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technology-spending

2 stories related to this topic, newest first.

ByteDance Raises 2025 AI Infrastructure Budget to 200 Billion Yuanthehindu.com
ai2 hrs agoDeveloping

ByteDance Raises 2025 AI Infrastructure Budget to 200 Billion Yuan

ByteDance has raised its planned spending on AI infrastructure for this year by 25 percent to 200 billion yuan. The increase comes as memory chip costs continue to rise. The South China Morning Post first reported the revised figure.

FI
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Anthropic Agrees to Spend $363 Billion on Cloud Computing and ChipsSemafor
ai2 days agoDeveloping

Anthropic Agrees to Spend $363 Billion on Cloud Computing and Chips

Anthropic has committed to major payments for computing resources over the coming years. The company agreed to pay Google $200 billion over five years, Amazon Web Services $100 billion over a decade, and Broadcom $63 billion by 2027. Other large technology companies also announce…

Semafor
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