Meta’s stock slides on AI bubble fears, as Zuckerberg calls for increased spending
Meta Platforms Inc.’s plans to increase spending on artificial intelligence infrastructure made investors jittery today, and its stock…
Microsoft’s massive AI spending draws investor concerns as cloud business booms
By Aditya Soni and Deborah Mary Sophia (Reuters) -Microsoft’s AI infrastructure spending to meet growing cloud services demand…
Meta Earnings: Investors Question Mark Zuckerberg Extensive AI Funding
Meta CEO Mark Zuckerberg fielded a barrage of investor questions on Wednesday about where exactly the billions of…
AI Music Company Udio Settles Lawsuit With Universal Music Group
Universal Music Group (UMG) and Udio, one of the top AI music models on the market, have announced…
Tech giants are spending big on AI in a bid to dominate the boom
The titans of the technology sector are ramping up their spending on artificial intelligence, as they rush to…
Microsoft Is Dramatically Boosting AI Investments as It Races to Keep Up With Demand
Key Takeaways Microsoft said its capital expenditures climbed to $34.9 billion in its fiscal first quarter, up from…
Gemini for Home is finally rolling out for early access – here’s how to try it first
Google Follow ZDNET: Add us as a preferred source on Google. ZDNET’s key takeawaysGoogle just began offering Gemini for Home…
Teenage boys using ‘personalised’ AI for therapy and romance, survey finds | Artificial intelligence (AI)
The “hyper-personalised” nature of AI bots is drawing in teenage boys who now use them for therapy, companionship…
YouTube Employee Buyouts and Restructuring Launch Citing AI Disruption
YouTube continues to be a dominant force in advertising and entertainment, but the disruption from generative artificial intelligence…
Aaron Ward’s Huckleberry raises $2.1m to bring AI-powered staff feedback to workplaces
I might tell the AI, “Dave’s a real dick. He’s always late to meetings. I find it incredibly…
Andreessen Horowitz Invests in Legal AI Startup Harvey at an $8 Billion Valuation
Harvey, a startup building artificial intelligence tools for law firms, has closed its third major funding round of…
Google parent Alphabet beats forecasts with first $100bn quarter | Alphabet
Google’s parent company, Alphabet, displayed steady growth in its core advertising business and cloud computing division as it…