Volkswagen, Hit by Tariffs, Reports $1.5 Billion Loss and Warns of Chip Shortage
Europe’s largest automaker said that a shortage of semiconductors could further hurt productivity. Source: Original News
Category: Technology
Read More
Alphabet Revenue Jumps 16% With Strong Cloud Sales
Profits also rose, to just under $35 billion, as Google Search proved resilient to A.I. alternatives. Source: Original News
Alphabet Revenue Up 16% With Strong Cloud Sales
The internet company said profit for the quarter was up 33 percent, to just under $35 billion. Source: Original News
Meta Raises Its Spending Forecast on A.I. to Above $70 Billion
The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers and builds data centers to power the technology. Source: Original News
Microsoft Increases Investments Amid A.I. Race
The company reported that it spent a higher-than-expected $34.9 billion in capital expenditures during its quarter. Source: Original News
Nvidia Is First Company to Top $5 Trillion in Market Value Amid AI Boom
The A.I. chip maker has become a linchpin in the Trump administration’s trade negotiations in Asia. Source: Original News
48 Hours Without A.I.
A.J. Jacobs went 48 hours without interacting with artificial intelligence. That meant more than just avoiding generative A.I. tools like ChatGPT – he did his best to not interact with any products that used any kind of machine-learning algorithms in their production, marketing or distribution. This was more limiting than expected; Jacobs needed to find…
Character.AI to Ban Children Under 18 From Using Its Chatbots
The start-up, which creates A.I. companions, faces lawsuits from families who have accused Character.AI’s chatbots of leading teenagers to kill themselves. Source: Original News
Amazon to Cut 14,000 White-Collar Jobs
The company is looking to slash costs by “reducing bureaucracy, removing layers, and shifting resources” as it continues to spend aggressively on artificial intelligence. Source: Original News
Saudi Arabia’s New Power Play Is Exporting A.I. to the World
The kingdom is pouring money into data centers and working with U.S. and Chinese tech giants, landing its A.I. ambitions in the middle of a geopolitical tussle for tech power. Source: Original News