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The billionaire’s company took on ominous loads of debt to build data centers around the world. The implications go far beyond Oracle.
Like other big technology companies, Microsoft is hoping its aggressive spending on artificial intelligence is starting to translate into revenue.
| Keywords | microsoftaiartificial-intelligenceearnings-reportprofittech-sectorbig-techinvestmentrevenuetechnologycloud-computingbusiness-growthstock-markettech-spendingdigital-economy |
Poor morale among employees is contributing to delayed model releases from Google's DeepMind AI lab , according to conversations with half a dozen current and former Google DeepMind employees. Why it matters: As the company's cash flow just turned negative, investors and competitors are questioning Google's standing in the AI race. State of play: Google's Gemini 3.5 Pro, its most powerful model in the works, is months behind, per Bloomberg , but the company did just release a series of smaller , more efficient models, garnering mixed reactions. - Top executives from competing AI labs were quick to shade the releases, with Meta's Alexander Wang saying "Gemini who?" on X , and others asking top Google leadership when more powerful models…
Google’s parent company, which has spent heavily on artificial intelligence, also showed growth across its businesses, particularly in cloud computing.
A deal would underline how scarce computing power is for artificial intelligence development, and could create a new business for Meta.
As tech giants rush to build big data centers, some residents who live near them say a constant low-frequency vibration is ruining their health and homes.
Anthropic's much-anticipated, powerful Fable 5 AI model lasted just days in the public's hands, after an urgent report from Amazon triggered a scramble inside the White House that ended in a dramatic Friday night takedown. Why it matters: The episode highlights the administration and industry's reactionary approach to a technology that is moving at breakneck speed. - It also raises questions about why Amazon would strike such a disruptive blow against a company in which it is a major investor . Behind the scenes: Amazon called administration officials Thursday night to share a report showing how they were able to jailbreak and access portions of Anthropic's powerful new Mythos model that pose a national security threat, sources familiar…
Elon Musk’s rocket company said Google would pay it $920 million a month, as it prepared for its initial public offering.
The artificial intelligence company, which is racing rival OpenAI to the stock market, has seen explosive growth over the last year thanks largely to technology that can automatically write computer code.
| Keywords | anthropicopenaiipoaiartificial-intelligencetechsilicon-valleysam-altmandario-amodeicodingautomationstock-marketbusinesstechnologyinvestmentstartupcloud-computingnytimesmike-isaac |
The chip maker said its profit in its most recent quarter jumped 211 percent from a year ago thanks to extreme demand from other big technology companies.