Alibaba’s (BABA) Main AI App Qwen Draws 10 Million Downloads in Strong Debut
Alibaba Group Holding Ltd.’s Qwen app drew more than 10 million downloads in the week after its relaunch,…
Meta Wins FTC Antitrust Trial Over Instagram, WhatsApp Deals
Meta Platforms Inc. won a key court ruling that the company’s acquisitions of the photo-sharing app Instagram and…
Anthropic Commits $50 Billion to Build AI Data Centers in US
Anthropic PBC plans to spend $50 billion to build custom data centers for artificial intelligence work in several…
Google Rolls Out Apple-Like Message Summaries for Pixel Phones
Alphabet Inc.’s Google is adding new artificial intelligence features to its Pixel devices, including iPhone-like message summaries and…
SoftBank’s Shares Dive After Nvidia Sale Spooks AI-Wary Market
SoftBank Group Corp.’s stock slid as much as 10% after the tech investor’s exit from AI chipmaker Nvidia…
TSMC Monthly Sales Growth Slows as AI Demand Moderates
Taiwan Semiconductor Manufacturing Co. reported slowing growth in its revenue in October, potentially another indication that AI demand…
DoubleLine’s Cohen Sounds the Alarm on AI-Debt Funding Frenzy
Fixed-income investors should tread carefully when it comes to funding the artificial intelligence boom, according to DoubleLine Capital’s…
Qualcomm CEO Says the World Is Underestimating How Big AI Will Get
The promise of artificial intelligence has already upended the economy and added trillions of dollars in market value…
Microsoft to Pursue Superintelligence After OpenAI Deal
Microsoft Corp. is pursuing a more powerful form of AI called “superintelligence” it hopes will be capable of…
US Has Most October Layoffs in Over 20 Years on AI and Cost Cuts
US companies announced the most job cuts for any October in more than two decades as artificial intelligence…
Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock
The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors…
Meta, xAI Spread Risks of AI Splurge With Off-Balance-Sheet Debt
Just this month, Meta Platforms Inc. has secured about $60 billion in capital to build data centers, part…