Alphabet praises DeepSeek, but it’s massively ramping up its AI spending
Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 ...
Gartner sees 10% IT spending jump in 2025, but don’t get too excited
Gartner said IT services companies and hyperscalers will account for over 70% of spending in 2025 and will soon dominate the AI software and services market as model training costs spiral upward.
Google's big AI-spending plans are boosting chip stocks like Nvidia
Alphabet's big spending plans surprised Wall Street. The news should soothe investors worried about last week's DeepSeek shakeup disrupting the AI narrative.
DXC Technology beats third-quarter profit estimates on steady IT services spending
IT services company DXC Technology reported a third-profit on Tuesday that beat Wall Street estimates, driven by strong enterprise spending on its cloud-based solutions.
Computer Weekly20d
Global IT spending to soar in 2025
“While significant uncertainties remain around global trade, we believe the global IT spending will see robust growth in 2025,” the agency noted in a recent report. “The demand for AI and ...
Zuckerberg says it's too soon to tell what impact DeepSeek will have on AI spending
Mark Zuckerberg said Wednesday it was too soon to say how advancements by DeepSeek, a Chinese startup, would impact Meta's ...
Unisys Tries To Capitalize On AI-Driven IT Spend, But Still Struggling To Be Profitable
Though AI-driven company IT spend may favor Unisys, it lags behind key peers like Accenture and Infosys in fundamental ...
Los Angeles Times8d
Opinion: Trump’s order to freeze spending is patently unconstitutional
On Monday, the most egregious was his announcement that he is freezing the spending on all federal grants and loans beginning at 5 p.m. Eastern on Tuesday. California and six other states are ...