News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.
Alphabet announced plans to raise $80 billion through stock sales to fund AI infrastructure. The company will sell $10 billion in shares to Berkshire Hathaway. Alphabet cited strong demand for AI services exceeding supply, and plans to spend up to $190 billion on capital expenditures this year.
Meta has reportedly laid off about 8,000 employees, roughly 10 percent of its workforce, as part of a cost-cutting effort to offset massive spending on artificial intelligence. The company is also moving thousands of workers to AI projects and closing open roles. CEO Mark Zuckerberg has forecast capital expenditures of up to $135 billion in 2026, nearly double the previous year.
Tesla announced plans to spend $25 billion on capital expenditures in 2026, a sharp rise from prior years, to fund its move into AI and robotics. The company detailed investments in compute infrastructure, manufacturing expansion, Optimus robots, and robotaxi operations during its first-quarter earnings call. CEO Elon Musk called the increase justified for future revenue growth, while CFO Vaibhav Taneja noted upcoming negative free cash flow despite strong cash reserves.
Tesla plans to spend $25 billion on capital expenditures in 2026, up from earlier estimates and past years like $8.5 billion in 2025. The funds target AI infrastructure, robotics production including Optimus, and manufacturing expansions. CEO Elon Musk calls the increase essential for future revenue, amid similar big spends by Amazon and Google.