Meta plans to nearly double AI spending to $135bn in 2026, aiming to boost productivity and transform its operations.

Facebook and Instagram-owner Meta has boosted its capital spending plans for this year by 73% in the pursuit of "superintelligence," an effort to...

In 2025, something occurred that, until a few years ago, seemed difficult even to imagine: artificial intelligence (AI) absorbed about 50% of all...

In 2025, something occurred that, until a few years ago, seemed difficult even to imagine: artificial intelligence (AI) absorbed about 50% of all...

From Alphabet to X, eight of the largest tech giants spent a record of $71 million combined on U.S. political lobbying in 2025, according to a new...

Meta Platforms Inc.'s better-than-expected sales outlook helped ease Wall Street concerns about plans for unprecedented spending on artificial...

Tesla plans to more than double capital spending to a record high of more than $20-billion this year.

His comments seemed to hint at further layoffs at the owner of Facebook, Instagram and WhatsApp.

That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.

South African executives are entering 2026 with heightened optimism for growth, increased hiring plans and an intensified focus on artificial...