Vast Data in talks with Alphabet’s CapitalG, Nvidia to fund round at up to $30B valuation
The round could make the AI data storage company one of the most valuable in the world.
Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than double its spend on building AI infrastructure â like data centers and servers. âWe currently expect 2025 capital expenditures, including principal payments on finance leases, to be in the range of $66-72 billionâ¦up approximately $30 billion year-over-year at the midpoint,â Meta said.
Trumpâs AI strategy trades guardrails for growth in race against China
The Trump administration published its much-anticipated AI Action Plan Wednesday, signaling a sharp shift away from former President Bidenâs cautious approach to addressing the risks of AI, and toward a focus on speed, sovereignty, national security, and competing with China.