Meta

Big Tech

Zuck Chooses the Red Pill With 30% Cuts to Metaverse Budget

Photo via Guillermo Gutierrez Carrascal, G/ZUMAPRESS/Newscom

You might recall that in 2021, Zuckerberg deemed the metaverse so vital to the future he renamed the entire company after it.

2 min read

Photo via Pedro Fiuza/ZUMA Press/Newscom

Industries

Defense Darling Anduril Grapples with Military Tech Glitches

Anduril was last valued at $30 billion in June, when its $2.5 billion fundraising round was oversubscribed eight times.

2 min read
Photo via Sipa USA/Newscom

Big Tech

Can Google Conquer Its Nvidia Dependency?

Gemini was trained on Google’s in-house chips, which look like a cheaper and more efficient alternative to Nvidia’s cutting-edge products.

2 min read
Photo via JOHN ANGELILLO/UPI/Newscom

Hedge Funds

Hedge Funds Start to Hedge Their AI Bets

Wall Street’s smart money is starting to take out some short positions on the AI trade, albeit mostly around the industry’s fringes.

2 min read

Artificial Intelligence

Apple’s Siri, Google’s Gemini and a $1B Hookup?

Photo via imageBROKER/Md Mamun Miah/Newscom

1 min read

Artificial Intelligence

Bubble Fears Surface as Bull Market Turns Three

Photo by István Szitás via Unsplash

Respondents in Bank of America’s October Global Fund Manager Survey cited an AI bubble as the biggest tail risk facing the global economy.

2 min read

Big Tech

Meta Focuses on New Smart(er) Glasses

Photo via Travis Ball/Travis P Ball/Sipa USA/Newscom

As Meta’s market cap hovers near the $2 trillion mark, a successful launch of its glasses could put the tech giant over the edge.

1 min read

Photo illustration by Connor Lin / The Daily Upside

Social Media

Can Reddit Provide a Human-Centric Haven from AI Chatbots?

In our increasingly artificial digital age, sometimes internet denizens desire an actual human touch. Enter Reddit.

6 min read
Photo via Matthias Balk

CIO Upside

Big Tech’s Bigger AI Investments May Lead to a ‘Winner Takes All’

Some companies may be digging themselves into a hole that they’re not able to get out of.

2 min read
Photo via Thomas Fuller / SOPA Images/Sipa USA/Newscom

Big Tech

Big Tech Pulls Off a Very Big Earnings Week

The reports made one thing clear: Big Tech’s big AI bet is already paying off — which explains why they can’t help but double down.

2 min read

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