Google boosts AI investment and expands Gemini AI, positioning itself as a strong competitor to OpenAI in the global AI race.
Browsing: AI investment
Investors are shifting focus from AI potential to profitability, emphasising execution and financial outcomes over mere technical capability.
Potential $50bn Amazon stake in OpenAI underscores strategic bets on AI compute and cloud infrastructure growth.
SoftBank is in talks to invest up to $30bn more in OpenAI, spotlighting rising capital concentration around leading generative AI platforms.
Global spending on AI is forecast to hit US$1.48 trillion in 2025, driven by growth in generative AI tools, according to Gartner.
GlobalConnect invests in AI platform to enhance customer experience and operational efficiency in telecommunications.
Iliad Group commits $3B to AI investments, expanding its data centres and AI infrastructure across Europe to support leading AI companies.
BTW’s exclusive: Fa Zhang reveals that Poly Technologies prioritises deep tech innovation rather than rapid commercialisation in AI investments.
AI startups in China have the greatest innovation potential in software, as competing with established hardware giants is challenging.
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OUR TAKEThe Nasdaq 100 Index is teetering on the edge of a correction, largely due to Big Tech stocks not…
Republican lawmakers have urged the Biden administration to assess Microsoft’s $1.5 billion investment in AI firm G42.