Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of slowing.

OpenAI co-founder and CEO Sam Altman further recently stated at a conference in Washington, D.C., that AI would cause entire categories of jobs to be “totally, totally gone” calling out customer ...

If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, they’re likely to be assuaged by its blockbuster earnings report on Wednesday.