Tag: tech investment
ByteDance Plans Massive $70 Billion Investment in AI Infrastructure in 2026
ByteDance aims to boost AI capabilities with $70 billion capital expenditure, reallocating most of its 2025 profits to computing infrastructure.
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AMD Commits Over $10 Billion to Taiwan AI Infrastructure to Rival Nvidia
AMD plans to invest more than $10 billion in Taiwan’s AI infrastructure, aiming to strengthen its position against Nvidia in advanced AI chip production.
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Anthropic Eyes $1 Trillion Valuation Following Major Deals with SpaceX and AWS
Anthropic’s recent partnerships with SpaceX and AWS position the AI startup for a potential valuation near $1 trillion.
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Private Investors Gain Access to Shares of OpenAI and Other Private AI Firms via Crypto Platforms
Cryptocurrency platforms are enabling private investors to buy shares in leading private AI companies like OpenAI, Anthropic, and xAI.
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OpenAI Strikes Major Deal with AI Chipmaker Cerebras, Securing Significant Computing Power
OpenAI commits over $20 billion to Cerebras for AI server usage, doubling its initial agreement for advanced computing capacity.
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Xiaomi Plans to Double R&D Spending to $29 Billion, Urges Competitors to Follow Suit
Xiaomi to boost research investment to $29 billion over five years, emphasizing innovation in the competitive electric vehicle market.
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US Researchers Advance Feasible Orbital Data Center Concept Inspired by 1960s Designs
US scientists revisit a half-century-old concept to develop a viable space-based data center stabilized by gravitational and centrifugal forces.
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