Amazon

Big Tech

Google Gains Spot on Dow Jones While Losing Street Cred in AI

Photo via Kyodo/Newscom

Google shares have been hammered recently as two top artificial intelligence researchers spurned the company to join OpenAI and Anthropic.

2 min read

Photo via David Jones/ZUMAPRESS/Newscom

Media & Entertainment

‘Toy Story 5’ Box Office Haul Highlights Hollywood’s Hot Streak

The domestic box office has pulled in nearly $4.5 billion so far this year, the highest mark for the period since 2019, according to Rentrak.

2 min read
Photo via Andrej Sokolow/dpa/picture-alliance/Newscom

Artificial Intelligence

Anthropic Fights to Bring Most Powerful AI Models Back Online

Cybersecurity experts are raising concerns that the shutdown of Anthropic’s models could open bigger holes in the US’s digital defenses.

2 min read
Photo via Amazon Freight

Industries

Amazon Hogs the Road As Freight Speeds Toward the Future

The company is opening up its less-than-truckload service to all businesses, letting anyone reserve space by the pallet in its trucks.

1 min read

Semiconductors

Broadcom Selloff Shows Breaking Records Doesn’t Satisfy ‘Perfection’-Seeking AI Investors

Photo via IMAGO/Vernon Yuen/IMAGO/Nexpher Images/Newscom

Broadcom expects AI-related chip revenue to climb 200% to $16 billion in the current quarter, short of Wall Street’s most bullish forecasts.

2 min read

Artificial Intelligence

In AI Chip Race, Nvidia’s Biggest Customers Become Competitors

Photo illustration by Connor Lin / The Daily Upside, Photos by Hapabapa via iStock and Vincent Isore, Florian Gaertner, imageBROKER/Mojahid Mottakin, Andrej Sokolow, Wladimir Bulgar/Science Photo Library, and Kyodo via Newscom

The types of chips that will keep AI’s momentum up are different from those that trained it, creating an opening for rivals to Nvidia.

4 min read

Big Tech

Meta Lags Rival Hyperscalers as Investors Grow Wary of Surging CapEx

Photo via Tom Williams/CQ Roll Call/Newscom

Meta is planning a spending spree later in this year, raising its expected annual capital expenditures from $115 billion to $135 billion.

2 min read

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