Meta's stock tumbled 10% after it disclosed capital expenditure growth far outpacing revenue growth, with 98% of revenue still coming from its traditional ads business. EMARKETER senior analyst Minda …
Meta CEO Mark Zuckerberg launched a PR campaign to boost public optimism about AI, including an ad set to a David Bowie song and a Wall Street Journal op-ed, but the effort faces skepticism amid wides…
Microsoft kept its capital expenditure forecast unchanged on Wednesday, becoming one of the first major data center companies to hold the line on AI spending. The company maintained its $190 billion c…
Alphabet increased head count by 11,830 employees to 198,933 between June 2025 and June 2026, while Meta's workforce shrank by over 2,000 to 75,472 as of June 30, 2026, a 1% year-over-year decrease. T…
Microsoft CFO Amy Hood told employees in a memo that the company's biggest AI bets are paying off, pointing to Azure's 43% revenue growth and Copilot's momentum as evidence. Hood highlighted that Micr…
Lilian Weng, a cofounder of Thinking Machines Lab who stepped down this week citing health concerns from the startup's pace, is rejoining OpenAI to lead a team focused on accelerating internal researc…
Disney is dropping Microsoft's GitHub Copilot and several other AI coding tools in the US in August, according to an internal message viewed by Business Insider, and plans to adopt OpenAI's Codex codi…
Robotics startup Generalist AI is in talks to raise a new funding round at a $3 billion valuation, with venture firm 8VC expected to lead the round. The news comes one month after Generalist raised $4…
Redwood Materials, a startup founded by former Tesla CTO JB Straubel that recycles more than 70% of all batteries in North America, said aging electric vehicle batteries could help meet surging power …
Mark Cuban and Michael Burry warned that the AI boom is dangerously reliant on Nvidia, comparing its financing of customer purchases to the dot-com IPO bubble. Cuban said on X that Nvidia is acting as…
Willie Nelson criticized AI data center construction near his hometown of Abbott, Texas, in an Instagram post on Tuesday, calling the facilities 'loud, water thieving, light polluting' and urging rura…
OpenAI chief economist Ronnie Chatterji said copying the careers of successful people is bad advice because their paths are shaped by specific economic moments and often omit struggles. Speaking on th…
Thinking Machines Lab cofounder Lilian Weng said she is stepping down because of stress and illness, writing that she has been ill more often in the past seven months than at any other point in her li…
Lilian Weng, cofounder of AI startup Thinking Machines Lab, stepped down Tuesday after a stress-induced illness, highlighting burnout risks in the AI industry. Other tech leaders including OpenAI exec…
PwC US CEO Paul Griggs says companies make two major mistakes with AI: treating it as a technology transformation rather than a large-scale business transformation, and believing AI alone can fix a br…
Tolan, an AI companion app featuring cartoon alien characters, has attracted a core user base of working mothers aged 26 to 40, who now make up over 75% of its users, according to founder Quinten Farm…
OpenAI CEO Sam Altman said he understands why communities oppose AI data centers and suggested building them in remote desert locations instead. In a podcast interview, Altman noted that modern data c…
Legal-tech giant Legora has acquired litigation startup Wexler to help trial lawyers reconstruct cases from thousands of documents, cutting manual review time by 75%. The deal, terms undisclosed, is L…
Cheap Chinese AI models from Moonshot, DeepSeek, and Z.ai are boosting American software companies by lowering costs and increasing competition, with open-weight models accounting for 55% of tokens fl…
DoorDash CEO Tony Xu said AI coding tools address only part of an engineer's workflow, estimating that writing code accounts for 25% to 50% of an engineer's time, while product reviews, design meeting…