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#capital expenditure

6 stories taggedcapital expenditure.

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AI Business

SpaceX Reports Record Revenue but Shocks Investors With $16 Billion AI Spending Bill

The rocket company beat earnings expectations by a wide margin, then watched its share price drop 10 percent after revealing it spent nearly $16 billion on AI infrastructure in a single quarter.

3 min read
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AI Business

Zuckerberg Wants to Sell Spare AI Computing Power, But Admits Meta Doesn't Know How Yet

Meta is sitting on enormous computing capacity and getting premium offers to lease it out. Zuckerberg says he's tempted, but selling too much now could kneecap the company's own AI plans.

5 min read
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AI Business

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 why a few caution flags remain.

4 min read
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AI Business

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 that investors can't yet see.

4 min read
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AI Business

Google Made $119.8 Billion Last Quarter and Still Ran Out of Cash

Massive AI infrastructure spending pushed Google into negative cash flow for the first time ever, even as its cloud and search businesses hit record highs.

3 min read
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AI Business

TSMC Pours Another $100 Billion Into Arizona as AI Chip Demand Shows No Sign of Slowing

The world's most important chipmaker is doubling down on its US bet, bringing its total Arizona commitment to $265 billion and pointing squarely at AI as the reason.

3 min read
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