Major technology companies have ramped up their capital spending significantly since 2023. They have been spending big-time on putting artificial intelligence (AI) infrastructure in place in a bid to ...

Meta is laying off roughly 600 employees within its artificial intelligence unit, the latest example from big tech that the AI layoff has become as trendy as the lofty AI valuation or acquisition. As ...

Find the latest Next Big Things in Tech news from Fast company. See related business and technology articles, photos, ...

Wall Street gave up more of its recent gains Tuesday after a sell-off in big technology stocks spread from Asia back to the U.S. over worries about potentially higher interest rates by the end of the ...

NEW YORK — Stocks on Wall Street closed lower Wednesday as a pullback in big technology companies outweighed gains elsewhere in the market. The Standard & Poor’s 500 fell 0.6%, weighed down by drops ...

Google and Microsoft have both gone over $100 billion in annual net income. The big technology companies are growing by as much as 20-25% each year. Their combined annual net income is already over ...

Alex Kantrowitz, CNBC contributor and Big Technology founder, joins 'Closing Bell Overtime' to talk the IPO race between several big AI companies, including Anthropic and OpenAI. Got a confidential ...

According to Bloomberg Intelligence, Amazon, Microsoft, Alphabet, Meta Platforms, Apple, and Oracle spent a total of $110.2 billion in capital expenditures (capex) last year, up from $104.2 billion in ...