Microsoft to spend record $30 billion this quarter as AI investments pay off

by Chris Dubois | Jul 30, 2025 | AI News

Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its massive bets on artificial intelligence. 

Meta has been on an AI spending spree. Earnings show it’s paying off

by Chris Dubois | Jul 30, 2025 | AI News

[[{“value”:” New York  —  If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent— and its ambitious “superintelligence” goal — they’re likely to be assuaged by its blockbuster earnings...

Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club

by Chris Dubois | Jul 30, 2025 | AI News

Microsoft Chairman and CEO Satya Nadella speaks in front of the OpenAI logo at the Microsoft Build conference in Seattle, Washington, on May 19, 2025. Jason Redmond | AFP | Getty Images The $4 trillion club has a second member, at least based on after-hours trading....

Mark Zuckerberg touts the potential of “personal superintelligence”

by Chris Dubois | Jul 30, 2025 | AI News

[[“value”:” MoneyWatch Edited By , Updated on: July 30, 2025 / 5:31 PM EDT / CBS News Inside the debate over teens using AI for support Meta CEO Mark Zuckerberg’s vision of AI involves “personal superintelligence” that will help...

Showrunner, an AI-powered streaming service, launches in alpha this week

by Chris Dubois | Jul 30, 2025 | AI News

Fable, a startup designing tools to generate animated TV shows from scratch, is launching an AI-powered streaming service this week, Variety reports. The service is called Showrunner, and it will allow subscribers to generate scenes, view content created for...