A.I. Spending Is Accelerating Among Tech’s Biggest Companies
Despite the risk of a bubble, Google, Meta, Microsoft and Amazon plan to spend billions more on artificial intelligence than they already do. Source link
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Amazon’s Profit Is Up 38% on Strong Performance
After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong quarter might be ahead. Source link
Volkswagen, Hit by Tariffs, Reports $1.5 Billion Loss and Warns of Chip Shortage
Europe’s largest automaker said that a shortage of semiconductors could further hurt productivity. Source link
Meta Raises Its Spending Forecast on A.I. to Above $70 Billion
The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers and builds data centers to power the technology. Source link
Alphabet Revenue Up 16% With Strong Cloud Sales
The internet company said profit for the quarter was up 33 percent, to just under $35 billion. Source link
Nvidia Is Now Worth $5 Trillion as It Consolidates Power in A.I. Boom
The A.I. chip maker has become a linchpin in the Trump administration’s trade negotiations in Asia. Source link
G.M. Will Cut 1,750 Jobs in Electric Vehicle Business
The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars. Source link
48 Hours Without A.I. – The New York Times
new video loaded: 48 Hours Without A.I. A.J. Jacobs went 48 hours without interacting with artificial intelligence. That meant more than just avoiding generative A.I. tools like ChatGPT – he did his best to not interact with any products that used any kind of machine-learning algorithms in their production, marketing or distribution. This was more…
Can a Start-Up Make Computer Chips Cheaper Than the Industry’s Giants?
Substrate, a San Francisco company, is trying to take on powerhouses like the Dutch company ASML. Source link
Character.AI to Ban Children Under 18 From Using Its Chatbots
The start-up, which creates A.I. companions, faces lawsuits from families who have accused Character.AI’s chatbots of leading teenagers to kill themselves. Source link