Amazon, Microsoft and more cite AI for 2025 layoffs
Sad female worker carrying her belongings while leaving the office after being fired Isbjorn | Istock | Getty…
Data center deals hit record amid AI funding concerns grip investors
Global data centers dealmaking surged to hit another record high this year, driven by a rush to build…
Analysts say a luxury eyewear giant could be the next AI winner
Key Points Smart glasses look to be the most important growth pillar for EssilorLuxottica in the medium term,…
Meta faces Europe antitrust investigation over WhatsApp AI policy
Meta has been hit with an EU antitrust investigation over its use of AI features in WhatsApp, as…
Nvidia-backed startup Luma AI announces major London expansion
Nvidia-backed video generation startup Luma AI is joining a growing wave of U.S. tech companies launching operations in…
Nvidia shares fall 3% on report Meta will use Google AI chips
Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO…
Markets could face ‘everything bubble’ as selloff rages on
Global stocks have fluctuated wildly over the past week, as concerns about AI valuations hang over equity markets.…
Eli Lilly hits $1 trillion market value, first for health care company
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March…
We could still close the year with a rally despite AI slump
The Nasdaq Composite dropped 0.84% Monday stateside as technology stocks were under pressure, with Apple, Meta and Oracle…
AI still under pressure — but some analysts see a year-end rally
People pose for pictures at the Wall Street Bull in New York’s Financial District on June 24, 2024…
Forget the China gloom — luxury bosses say shoppers are back
People walk past a Prada storefront located in a modern shopping complex on January 26, 2025, in Chongqing,…
‘Big Short’ investor Michael Burry accuses AI hyperscalers of artificially boosting earnings
Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York…