Posts with tag: sci-fi
Port Hedland iron ore export hub starts clearing vessels amid potential cyclone
Published on: February 11, 2025, 02:01 AM UTC
Meta, Microsoft, Google, and Amazon are expected to spend a combined $228 billion on AI infrastructure in 2025, a 55% increase from 2024. Investors are concerned about the timeline for the payoff and whether such high levels of spending are justified, especially in light of the recent debut of DeepSeek, a Chinese startup that offers competitive AI models at a fraction of the price. Despite these concerns, Meta, Microsoft, and Google have all announced plans to increase their AI spending in 2025, while Amazon is expected to report its AI spending plans when it reports fourth quarter earnings on Thursday.
Published on: February 05, 2025, 08:02 PM UTC
Microsoft (MSFT) reports lower-than-expected revenue for its Intelligent Cloud segment, missing analysts' estimates. Despite overall revenue and earnings beating expectations, Azure revenue falls short of projections.
Published on: January 29, 2025, 10:05 PM UTC