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Bloomberg.com
Meta Looks to Power Trading to Support Its AI Energy Needs - Bloomberg.com
... AI systems that use massive amounts of electricity. Meta ... Provide news feedback or report an error · Site feedback: Take our Survey.
Reuters
Jitters over AI spending set to grow as US tech giants flood bond market | Reuters
... news. Sign up here. Since September, public bond issuance by four of the major cloud computing and AI platform companies known as "hyperscalers...
CNBC
Amazon cut more than 1,800 engineers in record layoffs, despite saying it needs to innovate faster
Nearly 40% of the roughly 4,700 positions Amazon eliminated across Washington, New York, New Jersey and California were engineering jobs.
CNBC
Google must double AI serving capacity every 6 months to meet demand, AI infrastructure boss tells employees
At a recent all-hands meeting, Google's head of AI infrastructure said the company has to race to build out compute capacity.
CNBC
Google must double AI compute every 6 months to meet demand, AI infrastructure boss tells employees
At a recent all-hands meeting, Google's head of AI infrastructure said the company has to race to build out compute capacity.
CNBC
Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster
Nearly 40% of the roughly 4,700 positions Amazon eliminated across Washington, New York, New Jersey and California were engineering jobs.
SCMP
Tech war: Huawei to open-source software tool to optimise AI chip use
Huawei Technologies on Friday introduced open-source software that it claimed can significantly improve the utilisation rate of artificial intelligence chips, marking the latest effort by Chinese companies to achieve world-class AI training capabilities even without access to the latest Nvidia processors.
Flex:ai, which pools and orchestrates processors to squeeze out more performance, came as part of Huawei’s effort to develop a self-sufficient compute ecosystem by overcoming China’s...
SCMP
Taiwan’s Foxconn expands AI hardware push with OpenAI deal
Taiwan’s Foxconn Technology Group and OpenAI on Friday announced an agreement to design and build artificial intelligence data centre hardware, the latest in a string of infrastructure deals for the US creator of ChatGPT.
Foxconn, the world’s largest electronics contract manufacturer, has seen profits soar after shifting its focus from low-margin iPhone assembly to AI servers that are now in huge demand, as firms plough hundreds of billions of dollars into the technology.
Optimism over AI has...
PYMNTS.com
Nokia Divides AI and Telecom Business Into Two Units - PYMNTS.com
Nokia is dividing its artificial intelligence (AI) and telecom businesses into separate units. ... news release, calling the collaboration “the...
CNBC
2 underappreciated areas are powering CrowdStrike's next growth wave and its stock
CrowdStrike is setting the standard for modern cybersecurity.
CNBC
Google launches Nano Banana Pro, an updated AI image generator powered by Gemini 3
The original Nano Banana rolled out in August and went viral in a social media trend that turned selfies into 3D figurines.
Bloomberg
A Hedge Against AI Crash Emerges as Oracle CDS Market Explodes
Oracle Corp., the once stodgy database giant that’s borrowed tens of billions and tethered its fortunes to the artificial intelligence boom, is quickly emerging as the credit market’s barometer for AI risk.
Bloomberg
Smart Home Cameras From Amazon, Google Could Soon Work Together
The Matter smart home standard will soon allow mixing and matching of video cameras. But will Amazon and Google take part?
Bloomberg
Merck KGaA, Valo to Use AI to Develop Parkinson’s Drugs
Merck KGaA, a German science group, will use Valo Health Inc.’s AI platform to help discover and develop treatments for Parkinson’s disease and related disorders, in a partnership deal that could be worth more than $3 billion.
Bloomberg
Palo Alto Networks to Acquire Chronosphere for $3.35 Billion
Palo Alto Networks Inc. announced on Wednesday that it was acquiring Chronosphere Inc. for $3.35 billion to boost its AI-enabled cybersecurity offerings.
CNBC
Block's stock pops 9% on gross profit forecast, 3-year financial outlook
Block laid out long-term financial targets, projecting annual gross profit growth in the mid-teens through 2028.
CNBC
Block says gross profit in 2028 will approach $16 billion as company unveils 3-year outlook
Block laid out long-term financial targets, projecting annual gross profit growth in the mid-teens through 2028.
Bloomberg
Abbott Nears Deal for Cancer Test Maker Exact Sciences
Abbott Laboratories is nearing a potential acquisition of medical-testing company Exact Sciences Corp., people familiar with the matter said.
CNBC
OpenAI rolls out 'ChatGPT for Teachers' for K-12 educators and districts
ChatGPT for Teachers will be free to K-12 educators in the U.S. through June 2027
Reuters
Microsoft launches tracker to manage autonomous AI in the workplace | Reuters
The company announced the news at the start of Microsoft Ignite, a technology conference in San Francisco. Other announcements included Work IQ, which...
CNBC
Alphabet stock surges on Gemini 3 AI model optimism
Google said Gemini 3 allows users to get better answers to more complex questions and doesn't need as much prompting to determine the context.
NPR
Cloudflare outage exposes reliance on a handful of Internet companies
NPR's Ailsa Chang speaks with Betsy Cooper, a cybersecurity expert at the Aspen Institute, about this week's major Internet outage and the world's reliance on a handful of web services companies.
CNBC
Adobe to buy Semrush for $1.9 billion, sending marketing platform's shares up 70%
Adobe said Semrush's search engine and marketing tools can help brands engage and grow customers, especially in the age of artificial intelligence.
Bloomberg
EU Proposes Streamlined Digital Rules to Boost Competitiveness
The European Union unveiled a sweeping plan to reduce digital regulation as the bloc strives to boost its competitiveness in artificial intelligence and aid local technology companies.
Bloomberg
Adobe to Buy Marketing Platform Semrush in $1.9 Billion Deal
Adobe Inc. has agreed to buy the marketing software company Semrush Holdings Inc. for $1.9 billion, marking its first takeover announcement since the failed $20 billion acquisition of Figma Inc. in 2022.
Bloomberg
Nokia Streamlines to Focus on AI Infrastructure Boom
Nokia Oyj is banking on the boom in artificial intelligence, streamlining its business to focus on networking infrastructure that can connect AI data centers.
Bloomberg
RapidSOS Tops $1 Billion Value With Apax Digital Investment
Emergency services company RapidSOS raised $100 million in a deal led by Apax Digital Funds to help it expand, including internationally.
The Verge
Microsoft's Office apps are getting even more free AI features - The Verge
You don't need to pay $30 per month for these latest Office AI features. ... More in News.
SCMP
Alibaba founder Jack Ma visits Ant Group as fintech giant ramps up AI efforts
Alibaba Group Holding founder Jack Ma on Tuesday made a low-key visit to the Hangzhou campus of Ant Group that coincided with the Chinese fintech giant’s launch of LingGuang, a next-generation multimodal artificial intelligence assistant.
Ma, who had relinquished his control of the fintech company and resigned from all corporate roles at Alibaba, was seen accompanied by Ant Group chairman Eric Jing Xiandong and CEO Cyril Han Xinyi during his tour of the campus. Ant Group is an affiliate of...
ARPU
Will Google Gemini Turn Search Into a Dead End for the Web?
Google launched Gemini 3 this week, its most powerful AI model yet, with a suite of new features designed to keep it at the forefront of the AI race. While the company touted its lead on industry benchmarks, the most radical and potentially disruptive new feature wasn't about