Microsoft’s AI spending became cloud revenue. Meta’s became a cash-flow hole.
Two of the biggest AI spenders reported on the same day. Microsoft’s spending showed up as cloud revenue. Meta’s showed up as a hole in
Category: Tech
Microsoft’s Azure just crossed $100bn a year, and the AI bet mostly paid off
Microsoft went into its earnings facing one question: is the vast AI spending working? The numbers said yes, mostly. Revenue rose 18% to $90bn for
Who wins and who loses after US bans foreign robots?
Humanoid robots and four-legged robots made in China fall squarely under a new ban imposed by the US Federal Communications Commission on foreign-made robots. But
Comcast store punished low sales by smashing pies in workers’ faces, lawsuit claims
A lawsuit against Comcast’s cable division alleges that a store manager humiliated the lowest performing salesperson each month with a strange ritual in which a
OpenAI’s runaway AI agent also compromised a cloud platform customer
OpenAI’s renegade AI agent, which carried out a high-profile breach of the AI platform Hugging Face, also reportedly compromised a customer of the cloud platform
Apple preps for a wearable AI revolution
This fall, with watchOS 27, Apple Watch will finally get access to Siri AI with a software update that turns your wrist into the most widely-used wearable AI
BMW is cutting 8,000 jobs and handing its cars’ brains to Qualcomm
BMW had two messages for staff this week. It is cutting about 8,000 jobs. And it is handing the brains of its future cars to
This Cambridge startup is building a ‘foundation model’ for the chest to speed drug trials
Most AI imaging startups build one model per disease. A Cambridge company has raised $20m to build a single model for the whole chest. Then
Meta’s Profit Falls 14 Percent as A.I. Spending Continues
The Silicon Valley company’s costs rose more steeply than revenue growth, as it continues to invest heavily in artificial intelligence.
Anthropic is alone in every AI policy fight. It’s winning anyway.
Six months ago, Anthropic was the darling of America’s AI boom. It led on the models and was loudest on the ethics. This summer, it
Shein’s app runs on the tricks the FTC calls ‘dark patterns.’ Now the FTC is investigating.
Shein wanted its Hong Kong listing to be about growth. Instead, the filing meant to sell that story revealed a US regulator is investigating the
SK Hynix Reports Strong Earnings, Defying A.I. Market Jitters
SK Hynix, a leading memory chipmaker, reported stratospheric sales and profits on Wednesday. But it was not enough to calm skittish investors.
A.I. Companies Are Recruiting Electricians and Carpenters by the Thousands
The future of artificial intelligence depends on finding more skilled humans for some very physical jobs.
Visa is cutting 2,600 tech jobs to bankroll the tech that threatens it
Visa is cutting about 2,600 jobs, roughly 7% of its staff, and it is cutting them mostly from the teams that build its technology. The