Keywords: AI investment
SoftBank chief executive Masayoshi Son declared Monday that the artificial intelligence revolution will be 50 times larger than the dotcom bubble, calling it the greatest technological upheaval in human history. Speaking in Paris, Son said the current moment is equivalent to the earliest days of the......
Anthropic is close to finalizing a new funding round of at least 30 billion dollars at a pre-money valuation exceeding 900 billion dollars, a move that would position the artificial intelligence developer behind Claude as the world’s most valuable startup. The deal would surpass the valuation of......
A founding figure of the Chinese artificial intelligence company DeepSeek has told potential investors that long-term research into advanced AI systems takes priority over short-term revenue generation. The company aims to advance toward artificial general intelligence while continuing to release open......
Amazon said Thursday that its cumulative investment in cloud computing and artificial intelligence infrastructure across Indonesia, Malaysia, Singapore and Thailand is expected to exceed $33 billion by 2039, reinforcing Southeast Asia’s position as a growing global hub for digital infrastructure. The......
Panasonic Holdings announced a three year investment program worth 500 billion yen aimed at accelerating its expansion into artificial intelligence infrastructure, even as the Japanese conglomerate reported a sharp decline in annual earnings driven by restructuring costs and weaker electric vehicle demand.......
Chinese artificial intelligence laboratory DeepSeek is in advanced negotiations to raise up to 50 billion yuan, equivalent to 7.35 billion dollars, in what would be the largest funding round ever completed by an AI company in China. The deal would value the previously self-funded startup at up to 50......
Apple reported its strongest March quarter on record on April 30, posting revenue of 111.2 billion dollars and earnings per share of 2.01 dollars, surpassing Wall Street expectations of 109.66 billion dollars in revenue and 1.94 dollars per share. The results were driven by a 21.7 percent surge in iPhone......
Major technology companies are scaling up spending on artificial intelligence infrastructure to unprecedented levels, with combined capital expenditure plans nearing $725 billion for 2026. The surge follows quarterly earnings reports released on April 29 by Alphabet, Amazon, Meta and Microsoft, all of......
US stock index futures moved higher on Tuesday as renewed optimism around artificial intelligence helped offset investor concerns linked to ongoing geopolitical tensions in the Middle East. Market sentiment was supported by strong signals from major technology players, reinforcing expectations that......
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