XAI Grok 1 launched in November 2023 using rented Oracle GPUs, but xAI shifted to in-house builds due to compute shortages.

Elon Musk attempted to involve Mark Zuckerberg in his $100 billion bid to acquire OpenAI, as disclosed in a recent court ...

The developments come at a time when Meta is restructuring its AI efforts by building the SuperIntelligence Labs, which has ...

As Meta Platforms Inc. and OpenAI prepare to launch gigawatt-scale AI data centers by 2026, the surging electricity demand ...

Meta is doubling down on Artificial Intelligence (AI), investing billions of dollars to future-proof its platforms. Under ...

The advance of cutting-edge AI is showing signs of slowing. For many companies looking to harness the technology, that wouldn’t be a terrible thing.

Meta has reportedly inked a $10 billion deal with Google for the use of its cloud services.

Meta's own data centers are not enough for Mark Zuckerberg. To get AI services up and running more quickly, he wants to spend ...

CEO Mark Zuckerberg in a $97.4 billion takeover bid for OpenAI, the AI company that Musk co-founded in 2015 with Sam Altman.

Meta partners with Midjourney to license "aesthetic technology" for future products, aiming to enhance visual quality and ...

While AI is one of the structural themes informing our investment thinking, as ever, we remain firmly committed to diversification. Our clients’ portfolios are spread across thousands of securities, ...

CREDIT investors are pouring billions of dollars into artificial intelligence investments, just as industry executives and ...