Amazon has agreed to pay Corning billions of dollars for optical fiber to support its rapidly growing U.S. data centers focused on artificial intelligence. This multi-year deal will create around 1,000 jobs at Corning's North Carolina factories and expands Corning's fiber optic technician training program. Corning, known for its optical communications technology, is benefiting from the AI boom with major contracts from Amazon, Meta, and Nvidia. The partnership highlights efforts to strengthen U.S. manufacturing and AI infrastructure amid increasing demand for fast data center connectivity.
The Document AI market is forecasted to grow from $14.66 billion in 2025 to $27.62 billion by 2030, at a CAGR of 13.5%. This growth is fueled by organizations adopting AI technologies like intelligent document processing, generative AI, and workflow ...
The market trades near all-time highs with extreme valuations largely driven by passive investing. Key AI companies like Oracle and Amazon report negative free cash flow despite positive earnings, raising concerns about sustainability. Emerging AI fi...
The global digital advertising market is forecasted to grow from $567.9 billion in 2025 to $2.06 trillion by 2033, with a 17.6% CAGR. Growth is fueled not just by expansion but by a strategic reallocation of budgets toward digital platforms offering ...
TSMC is set to report its Q2 earnings on July 16, with expectations of strong revenue and earnings growth driven by AI demand. Investors will focus on whether TSMC raises its full-year revenue guidance and capital expenditure budget, especially for e...
Meta is set to begin manufacturing its latest AI-specific chips in September to reduce reliance on costly GPUs amid a global component shortage. The company is collaborating with Broadcom for chip design and TSMC for manufacturing, using modular chip...
