Meta stock tumbled nearly 9% on Thursday after the company reported a 91% plunge in free cash flow to $784 million and plans to spend up to $145 billion this year on AI infrastructure, extending a rec…
Shares of Alphabet and Tesla plunged Thursday after both tech giants announced massive increases in artificial intelligence spending, with Tesla falling 10% and Alphabet sinking over 5%. Alphabet rais…
Alphabet and Tesla beat revenue expectations but saw shares fall in after-hours trading after both companies signaled another year of heavy AI infrastructure spending. Alphabet raised its full-year ca…
Netflix has admitted to using generative AI in roughly 300 of its films and TV shows, including battle scenes and crowd sequences, without viewers knowing. The company said in a shareholder letter tha…