Topic
technology-spending
5 stories related to this topic, newest first.
Substrate placeholder — needs reviewfinance40 days ago
Uber Reports AI Spending Exceeded Annual Budget in One Quarter
The company stated that artificial intelligence tools increased engineer productivity and prompted slower hiring. Officials said spending on AI applications used the full yearly allocation within three months.
/stocks-soar-as-u-s--and-china-make-progress-in-trade-talks-1175349466-6f3226bd64394ffca84fe81aa65f9565.jpg)
investopedia.comfinance46 days ago
U.S. Stocks Rise in Early Friday Trading on Hopes for U.S.-Iran Deal
U.S. stocks moved higher in early trading on Friday. Gains followed reports citing expectations of a peace agreement between the U.S. and Iran and continued AI-related spending.
indianexpress.comai53 days ago
Microsoft and Uber Reduce Internal AI Tool Spending After High Usage
Microsoft has canceled most direct Claude Code licenses and directed engineers to GitHub Copilot CLI. Uber exhausted its full 2026 AI coding tools budget within four months of active promotion.
finance.yahoo.comai66 days ago
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
Semaforai69 days ago
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…