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Browsing: spending
The numbers$60.8 billion: Meta’s Q2 revenue, up 28% year over year (YoY).$59.36 billion: Quarterly ad revenue, above analyst estimates of…
A version of this story was originally published in AI, Tech & Money, a free, weekly newsletter packed with news…
OpenAI announced Wednesday that it will spend $750 billion on infrastructure through 2030, some 25% more than it estimated earlier…
The numbers$119.8 billion: Alphabet’s Q2 revenue, up 24% year-over-year (YoY), and outpacing analyst projections of $116.9 billion. $94.5 billion: Revenues from…
Tesla is no longer planning to reach “volume production” of three of its newest products — the Cybercab, the Tesla…
Alphabet investors have very publicly worried that the company’s massive AI spending isn’t worth the money. With the company’s latest…
This post was created in partnership with IbottaLive sports draw some of the largest audiences on the planet, and every…
Companies are burning through exorbitant sums of money to keep pace in the AI arms race. Debt is climbing. Amidst…
AI is getting expensive, and some companies are cutting back on usage in an attempt to moderate costs. That cohort…
Sports TV Ad Spending to Top $20 Billion in 2027 From 2026 to 2030, sports spending will grow…
Elon Musk’s xAI lost $6.4 billion from operations on just $3.2 billion in revenue in 2025, according to SpaceX’s IPO…
Elon Musk’s SpaceX committed to spending over $2.8 billion in recent months to buy gas turbines to power data centers…
Anthropic announced on Monday that Amazon has agreed to invest a fresh $5 billion, bringing Amazon’s total investment in the…
Federal campaign and political action committee spending on security during the 2024 election cycle was over five times the amount…
If you’ve seen the recent ads attacking New York assembly member Alex Bores, you’ll know he used to work…
The numbers$213.4 billion: Net sales in the fourth quarter, increasing 12% year-over-year excluding changes in foreign exchange rates.$21.3 billion: How…
