ByteDance raises 2026 capex by at least 25% amid AI boom, rising memory costs, sources say
TikTok owner ByteDance is ramping up its spending on artificial intelligence infrastructure, boosting its planned capital expenditure this…
Apple Plans to Turn Devices Into AI Platforms
Apple plans to offer third-party artificial intelligence models alongside its own in-house models, Bloomberg reported Tuesday (May 5),…
Big Tech cut 80,000 jobs and blamed AI — Experts say a real problem is that companies are 25% to 75% overstaffed
When we hear about layoffs by large corporations, our first instinct is often to blame artificial intelligence (AI)…
Meta’s Business AI Handling 10 Million Weekly Conversations
Meta has seen a surge in business users employing its artificial intelligence (AI) tools. Speaking during the company’s…
EU rules reining in Big Tech will now target cloud services and AI, regulators say
By Foo Yun Chee BRUSSELS, April 28 (Reuters) – The European Union plans to turn the focus of…
Meta to cut 8,000 jobs, Microsoft offers buyouts to to staff as AI spending costs hit Big Tech workers
Meta (META) on Thursday became the latest Big Tech company to announce layoffs as the ballooning costs of…
Apple launches Business platform to streamline company tools
Apple has launched Apple Business, a new platform that combines device management, business tools and support for companies.…
Can Carbon Credits Clean Up Big Tech’s AI-Fueled Emissions Surge?
As multiple large-scale data centres are developed around the globe, Big Tech is investing heavily in a range…
Big Tech Is Raiding the Energy Sector to Power the AI Boom
As the tech sector expands, in line with the growing global demand for advanced technologies, it appears that…
Nvidia Shares Go Cold Even as Big Tech Spending on AI Balloons
Photographer: David Paul Morris/Bloomberg (Bloomberg) — Big Tech keeps raising its spending plans for artificial intelligence infrastructure, yet…
Alphabet sells bonds worth $20 billion to fund AI spending
(Adds dropped word ‘said’ in paragraph 1) Feb 10 (Reuters) – Alphabet said it sold bonds worth $20…
myFirst expands kid-safe tech ecosystem with Circle app
Children’s technology brand myFirst has expanded its range of connected devices and updated its myFirst Circle family app,…