Pentagon strikes deals with 7 Big Tech companies
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Market watchers looking for clarity on the direction of Big Tech and the AI investment boom didn’t get much Wednesday afternoon amid a barrage of key earning reports
Stock investors appear to be anxiously awaiting tech majors' earnings results after bidding up their shares over the last few weeks.
Micron (MU) jumped 5% to 52-week highs after Meta, Microsoft, and Amazon cited surging memory costs, with analysts setting targets up to $1,000.
Texas is not immune from a Big Tech takeover. Technology companies like Meta and OpenAI want a free pass at the state level, allowing them to promote advanced artificial intelligence without safeguards,
The Overview Energy space-solar deal is a signal Meta is locking future, round-the-clock power for its multi‑GW data-center buildout. That reduces risk of AI capacity delays and power-price spikes versus peers that rely more on slower-to-scale renewables.
U.S. Senator Elizabeth Warren (D-Mass.) is sounding the alarm on the soaring artificial intelligence (AI) market, likening Big Tech's AI expansion to the 2008 financial crisis. This political scrutiny arrives just as “The Big Short” investor Michael Burry places massive bets against a historically overheated semiconductor sector.
By Aditya Soni and Deborah Mary Sophia April 30 (Reuters) - Alphabet's blowout cloud growth has reset expectations across major tech companies, leaving investors to recalibrate which firms are delivering the clearest returns.
AI is turning tech giants into energy companies, reshaping who builds power grid. At CERAWeek, big tech's move into energy is taking center stage.
Oracle is reportedly laying off thousands of employees, adding to an already long list of tech giants cutting staff while spending hundreds of billions of dollars on AI data centers.
Big Tech is pouring money into space solar, fusion, and geothermal while still running its AI data centers on natural gas -- and Google's emissions are up 48% in five years.
Australia may soon force TikTok, Google, and Meta to pay for news content, with multimillion-dollar penalties if they fail to reach deals with local media outlets, according to Reuters.