Meta’s Big AI Spending Spooks Investors, Echoing Metaverse Doubts
Meta Platforms, the company behind Facebook, is pouring huge sums into artificial intelligence. This spending makes some investors nervous, reminding them of the massive metaverse
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Meta Platforms, the company behind Facebook, is pouring huge sums into artificial intelligence. This spending makes some investors nervous, reminding them of the massive metaverse
Google is putting its new Gemini AI assistant everywhere, and now it’s making its way into Google Maps. This upgrade means you can talk to
Ripple, a prominent crypto company, announced Wednesday it has successfully raised $500 million in a new strategic investment round. This funding now values the firm
Nvidia, the top U.S. chipmaker, is stepping up its efforts in India’s booming startup world. The company announced it will help guide and train new
Norway’s big government fund, a major investor in Tesla, announced on Tuesday it will vote against a massive pay package for CEO Elon Musk. This
Microsoft is making a massive $15.2 billion investment in the United Arab Emirates over 2023-2029. This huge sum will expand the company’s AI infrastructure and
Spotify expects strong profits for the last three months of the year, beating analysts’ forecasts. The music streaming giant believes more people will sign up,
Amazon’s cloud division, Amazon Web Services (AWS), just secured a significant $38 billion deal with OpenAI. This agreement marks a crucial win for Amazon’s cloud
Waymo, the company behind driverless cars, just announced big plans to bring its robotaxi service to three new US cities. Soon, you’ll see Waymo vehicles
TikTok, the popular social media platform, is bringing its first-ever awards show to the United States! Get ready for the TikTok Awards, happening live on
Google has started rolling out an exciting new feature for its Translate app. Users can now choose between two translation options: “Fast” or “Advanced,” both
Last week, OpenAI finished its lengthy corporate reorganization, securing a key freedom: the ability to sign cloud contracts with companies other than Microsoft. As part
Technology licensing company Adeia (ADEA.O) initiated two lawsuits against Advanced Micro Devices (AMD.O) on Monday in a Texas federal court. Adeia claims that AMD has
OpenAI CEO Sam Altman recently stated that the company brings in “well more” than $13 billion in annual revenue. He seemed annoyed when asked about
President Donald Trump announced on Sunday that Nvidia’s powerful new Blackwell chip for artificial intelligence will not go to “other people.” This statement follows earlier
Alphabet and Amazon recently made investors happy by reporting better-than-expected profits for the third quarter. A big reason for this boost at both companies was
Bluesky is rolling out some fresh ideas to make conversations on its platform feel better, including a new “dislike” button. This experiment aims to help
Perplexity AI has announced a new multi-year deal with Getty Images. This partnership means Perplexity users will now get access to Getty’s huge collection of
Coinbase (COIN.O), the cryptocurrency exchange, continues to beat expectations with its earnings reports. Its early start as the only publicly traded crypto exchange gave it
Apple’s stock, trading under the symbol AAPL.O, climbed about 2% before the market opened on Friday. This jump followed the company’s positive predictions for the
Netflix is actively exploring a bid for Warner Bros. Discovery’s movie studio and streaming business. The streaming giant has even hired a financial advisor and
SpaceX has offered NASA a “simplified mission” plan to accelerate the return of astronauts to the moon. This comes after Sean Duffy, NASA’s acting administrator,
Samsung Electronics expects the world’s demand for memory chips, especially for building artificial intelligence systems, will be much greater than it can currently supply. The
China has given its approval for the transfer of the popular short-video app TikTok. U.S. Treasury Secretary Scott Bessent shared the news on Thursday. He
Meta Platforms saw its stock price fall by over 10% on Thursday. Investors worried about how much the company is spending on artificial intelligence, even
Samsung is reportedly developing a special AI-enabled modem for Elon Musk’s Starlink internet service. This could change how our devices connect to satellites, marking a
Microsoft’s Azure cloud service is currently working to fix an outage that impacted major applications and services, including Microsoft 365, Xbox, and Minecraft. Around 12
Grammarly, the popular AI writing helper since 2009, is changing its name to Superhuman. This move comes after Grammarly acquired Superhuman Mail earlier this year.
YouTube will roll out new rules on November 17 to better enforce its guidelines on online gambling and graphic video game content. One major change
Cameo, the popular app that lets you buy personalized video messages from celebrities, has sued OpenAI. The lawsuit claims OpenAI’s new TikTok-like Sora app uses
Google is taking another big step to make web browsing safer for everyone. Chrome will soon enable the “Always Use Secure Connections” setting by default
South Korean chipmaker SK Hynix announced exceptional third-quarter results on Wednesday, reporting record revenue and profit. A booming demand for its high-bandwidth memory (HBM), crucial
Amazon has laid off approximately 14,000 of its corporate employees —a massive reduction the company directly attributes to the rise of artificial intelligence. While Amazon
PayPal is teaming up with OpenAI to let ChatGPT users buy products directly through the popular AI chatbot, a move that sent PayPal’s shares soaring
The AI chip giant Nvidia is making another major investment, announcing on Tuesday that it is taking a $1 billion stake in the networking company
Elon Musk’s long-awaited “Grokipedia,” an AI-powered encyclopedia designed to rival Wikipedia, had a rocky start on Monday, briefly going live before crashing. The site now
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