After helping President Trump get elected, Elon Musk was poised to dominate the countryβs A.I. policies. Then Mr. Altman sneaked into the White House.
Other big technology companies have been boisterous in their courtship of the new administration. But Nvidia and Microsoft have avoided the Washington spotlight.
An apparent breakthrough in efficiency from the Chinese start-up did not make techβs biggest companies question their extravagant spending on new data centers.
President Trump had sued Meta and other tech firms in 2021, arguing that he had been wrongfully censored by them. Meta also reported revenue and profit growth for the fourth quarter.
The tech industry has had an insatiable appetite for Nvidiaβs chips over the last two years. But the feast may be over sooner than many had expected.
Much of the capital investment, a big jump from 2024, will fund expansion of Metaβs data centers, which provide the computing power needed by A.I. products and algorithms.
New rules aim to keep advanced technology out of China and to ensure that cutting-edge artificial intelligence is developed by the United States and its allies.
Constellation Energyβs deal to buy Calpine is being driven by fast-rising demand for electricity in part by the technology industryβs investments in artificial intelligence.