Browsing: investment

Amazon announces $20 billion investment in two Pennsylvania data center complexes, one near a nuclear power plant

Meta plans to invest $14.3 billion in Scale AI, a start-up that trains artificial intelligence systems, and integrate its CEO into Meta’s new Superintelligence lab leadership.

Australian Prime Minister Anthony Albanese has praised Amazon’s significant investment in the country, citing its potential to boost the economy and productivity

Meta has invested $14.3 billion in Scale AI, valuing the data-labeling startup at $29 billion, as part of a deal that brings Scale AI CEO Alexandr Wang to lead Meta’s superintelligence efforts.

Amazon plans to invest $12.97 billion in Australia’s data center infrastructure from 2025 to 2029, enhancing the country’s artificial intelligence capabilities.

Meta is investing $14.3 billion in Scale AI, with CEO Alexandr Wang leaving to join Meta and continue supporting Scale’s mission as a director.

Meta invests $15 billion in Scale AI, doubling the start-up’s valuation. Explore FT’s coverage with a subscription.

Amazon announced a $10 billion investment plan to expand its data center operations in North Carolina, creating at least 500 high-skilled jobs and boosting its artificial intelligence and cloud computing capabilities.

Forbes Georgia is set to host a limited-attendance event called ‘Creativity Meets Tech’ on June 20, 2025, at the Stamba Hotel Rooftop, bringing together global leaders from technology, media, investment, and entertainment industries.

Amazon plans to launch a new cloud computing and artificial intelligence innovation campus in Richmond County, creating at least 500 new high-paying jobs.