the most discussed “winner” of Stargate within the firm’s coverage given the exposure
U.S. President Donald Trump said he is in talks with multiple people over buying TikTok and will likely have a decision on the app’s future
Oracle Cloud Infrastructure (OCI) technology has been gaining traction after the company signed deals for the tech with major companies including Meta and Amazon. Oracle (ORCL) has been ...
We recently published a list of 10 Latest AI News You Shouldn’t Miss. In this article, we are going to take a look at where Oracle Corporation (NYSE:ORCL) stands against other latest AI news you ...
AI stocks soared after OpenAI announced a partnership with Oracle and SoftBank that could result in up to half a trillion dollars of investment in AI infrastructure over the next four years.
Those earnings will hit as big-tech executives try to cozy up to President Trump, and as artificial intelligence ambitions remain one of the main drivers for the industry and the market. Trump hopes to turbocharge both, announcing plans for $500 billion in investments in AI infrastructure last week.
JPMorgan Chase & Co. Chief Executive Jamie Dimon said this week that asset prices, including stocks, were "kind of inflated, by any measure," during a CNBC interview at the World Economic Forum in Davos, Switzerland.
Bloomberg Intelligence estimates that generative AI spending will increase from $67 billion in 2023 to $1.3 trillion by 2032. UBS estimated that four U.S. technology giants that are members of the so-called “Magnificent 7” will allocate around $267 billion as capital expenditure on AI applications in 2025, suggesting a jump of 33.5% year over year.