Amazon Eyes $25 Billion Debt Raise For AI Investments
Amazon, Alphabet, Microsoft and Meta are collectively expected to spend more than $700 billion on AI this year.
Artificial Intelligence
AI Economy Fuels Wealth Gap Across The US
AI is creating significant wealth for technology companies, investors and highly skilled workers, while recent graduates, low-income families and many creative professionals face mounting financial pressures.
Microsoft Cuts 4,800 Jobs As AI Push Reshapes Business
According to the report, about 1,600 of the job cuts will affect the Xbox division immediately, with additional reductions planned during the fiscal year.
Why Did Legion LegalTech Drop Its Lawsuit Against the U.S.
According to the report, the company ended its legal challenge after the U.S. Commerce Department lifted export controls that had prompted Anthropic to suspend access to its Fable 5 and Mythos 5 models.
How Could AI Change The Future Of Warfare
Tsinghua University in Beijing, Geiss warned that autonomous weapons and AI-driven battlefield decisions are accelerating the pace of conflict, creating a dangerous global security environment.
Google Loses Appeal Against €4.1 Billion EU Antitrust Fine
The ruling effectively upholds one of the largest competition penalties ever issued by the European Commission.
Zuckerberg Says Meta's AI Agent Progress Has Been Slower Than Expected
Speaking during an internal town hall, Zuckerberg also said Meta's recent restructuring, which included significant job cuts and employee reassignments, was not executed as smoothly as planned.
Why Does Robinhood Believe AI Can Rival Human Traders
Robinhood's vision for "agentic trading" is to let AI agents execute trades and financial tasks that currently require human decision-making.
Microsoft Creates New AI Team To Help Businesses Adopt AI
The new unit will deploy 6,000 employees directly with clients through a model known as forward deployed engineering (FDE).
Watch: Asked Roosevelt About Democrats Giving Panama Canal Away For $1: Trump
President Trump chatted with an AI version of Roosevelt at the Theodore Roosevelt Presidential Library in North Dakota
Report Says OpenAI Weighs 5% Stake For Trump Administration
OpenAI CEO Sam Altman believes the arrangement could allow the public to benefit financially from the rapid growth of AI
Judge Allows States' Lawsuit Against Meta To Proceed
The ruling allows key claims involving deceptive practices, unfair business conduct and violations of the federal Children's Online Privacy Protection Act (COPPA) to move forward.
AI Race: Masayoshi Son Bets Against Musk's Space Plan
Musk continues to rely on first-principles engineering to solve long-term technological challenges, while Son favors rapid investment in commercially viable AI businesses.
Why Bernie Sanders’s AI Bill Is Fascistic And Dangerous
Sanders says that artificial intelligence does not belong to billionaires but to the people
What Does South Korea's $576 Billion AI Plan Mean For Samsung And SK Hynix
Samsung and SK Hynix, along with suppliers, will invest about $517.9 billion to build two new semiconductor fabrication plants each in the country's southwest region