
AI Spending Growth Slowed in August as Top Firms Cut Per-Employee Spend
Ramp data shows business AI adoption growth slowed in August, while per-employee AI spending at the top 1% of AI-using firms fell nearly 10% from July.
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Ramp data shows business AI adoption growth slowed in August, while per-employee AI spending at the top 1% of AI-using firms fell nearly 10% from July.

Nvidia is investing $3.5 billion in MediaTek as the companies expand their partnership around custom AI chips, NVLink Fusion, AI PCs and automotive systems.

Relativity Networks raised $22 million to expand hollow-core fibre technology designed to transmit data faster across large data centre deployments.

A new natural gas price forecast warns costs could rise sharply as Amazon, Google, Meta and Microsoft expand gas-powered AI data centre investments in the U.S.

India is offering zero taxes on AI compute and data centre workloads until 2047 to attract global AI companies, hyperscalers, and cloud providers amid rising geopolitical and cost pressures.
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