Meta will invest $600 billion in US data centers, boosting AI growth and jobs but raising concerns over power and infrastructure strain.

Anthropic isn’t the only AI company pouring billions into building out data centers, as OpenAI and SoftBank announced the $500 billion “Stargate Project” in January, which will light up a series of AI data centers around the US, starting with Texas. Meta has also committed $600 billion to invest in US infrastructure and data centers.

Artificial intelligence company Anthropic, developer of the chatbot Claude, announced Wednesday that it will invest $50 billion in new computing

Apple’s restrained AI spending—$14 billion versus Microsoft’s $94 billion and Meta’s $70 billion—is emerging as an advantage as investors scrutinize massive tech spending. The iPhone maker’s stock is outperforming Big Tech rivals as investors seek a more defensive investment amid concerns about returns on massive AI capital spending.

The AI capex boom is at an inflection point that marks not only a technological revolution but also a fundamental transformation in how it is financed through capital markets.

The next few years promise a sea change for what may be the most important aspect of the artificial intelligence industry.

While the study has its fair share of critics, it has raised alarms when it comes to the business benefits around a multi-billion-dollar advancement in the tech industry.

How can investors assess exposure across the expanding AI value chain? ow can investors assess exposure across the expanding AI value chain? This article explores how indices map the ecosystem across semiconductors,

ASML announced it sold 66 new lithography machines in the third quarter. Net sales were 7.5 billion euros ($8.61 billion), unchanged from a year ago. The company issued guidance for the full year calling for total net sales to be about 15% more than a year ago.

CapitalG’s Laela Sturdy on where she’s putting her money, and why investing in AI startups requires a ‘strong stomach.’