Alphabet praises DeepSeek, but it’s massively ramping up its AI spending
Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 ...
Google Parent Alphabet Plans to Spend $75B This Year, as Big Tech Goes All in on AI
Key Takeaways Google parent Alphabet said it plans to spend $75 billion in capital expenditures this year, as it expands ...
DXC Technology beats third-quarter profit estimates on steady IT services spending
IT services company DXC Technology reported a third-profit on Tuesday that beat Wall Street estimates, driven by strong enterprise spending on its cloud-based solutions.
Alphabet faces scrutiny on AI spending as Google cloud growth slows
Alphabet will face investor scrutiny over its massive spending on AI when it reports earnings on Tuesday, as revenue growth ...
The Next Platform13d
GenAI Boom: Datacenter Spending Forecast Raised Again
Lovelock hosted a webinar on GenAI spending and expectations for market adoption in conjunction with Gartner’s January 2025 update on global IT spending for 2024 and 2025, and gave some hints about AI ...
Zuckerberg says it's too soon to tell what impact DeepSeek will have on AI spending
Mark Zuckerberg said Wednesday it was too soon to say how advancements by DeepSeek, a Chinese startup, would impact Meta's ...
Unisys Tries To Capitalize On AI-Driven IT Spend, But Still Struggling To Be Profitable
Though AI-driven company IT spend may favor Unisys, it lags behind key peers like Accenture and Infosys in fundamental ...