Alphabet said on Wednesday it was still committed to spending some $75 billion this year to build out data center capacity ...

STAMFORD, Conn., March 31, 2025--(BUSINESS WIRE)--Worldwide generative AI (GenAI) spending is expected to total $644 billion in 2025, an increase of 76.4% from 2024, according to a forecast by ...

doubling down on its generative AI bet even as the payoff remains unclear and a global trade war threatens to raise costs. The investment would fund the chips and servers needed to burnish its ...

Tencent President Martin Lau told reporters in a post-earnings call that capital spending would rise to the "low teens" as a percentage of revenue, with AI as a key focus of strategic investments.

President Donald Trump’s November election win drove a surge in business optimism and expectations for capital spending. Four months later, executives have shifted to wait-and-see mode.

With its decision, the Avangrid subsidiary joins Eversource in slashing capital spending in Connecticut in response to what the companies call a series of potentially illegal rate decisions that ...