Google is shaking up its AI leadership as Demis Hassabis steps down as CEO of DeepMind to become chief scientist of Alphabet and chair of Google DeepMind, while Jeff Dean is leaving to start a new ini…
Google has appointed Koray Kavukcuoglu to lead DeepMind as Demis Hassabis steps back from daily operations to focus on AGI strategy and scientific research, according to an unverified report. Hassabis…
Alphabet CEO Sundar Pichai announced that Demis Hassabis is stepping down as CEO of Google DeepMind to focus on AGI as Chair of GDM and Chief Scientist of Alphabet, with Koray Kavukcuoglu, former CTO,…
Google DeepMind CEO Demis Hassabis is stepping down from his role, according to Axios. Hassabis, who co-founded DeepMind in 2010 and led its integration into Google, will transition to a new position …
Google and Alphabet CEO Sundar Pichai announced that Demis Hassabis will become Chair of Google DeepMind and Chief Scientist of Alphabet, while Koray Kavukcuoglu will step up as SVP of Google DeepMind…
Alphabet announced a leadership overhaul of its AI division, with Demis Hassabis stepping down as Google DeepMind CEO to become chairman and Alphabet's chief scientist, while Koray Kavukcuoglu takes o…
Google announced on August 5 that Demis Hassabis will step down as day-to-day leader of Google DeepMind to become its chair and Alphabet's chief scientist, while Koray Kavukcuoglu will take over as se…
Hyperscaler off-balance sheet obligations have reached $3 trillion, according to CNBC's Sara Eisen, as Microsoft, Amazon, Meta, Alphabet, and Oracle finance AI infrastructure through hidden debt. A Mo…
SpaceX stock fell 11% to $111 on Wednesday after the company revealed plans for about $65 billion in 2026 capital expenditures, far exceeding analyst estimates of $50 billion, and provided no formal f…
Major technology companies like Meta are increasingly turning to special purpose vehicles (SPVs) and private investment groups for AI data center financing, paying a premium of 2-3% over traditional i…
The S&P 500 rose 1.8% Tuesday to a record closing high of 7736.52, led by tech shares after Microsoft, Amazon, and Alphabet reported strong quarterly results, with Palantir Technologies soaring 29.5% …
Investment strategist Joachim Klement of Panmure Liberum warns that the economics of new AI data centers could trigger a sharp correction in U.S. corporate earnings, which are currently running nearly…
Pakistan is among the nations most vulnerable to AI-driven job displacement, according to the World Bank's World Development Report 2026: The Promise of AI, which finds that educated, skilled workers …
BitMEX cofounder Arthur Hayes published an essay on Aug. 4, 2026, arguing that the AI infrastructure boom could end as a credit crisis, potentially leading to government intervention and monetary easi…
SpaceX shares fell more than 5% after its first earnings report as a public company, despite better-than-expected revenue of $7.8 billion in Q2, as capital expenditures of $18.4 billion—nearly $16 bil…
SpaceXAI spent $18.37 billion in capital expenditures in Q2 2026, with $15.83 billion on AI, nearly 40% of Microsoft's total capex. The company's operating cash flow covers only 12% of its capex, comp…
Elon Musk said on SpaceX's first earnings call as a public company that its rocket scientists give it an edge in building AI data centers, comparing the advantage to the New York Yankees playing a Lit…
SpaceX reported a 92% surge in revenue to $7.8 billion for the April-June quarter, beating analyst expectations of $6.93 billion, in its first earnings release since going public. The company posted a…
U.S. states including Arizona, Illinois, and Ohio are withdrawing sales tax breaks for data centers, potentially raising AI infrastructure costs by approximately 7% or more and increasing the price of…
The Dow Jones Industrial Average closed at a record high on August 3, 2026, as the Nasdaq climbed 2.1% and the S&P 500 advanced 1.5%, despite Alphabet reporting its first negative free cash flow since…