Tesla Profit Slumps, but Investors May Not Care
The automaker also said it would invest $2 billion in xAI, the artificial intelligence company controlled by its C.E.O., Elon Musk, and stop making...
Microsoft Continues to Spend Big on A.I. While Profit Jumps 60%
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 7 percent...
How the A.I. Boom Could Push Up the Price of Your Next PC
A.I. companies are buying up memory chips, causing the prices of those components — which are also used in laptops and smartphones — to...
Amazon and Google Eat Into Nvidia’s A.I. Chip Supremacy
The rivals made billions of dollars in the business over the past year, showing other companies that Nvidia isn’t the only game in town.The...
Meta Forecasts Spending of at Least $115 Billion This Year
That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.That would...
