Big Tech Keeps Its A.I. Data Center Spending Boom Alive
Wall Street went into panic mode about two weeks ago after the Chinese start-up DeepSeek released an artificial intelligence system that appeared to be radically more efficient than what its…
Alphabet Faces Scrutiny on AI Spending as Google Cloud Growth Slows
Alphabet will face investor scrutiny over its massive spending on AI when it reports earnings on Tuesday, as revenue growth at the Google parent likely slowed in the holiday quarter…
Judge Says She Will Further Block White House Spending Freeze
A federal judge said on Monday that she intended to temporarily block the Trump administration from imposing a sweeping freeze on trillions of dollars in federal grants and loans, adding…
Beneath Trump’s Chaotic Spending Freeze: An Idea That Crosses Party Lines
When President Trump said on Wednesday that his order to freeze federal spending was about “scams, dishonesty, waste and abuse,” he was echoing promises made by his predecessors in both…
Trump’s First Two Weeks Have Thrown U.S. Climate Spending Into Chaos
Over the past four years during the Biden administration, the United States started spending ever-greater sums on efforts to blunt global warming and help communities adapt to a hotter world.…
Microsoft, Meta Back Big AI Spending Despite DeepSeek’s Low Costs
Days after Chinese startup DeepSeek's breakthrough low-cost AI computing shook the US technology industry, CEOs of Microsoft and Meta defended massive spending saying it was crucial to staying competitive in…
Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5 percent in after-hours trading as investors worry about big spending, elusive artificial intelligence revenue and competition from cheaper AI models from China.Azure results for…
The White House Pulled Back Its Spending Freeze
The White House rescinded an order today that froze trillions of dollars in federal grants and loans in an effort to purge the government of what President Trump has called…
Microsoft Continues A.I. Spending Growth as Profit Grows 10%
Investors worried about how much money big technology companies are spending on artificial intelligence did not get much relief from Microsoft when it reported its latest financial results on Wednesday.In…
Microsoft Continues A.I. Spending Growth as Profit Grows 10%
Investors worried about how much money big technology companies are spending on artificial intelligence did not get much relief from Microsoft when it reported its latest financial results on Wednesday.In…