Meta predicts its generative AI products could bring in between $460 billion and $1.4 trillion by 2035, alongside revealing massive investments in AI development and infrastructure.
Tag: AI Investment

Elon Musk’s merger of xAI and X is a bold move towards AGI dominance, leveraging X’s data and platform for xAI’s AI ambitions, despite financial and regulatory challenges.

Amazon CEO Andy Jassy emphasizes the critical need for aggressive AI investment now to secure financial success in the future, highlighting Amazon’s own massive spending plans.

Saudi Arabia’s making a huge leap from oil barrels to binary code, pouring a whopping $5 billion into a shiny

In 2024, the generative AI sector not only silenced doubts about its sustainability but also raised profound ethical questions as