Tech giants pledge to spend more on AI despite bubble concerns

Google, Meta and Microsoft will spend billions of dollars more on AI infrastructure this year and next, expanding a boom driving U.S. economic growth. Source link

Bechtel, Kiewit snare piece of $550B US-Japan AI infrastructure deal

Dive Brief: Bechtel, the second largest contractor in the U.S. by revenue, has signed a memorandum of understanding with the Department of Commerce to support Japan’s $550 billion investment in U.S. power, data center and manufacturing infrastructure, the firm announced Tuesday. In addition to Reston, Virginia-based Bechtel, the White House listed Omaha, Nebraska-based Kiewit as […]

DHS ends automatic extensions of immigrant work permits

Dive Brief: The Department of Homeland Security will end the automatic extension of certain immigrant work permits pending renewal, according to a press release issued Wednesday by the U.S. Citizenship and Immigration Services. Under an interim final rule set to publish and take effect Thursday, DHS will take away a safety net that granted immigrants a […]