Backing from Nvidia and Amazon made it the latest circular deal, in which money-losing AI startups are being financed by their own customers.
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Transactions like these, where the interests of suppliers, customers and investors all seem to become one big loop, raise plenty of eyebrows.
As the rest of Big Tech embark on one of the greatest capex ventures in human history, Apple is practically spending pennies by comparison.
Alphabet generated revenue of $113 billion, marking second-straight quarter topping the $100 billion revenue mark.
Analysts think customers bought new iPhones for a boring reason: It was simply time to upgrade their old device.
Both companies announced capex projections that blew past consensus expectations, but only Meta seemed to rebuff the Wall Street wariness.
In PwC’s recent Global CEO Survey, just 12% of top bosses said AI has delivered both cost and revenue benefits for their organizations.
With an estimated half a million workers needed to fill the construction industry’s labor shortages, AI investments this year may get stalled.
Despite initial concern from motorists, robotaxi services are finding plenty of passengers as they expand across the country.
Social media companies stand to lose billions in ad revenue if teens around the world are kicked off the platforms.
You might recall that in 2021, Zuckerberg deemed the metaverse so vital to the future he renamed the entire company after it.
Shoppers in the US will be able to buy the new foldable during the first quarter of 2026, though the pricing hasn’t been shared yet.
Gemini was trained on Google’s in-house chips, which look like a cheaper and more efficient alternative to Nvidia’s cutting-edge products.
Executives are touting Gemini 3, which comes eight months after the chatbot’s 2.5 model, as a “massive jump” for AI.
AI-assisted code editing startup Cursor became one of the most valuable firms in the booming sector overnight with a $29 billion valuation.