capital expenditures
Google Appoints Amin Vahdat as Chief Technologist for AI Infrastructure Amid Tech Giants' Computing Race
Dec 11, 2025 11:43 am CST
Google has appointed longtime executive Amin Vahdat as chief technologist for AI infrastructure as tech giants compete for AI dominance. The strategic move comes as Google increases investments in data centers and hardware, with capital expenditures expected to exceed $90 billion this year, highlighting how computing capacity is becoming the crucial differentiator in the artificial intelligence market.
Mark Zuckerberg's Net Worth Plunges $29 Billion as Meta's Massive AI Investment Plan Alarms Investors
Oct 31, 2025 09:55 am CST
Meta CEO Mark Zuckerberg dropped to fifth place on the Bloomberg Billionaires Index after Meta's stock fell 11% following the announcement of a $30 billion debt offering to fund AI research. This $29.2 billion single-day wealth decline, the fourth-largest ever recorded, came as investors questioned Meta's plans to spend up to $118 billion on capital expenditures for AI development.