Big Tech Earnings Reveal Cracks in Case for Massive AI Spending
A week that saw the Federal Reserve cut interest rates and dozens of US companies report earnings nevertheless…
Meta Defies AI Spending Gloom With Its Record-Breaking Bond Sale
Meta Platforms Inc. found record-shattering demand for its bond sale on Thursday even as its shares plunged, in…
Mark Zuckerberg Net Worth Falls as Meta’s AI Spending Plan Spooks Investors
Mark Zuckerberg fell to fifth place on the Bloomberg Billionaires Index — the lowest in nearly two years…
Samsung’s Chip Profit Soars After AI Fuels Demand for Memory
Samsung Electronics Co.’s semiconductor arm reported a bigger-than-expected 80% surge in profit, suggesting global AI demand is helping…
AI Spending Is What Matters Most in Alphabet, Microsoft Earnings
Artificial intelligence is so essential to the three-year bull market in US stocks that updates on spending and…
Amazon, Apple, Meta, Alphabet, Microsoft Earnings: Watch These Five AI Signals
Nvidia CEO Jensen Huang’s insistence this week that he did not “believe we’re in an AI bubble” is…
Amazon to Invest Another $5 Billion in South Korea Data Centers in AI Push
Amazon.com Inc. is setting aside another $5 billion for investment in South Korean data centers, sharply ramping up…
What Is AGI? Why OpenAI, Anthropic Are Targeting Artificial General Intelligence
In the three years since ChatGPT’s release, tech companies in the US and China have invested hundreds of…
Inside Apple’s Pivot From a ‘Vision Air’ Headset to Meta-Like Smart Glasses – Bloomberg.com
Inside Apple’s Pivot From a ‘Vision Air’ Headset to Meta-Like Smart Glasses Bloomberg.comMark Zuckerberg Just Got Some Powerful New…
Instagram Is ‘Exploring’ a Dedicated TV App in Video Push
Instagram is exploring building a dedicated TV app as part of a deeper push into video, a move…
Nvidia Partner Hon Hai’s Sales Rise 11% in Boost for AI Outlook
Nvidia Corp.’s major server production partner Hon Hai Precision Industry Co. reported 11% growth in quarterly sales, signaling…
OpenAI Completes Share Sale at Record $500 Billion Valuation
OpenAI has completed a deal allowing current and former employees to sell about $6.6 billion worth of shares…