… She called them “backroom deals,” pointing out that among those helping to make the decision on how the money was distributed was Dario Gil, a 22-year IBM veteran who now is undersecretary for science at the DOE. “I do not question the legitimacy of any of these companies or our government’s need t…
… Two months after OpenAI launched ChatGPT in November 2022, kicking off the generative AI era, Microsoft invested another $10 billion over multiple years, a move that brought its total investment to more than $13 billion. …
… Google Cloud chief executive officer Thomas Kurian said the company’s innovation spree is keeping pace with the rapid demand for agentic AI among developers and other customers, noting that almost 75 percent of Google Cloud customers now use the company’s AI products. “Just one year ago, we stood o… …
… To make those investments in AI infrastructure, the AI model builders have themselves had to raise tremendous amounts of money from investors – sometimes including their AI compute engine suppliers, which is a bit of roundtripping, indeed. …
… To cover that processing demand and address a revenue backlog that stands at $240 billion, Google has to buy an incredible amount of iron in 2026, and Anat Ashkenazi, chief financial officer at Google, laid out the plan. “The investment we have been making in AI are already translating into strong … …
… It may have to wait for years four or five and beyond to see deep profits from its AI hardware investments. But after that, it has a vast network of AI capacity to sell to OpenAI, or any other model builder, or its enterprise customers base. …
… Some prior investments in infrastructure are clearly paying off. As Q1 2026 came to an end, Google had shelled out $35.67 billion in capital expenses, and the company said that about 60 percent was for servers and 40 percent was for networking and datacenters. …
… Microsoft had some success with its Turing LLM and then a hybrid Megatron-Turing model created in conjunction with Nvidia, but a little more than a year before that chattybot moment, back in September 2020 Microsoft had inked a deal with OpenAI for an exclusive license to OpenAI models including ac… …
… A report published in June 2024 – AI Transformation Is Driving Digital Business – warns that the disparity in AI capabilities and investment between leading and nascent organisations underscores a competitive advantage. “Mastering AI is essential in the digital business era. …
… It is an area that hasn’t gotten the attention it needs, the scientists argue. “When it comes to the hard work required to uncover and substantiate truly promising quantum applications, we believe the quantum industry appears to face a classic collective action problem, leading to systemic under-in… …