Topic: AI Infrastructure Investment
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Bright Data Wins $100M AI Battle Against Elon Musk and Meta
Bright Data won legal battles against Elon Musk's X and Meta, securing its position in data intelligence and enabling a $100 million investment in AI infrastructure. The company launched Deep Lookup and Browser.ai, offering advanced web data extraction and automated browsing while maintaining com...
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Trump Unveils $500 Billion "Project Stargate" AI Initiative: A Bid for Global Dominance or a Gamble with the Future?
In a sweeping announcement yesterday, President Donald Trump revealed Project Stargate, a $500 billion public-private partnership with tech titans OpenAI, Oracle, and SoftBank. The initiative, touted as the largest AI…
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Can Saudi Arabia Power 7% of Global AI and Win Trust?
Saudi Arabia is investing heavily in AI, launching Humain and earmarking $10 billion for AI startups, aiming to diversify beyond oil and compete globally, though leadership requires more than just financial resources. The kingdom plans to develop 6.6 gigawatts of AI computing capacity by 2034, wi...
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AI Is Accelerating Change Faster Than You Think
AI adoption is accelerating exponentially, with technologies like ChatGPT reaching 800 million users in just 17 months, outpacing previous tech revolutions. Investments in AI are massive, with training costs hitting $1 billion, while usage costs have dropped 99% due to efficiency gains like Nvidi...
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Meta Hires Two More Top OpenAI Researchers
Meta has hired two high-profile OpenAI researchers, Jason Wei and Hyung Won Chung, to join its Superintelligence Lab, intensifying the competition for AI talent. The hires reflect Meta's strategy to build elite teams for AGI research, leveraging the researchers' expertise in reasoning models and ...
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