#AI spending
30 stories taggedAI spending · page 2 of 2.
LinkedIn Is Freezing Its AI Data Center Spending for a Full Year
While rivals pour billions into new chips and server farms, LinkedIn says it doubled the efficiency of its existing hardware and saved $24 million in the process.
Microsoft Posts $90 Billion Quarter as Cloud and AI Drive Record Results
Azure revenue crossed $100 billion for the full year, Copilot reached 30 million paid users, and capital spending nearly doubled. Here is what the numbers mean and where the caution flags are.
Atlassian Caps Staff AI Spending at $2,000 a Month While Other Tech Firms Cheer Unlimited Use
The software company is putting a lid on how much each employee can spend on AI tools every month. Elsewhere in tech, some firms have gone the opposite way, turning AI usage into a competitive sport.
AI's Money Problem: Google's Ballooning Costs Spook Investors Across the Whole Industry
Google admitted it will spend up to $205 billion this year, more than its previous top-end forecast. That miscalculation is rattling investors, and the pressure is spreading to every major AI company.
Apple hits $5 trillion as investors ditch AI stocks
The iPhone maker briefly topped a $5 trillion market value on Tuesday, becoming only the second company in history to hit that mark, as money poured out of AI and chip stocks into perceived safer bets.
AI Chip Stocks Tumble as Investors Worry About the Cost of the AI Boom
Samsung and SK Hynix each lost more than 10% of their value in a single day, dragging South Korea's stock market to a three-month low, as doubts grow about how AI companies will pay for their massive data centre build-outs.
Google and Tesla Are Burning Cash on AI. Wall Street Is Starting to Ask Why.
Both tech giants reported better revenue than expected, then watched their share prices fall. The culprit: eye-watering AI spending with returns investors can't yet see.
OpenAI plans to spend $750 billion on infrastructure by 2030, starting with a massive Georgia data centre
The company's first move is a 1,400-acre campus near Savannah that will draw enough electricity to power a small city, mostly from new natural gas plants.
The US Army Ran Out of AI Credits. Here Is What That Tells Us.
The Army promised its workers unlimited AI access. Six weeks later, the credits were gone. Now soldiers and civilian staff face new limits, and one worker told Wired the tools were unreliable anyway.
Asia chip stocks tumble as AI spending fears sweep global markets
SoftBank fell nearly 9% and Japan's top chip equipment makers lost similar ground on Friday, as Wall Street's semiconductor sell-off rippled across Asia and investors asked a pointed question: is the AI building boom worth the cost?
Apple passes Nvidia to become the world's most valuable company again
A 3.5% drop in Nvidia's share price on Friday was enough to hand Apple back the top spot, and it signals that Wall Street is starting to question whether the AI spending boom can keep going at its current pace.
AI Token Spending Is About to Blindside Corporate Bosses, Warns Investor Chamath Palihapitiya
Companies are quietly racking up huge AI bills their CEOs don't even know about. One prominent tech investor says the shock is coming, and it will show up in earnings.
Your Software Bill Is Going Up. AI Is Why.
A major tech research firm warns that AI vendors are passing their enormous infrastructure costs on to business customers through higher prices and unpredictable usage fees.
AI chip executives say demand is 'almost unlimited' even as companies get pickier about costs
Senior figures from chip startups, data centre builders and venture capital say AI infrastructure demand is outrunning supply. But enterprises are now asking hard questions about what they actually get back for the money spent.
Meta's Adam Mosseri thinks companies will soon put spending caps on AI tools, engineer by engineer
The head of Instagram says AI token budgets could become a standard line item on the corporate balance sheet, sitting right next to payroll.