Big tech’s AI spending problem is getting bigger
Microsoft, Meta, Alphabet, and Amazon all reported strong earnings results—and raised their AI spending. Wall Street only rewarded one of them.
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Microsoft, Meta, Alphabet, and Amazon all reported strong earnings results—and raised their AI spending. Wall Street only rewarded one of them.
New reporting from the WSJ reveals that OpenAI has missed important internal goals, putting its IPO in question.
China just blocked Meta’s $2 billion acquisition of AI startup Manus, its most aggressive move yet against AI startups of Chinese origin eyeing a Western buyer.
AI labs (Anthropic in particular) are trying to juggle two seemingly opposed goals: gaining more users without running out of compute power.
As rivals pour hundreds of billions into AI, the 50-year-old company is betting its hardware strengths will let it arrive late and still win.
With Anthropic gaining ground, OpenAI wants to drop its "side quests" and refocus on enterprise and coding.
Nvidia's new CPU is a direct challenge to Intel and AMD, and a sign the company wants to become the one-stop shop for AI hardware.
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