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The AI spending frenzy is just getting started

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69% Informative

Microsoft CEO Satya Nadella said he’s “not in the details” about Stargate , the supposedly multi-hundred-billion AI infrastructure project driven by his marquee investment, OpenAI .

The most striking aspect of Stargate is that the biggest backer has decided to not participate in what Sam Altman is calling “the most important project of this era” Mark Zuckerberg said that Meta 's planned 2GW data center in Louisiana “is so large it would cover a significant part of Manhattan .

The CEO says he's not looking at M&A, but he's looking to execute the core strategy.

He says Reddit is focused on the core of community conversations and information about current events.

The CEO was critical of TikTok , which was banned in the U.S. for violating free speech.

Meta pre-announced its Capcut competitor and is trying to lure creators away with cash.

ByteDance is saying it wants to do a deal but seems increasingly backed into a corner.

With TikTok still not available to download in the US , its competitive threat to Meta , YouTube , and others decreases every day .

VR Score

57

Informative language

47

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42

Article tone

informal

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English

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33

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short-lived

External references

26

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