Amazon

EY has built an 'AI router' that steers each task to the cheapest capable model, aiming to control its own soaring AI costs as the firm invests over $1 billion a year in AI and runs about 1,000 AI age…

Amazon employees flagged a $1.8 million bill for using Anthropic's Claude AI to match author details with product listings, according to the Financial Times. The incident follows Amazon shutting down …

The European Commission formally opened bidding for seven AI gigafactories on July 30, offering €10 billion ($11.4 billion) in public funding with a target of €30 billion total including private inves…

AI data centres, energy infrastructure, and defence technologies are leading a wave of technology investment, according to law firm A&O Shearman's latest outlook. Amazon, Microsoft, Google, and Meta a…

The Federal Communications Commission (FCC) has banned imports of new foreign 'advanced robotic devices' and internet-connected Chinese power inverters, effective July 28, 2026, to protect the US AI b…

Apple's stock has climbed roughly 24% to 25% year-to-date, closing near $338 as of late July, outperforming Big Tech peers that are spending heavily on AI infrastructure. Apple's capital expenditures …

Amazon engineers have found cases where moving work from hand-written code to AI models blew through project budgets, including $1.8 million spent running Anthropic's Claude Sonnet on a job that never…

MIT-trained engineers Dimitris Koutentakis and Emile Germonpre have launched Atomarine, a Boston startup proposing floating data-center campuses powered initially by natural gas and later by marine re…

Amazon and Walmart possess AI shopping assistants capable of detecting false 'Made in USA' claims on product listings but do not act on the technology, according to a new study from Columbia Law Schoo…

The European Union is offering €10 billion in public funding for seven AI gigafactories, aiming to attract another €20 billion from private investors, but the bloc's total €30 billion investment is dw…

Meta's free cash flow collapsed 91% to $784 million in Q2 2026, driven by an AI infrastructure spending spree that CEO Mark Zuckerberg defends as essential for long-term dominance, causing the stock t…

Amazon has flagged multiple AI projects with spending overruns as its $200 billion capital expenditure plan for 2026 runs into employee overuse of tools and ballooning operational costs, according to …

Amazon and Walmart AI shopping assistants can detect false 'Made in USA' product labels but are not using that capability to remove the listings, according to a study from Columbia Law School's Center…

Amazon has identified cases where artificial intelligence has led to runaway spending on technology projects, with staff reporting budget overruns that sometimes took months to detect, according to th…

A statistician with a PhD in machine learning argues that nearly every Amazon SaaS tool claiming to use AI is not training the models it says it trained, instead relying on rule-based logic, tradition…

Meta cut 10% of its workforce, roughly 8,000 employees, to offset AI investments, but a Gartner survey found that 80% of organizations piloting or deploying AI reported workforce reductions without hi…

Atlassian has started giving its engineers a fixed monthly AI allowance of $500 to $2,000, capping spending to manage costs as token usage surges. The software maker, which cut 1,600 jobs to fund an A…

Apple's stock surged to a $5 trillion market cap on July 28, making it the second company after Nvidia to reach that milestone, driven by plans for a smart home push and investor approval of its cauti…

More than 120,000 technology roles have been cut so far in 2026, with AI cited as the most common reason, according to Layoffs.fyi and Challenger, Gray & Christmas. Oracle cut about 30,000 roles, Meta…

The five hyperscalers—Amazon, Google, Meta, Microsoft, and Oracle (dubbed GOMMA)—have collectively committed $2.5 trillion to AI infrastructure, the largest capital expenditure in history, with half a…