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 ...

Microsoft announced it would be investing $80 billion of its budget for the fiscal year 2025 on building AI specific data ...

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

Smith pointed out that Microsoft's AI-powered software platforms and alliances with AI companies like OpenAI, Anthropic, and xAI show the rising demand for big infrastructure. With Nvidia ( ...

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

Palantir Technologies (NASDAQ: PLTR) was the best-performing stock in the S&P 500 last year. The company began to see a lot of momentum with its artificial intelligence (AI) platform, as its focus on ...

AI aimed to release its next major model, Grok 3, in 2024 — but missed that deadline. It adds to a trend among AI companies.

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

Musk’s fortune soared by a record $170 billion in 2024–putting him an all-time high dollar amount ahead of Jeff Bezos, the ...

Nvidia spent over $1 billion in 2024 on artificial intelligence (AI) investments, cementing its role as both the backbone and ...