Google CEO Sundar Pichai says the company will invest approximately $75 billion in capital expenditures — most of which is expected to fund AI development.
As of September 2024, AMD had $4.5 billion in cash and cash equivalents against total debt of $1.7 billion. AMD took on debt to acquire Xilinx, but Xilinx generates healthy cash flow, and now that AMD ...
Commentators are right to say DeepSeek's new AI chatbot is a game changer but do not take all the hype about China now dominating the field too seriously.
Major global contenders in the AI race Since ChatGPT was launched in 2022, generative artificial intelligence (AI) has blossomed around large US companies, with a few European and Chinese rivals. - ...