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This Week in AI: Tech Giants’ Spending Soars; Meta Rethinks Metaverse | PYMNTS.com

This week in artificial intelligence, Big Tech invests in AI, Meta rethinks its metaverse pivot and...

Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending

Amazon shares dropped 4% on Friday after CEO Andy Jassy warned the company could face capacity constraints in its cloud computing unit — despite...

Amazon plans an AI spending spree — joining Google, Meta, and Microsoft

In This StoryAmazon (AMZN0.00%) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial intelligence, even after...

Sundar Pichai says even more AI is coming to Google Search in 2025

Google will continue to go all in on AI in 2025, CEO Sundar Pichai announced during the company’s Q4 earnings call Wednesday. Alphabet shares...

Google slammed with $200B stock hit over AI spending fears, slowing revenue growth

Google parent Alphabet’s stock plunged by more than 8% — wiping out more than $200 billlion in market value — after the search giant...

What DeepSeek just pulled off — and why space tech should worry

On Jan. 27, Wall Street was shaken by a trillion-dollar market drop after the Chinese AI company DeepSeek surpassed ChatGPT in popularity, becoming the...

Alphabet Likely to Face Investor Questions About AI-Related Capital Expenditures | PYMNTS.com

When Google parent company Alphabet reports earnings Tuesday (Feb. 4), it is reportedly likely to face questions from...

Intel shows why Nvidia is still hard to beat

Nvidia might look...

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