Massive AI spending shows early payoff for Big Tech ...Middle East

The Hill - Technology
Massive AI spending shows early payoff for Big Tech
{beacon} Technology  

The billions of dollars Big Tech has poured into artificial intelligence (AI) development seem to be paying off as companies show they can produce results, earning Wall Street’s stamp of approval for now. 

How policy will be impacting the tech sector now and in the future:

    Google announced Monday that it has struck agreements with two regional grid operators to reduce its data center demand at times when the grid is under more strain.  The tech giant unveiled agreements with Indiana Michigan Power and the Tennessee Valley Authority to shift certain workloads to limit the stress on the grid in a process known as demand response.  “As AI growth accelerates, we recognize the need …

    Tesla grants Musk $29B ‘good faith’ share package

     Full Story  

    News we've flagged from the intersection of tech and other topics:

    Trump's AI strategy against China gets its first big test (Wall Street Journal) AI slop is ruining all of our favorite places to scroll (Axios) 

    CFTC launches 'crypto sprint'

    Branch out with other reads on The Hill:

    As tech companies race to power data centers to support artificial intelligence services, some Americans are reporting spikes in their electricity bills. The Trump administration recently released an “AI Action Plan,” which vowed to expedite permitting for the construction of energy-intensive data centers. During the unveiling of the plan, President Trump acknowledged the growing need for power to run these centers, which are …

    Op-eds in The Hill

    Hence then, the article about massive ai spending shows early payoff for big tech was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

    Read More Details
    Finally We wish PressBee provided you with enough information of ( Massive AI spending shows early payoff for Big Tech )

    Apple Storegoogle play

    Last updated :

    Also on site :



    Latest News