#AI spending
30 stories taggedAI spending.
When Should a Company Stop Renting AI and Start Owning It?
Buying AI by the request works fine for experiments. Once it becomes a daily business operation, the maths can flip completely.
Jensen Huang says Nvidia will grow 70% next year. Here is what that number actually means.
The chip giant's CEO told investors he can see the future of AI spending, because almost every company building AI tells Nvidia exactly what they are buying. The math points to roughly $680 billion in revenue by the end of next year.
AI spending growth nearly stalled in August. Should the big labs be worried?
New data from 70,000 companies shows businesses are still buying AI tools, but the pace of growth has slowed sharply, and prices are falling faster than usage is rising.
Google and Accenture Launch Joint Team to Put AI Engineers Inside Big Companies
Google holds just 6% of enterprise AI spending against rivals at nearly 40% each. A new unit training 1,000 dedicated engineers is its latest push to close the gap.
AI labs flooded the market with new models in a single week. Here is what actually changed.
Anthropic, Meta, Google, and OpenAI each released new or updated AI models within days of each other, while Nvidia agreed to buy Hugging Face for $12.9 billion. The pace is exciting and exhausting in equal measure.
Alibaba's Profit Falls 75% as the Company Bets Big on AI
The Chinese tech giant is pouring money into data centres and chips. Investors are nervous, and shares slid 4% on the news.
OpenAI is closing the gap on Anthropic among US business customers
New spending data from 70,000 American companies shows Anthropic still leads, but OpenAI is growing faster right now. The real story is how quickly businesses are willing to switch.
Enterprises are buying AI computing power for speed, but most have no idea what it costs
A survey of 170 companies finds two-thirds are running live AI systems, yet fewer than half can say with any rigour what that computing infrastructure actually costs them.
Asian Tech Stocks Slide as SK Hynix Drops Nearly 10% on AI Spending Fears
A sharp sell-off swept through Asian chip and tech stocks on Thursday, but analysts say the underlying AI investment story has not changed.
Rippling Was Burning Millions on AI. So It Built a Tool to Stop It.
The HR software company found one engineer spending $50,000 a month on AI tokens. Its new AI Spend Console aims to make sure that never happens to you.
ChatGPT Is Pulling In 90% of Congress's AI Spending
House disbursement records show lawmakers spent around $100,580 on ChatGPT in a single year, dwarfing all other AI tools combined. Anthropic's Claude came second, at a distant $13,160.
SK Hynix surges 25%, Samsung jumps 20% as AI spending fears evaporate overnight
Blowout cloud results from Amazon and Microsoft sent Asian chip stocks soaring on Friday, wiping out a week of losses driven by fears that AI investment was running ahead of reality.
Big Tech Is Spending Hundreds of Billions on AI. So Far, Almost Nobody Is Making Money From It
Google, Meta, Microsoft and Amazon all reported their latest financial results this week. Enormous AI spending, thin returns, but millions of new users and a few signs the bets might pay off.
Microsoft soars, Meta sinks: AI spending is splitting Big Tech in two
Both companies are pouring billions into artificial intelligence. One set of investors cheered. The other hit sell.
Amazon's cloud business is booming. But whose money is paying for it?
Amazon beat earnings forecasts and raised its spending plans to $220 billion. Investors cheered. The catch: a lot of that cloud revenue flows straight from AI companies that are still burning cash.