Amazon

Amazon cut jobs in its artificial general intelligence group on Wednesday, the latest in a series of smaller reductions since cutting 16,000 jobs in January. A spokesman said the company is sharpening…

CrowdStrike and Cerebras Systems announced a partnership on July 22 to enhance AI security, with CrowdStrike deploying its Falcon AIDR models on Cerebras' inference hardware to accelerate threat detec…

Anthropic has signed a deal with AMD worth tens of billions of dollars for up to 2 gigawatts of AMD's Instinct MI450 AI chips, with deployment starting in the first half of 2027, and AMD will invest u…

OpenAI and Anthropic set records for federal lobbying in the second quarter of 2026, spending a combined $3.17 million, up 23% from the first quarter, according to CNBC. Anthropic spent $1.97 million,…

Zed Industries' Agent Client Protocol (ACP), an open standard for connecting AI coding agents to editors, has been adopted by JetBrains and Amazon's Kiro IDE, with 25+ agents including Claude Code and…

Nearly 200 US utilities and data center developers signed the Trump administration's Ratepayer Protection Pledge on July 22, committing that AI infrastructure buildouts won't push higher costs onto re…

Samsung unveiled the Galaxy Z Flip 8 at its Galaxy Unpacked 2026 event, featuring a slimmer design and a new Flex Window cover display that brings apps, AI-powered insights, and Gemini Intelligence au…

Alphabet's earnings report later today will test whether investors stick with the Magnificent Seven or buy the sell-off in semiconductor stocks, as the performance gap between the two groups has widen…

Alphabet reports Q2 2026 results today, with Wall Street expecting $117 billion in revenue and $2.87 EPS, but the key question is whether its $180 billion to $190 billion AI buildout is generating ret…

Global capital expenditure on data center infrastructure is projected to hit $3 trillion by 2028, with hyperscalers including Google, Meta, Amazon, Microsoft, Alibaba, Oracle, IBM, and Tencent plannin…

Meta is implementing new spending controls and a real-time usage dashboard called AI Gateway to rein in AI costs after an internal memo warned roughly 6,000 employees about an 'exponential increase' i…

Luke Stoffel won a 2026 IBPA Benjamin Franklin Award for his AI-assisted memoir 'How to Win One Million Dollars and $#!T Glitter,' which he wrote with AI to get cast on Survivor. Stoffel argues the 's…

Deezer said this week that AI-generated songs made up more than 50% of its June uploads, a first for the French streamer, with about 90,000 AI tracks uploaded daily. Fully AI tracks account for just 1…

A new report from Lanai finds that 78% of enterprise leaders view AI as both software and a labor force, yet 87% admit AI output is sometimes or always credited entirely to the human employee, creatin…

Business Insider's six-part series 'The Great Coding Reset' found that AI coding tools are reshaping software engineering at breakneck speed, with token costs surging then being reined in within weeks…

By 2029, IDC projects the number of actively deployed AI agents will exceed 1 billion worldwide, 40 times more than in 2025, performing 217 billion actions per day. Gartner forecasts global data cente…

The four largest US technology companies are on course to spend close to $700bn on AI infrastructure this year, with combined capital spending set to overtake the cash their core businesses generate, …

Amazon, Alphabet, Meta, and Microsoft are on course to spend about $725 billion on capital expenditure in 2026, up from roughly $410 billion in 2025, while their combined free cash flow is projected t…

Big Tech's massive investments in artificial intelligence are squeezing free cash flow, according to a Reuters analysis. Companies like Microsoft, Alphabet, Amazon, and Meta have collectively spent ov…

Microsoft could sell its ~27% stake in OpenAI for over $200 billion and redeploy the cash into AI app-layer acquisitions, according to a Margin Points analysis. The move would reset OpenAI's valuation…