Big Tech share buybacks decline as AI race escalates costs

Meta's strategic AI infrastructure expansion, driven by Powell McCormick's Wall Street ties, could redefine tech-finance collaboration dynamics. The post Meta’s Dina Powell McCormick taps Wall Street connections to fund AI infrastructure push appeared first on Crypto Briefing.

Guardrails positions itself as a populist political movement that runs on small donations from people in the trenches of the AI boom.

Baseten's rapid valuation growth highlights the increasing demand for AI infrastructure, signaling a shift towards open-source model optimization. The post Baseten raises $1.5B in new funding round, valuation soars to $13B appeared first on Crypto Briefing.

The swift passage of the anti-deepfake bill signals a growing regulatory focus on AI, potentially accelerating future tech legislation. The post Anti-deepfake bill advances to Senate floor, creating new rules for AI-generated content appeared first on Crypto Briefing.

CPP Investments, Canada’s largest pension fund, has committed up to ₹70 billion (approximately $741 million) to Hyderabad-based data center operator CtrlS, backing India’s expanding role in global AI infrastructure. The deal involves a ₹40 billion stake acquisition giving CPP Investments an 8.2% share in CtrlS, plus a joint venture to develop hyperscale data center campuses […]

DRAM's rapid growth highlights a shift towards targeted AI infrastructure investments, emphasizing memory's critical role in tech evolution. The post Roundhill Memory ETF $DRAM crosses $20B in assets under management appeared first on Crypto Briefing.

Pinterest has unveiled a standalone experimental app, Ask Pinterest, that brings conversational AI to product discovery and shopping, drawing on the company’s proprietary Taste Graph to deliver personalised recommendations through natural-language queries. The app supports complex, multistep requests and retains user context across sessions, with saved Pins and Boards used to further tailor results. The […]

Micron's AI-driven growth could reshape tech investment strategies, highlighting the critical role of memory in future AI infrastructure. The post Micron reports earnings on June 24, expects record revenue growth driven by AI memory demand appeared first on Crypto Briefing.