Tech Investment

In a significant escalation of its investment in artificial intelligence, Meta, the Silicon Valley tech giant, has raised its spending forecast for the current year and beyond. The company now expects to spend over $70 billion on AI-related initiatives, a substantial increase from its previous projections. This ambitious plan underscores...

In a bid to diversify its economy and shed its reputation as solely an oil-rich nation, Saudi Arabia is aggressively investing in artificial intelligence (A.I.) and data infrastructure. The kingdom is making strategic partnerships with tech giants from both the United States and China, positioning itself at the center of...

In a significant move that underscores the growing investor enthusiasm for artificial intelligence (AI) startups, Reflection AI has successfully raised $2 billion in its latest funding round. This substantial investment comes at a time when concerns are mounting that the AI sector may be experiencing a bubble, with valuations and...