The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's DeepSeek raises questions about the costs of the AI arm's race.
Cabinet members, governors, and long-serving public servants are positioned in rows behind the tech billionaires, with only family seated ahead of them.
Detailed price information for International Business Machines (IBM-N) from The Globe and Mail including charting and trades.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and SoftBank are leading the newly announced Stargate initiative under President Trump — a project aiming to invest $500 billion into AI frameworks over the coming years.
Meta Platforms said on Wednesday it had agreed to pay about USD 25 million to settle President Donald Trump's lawsuit over the company's suspension of his
Shares of Meta Platforms ( META 0.32%) and Salesforce ( CRM -1.65%) soared 350% and 115%, respectively, over the last two years. That price appreciation makes both companies stock-split candidates in 2025. More importantly, Wall Street is generally bullish on Meta Platforms and Salesforce, and certain analysts anticipate material upside.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and SoftBank are leading the newly announced Stargate initiative under President Trump -- a project aiming to invest $500 billion into AI frameworks over the coming years.
Latest earnings for four Magnificent Seven stocks are announced this week. Tesla shares fall then rebound after earnings miss
Present were also Jeff Bezos and Mark Zuckerberg. Alphabet’s Google, along with other companies such as Amazon and Meta, donated $1 million each to Trump’s inaugural fund. Trump will likely ...
One Analyst Firm Just Ranked Nvidia and Alphabet as Its Top 2 "Magnificent Seven" Stocks for 2025. Are Both Stocks Buys?
After DeepSeek R1's impressive performance, global tech-sector titans as a group saw $94 billion of wealth evaporate — roughly 85 per cent of the Bloomberg index's total decline.