Techs
Welcome back to our Sunday edition, a roundup of some of our top stories. Bummed about your Spotify Wrapped? Maybe this explanation from a former Spotify engineer about what was different this year will help.On the agenda today:But first: Keeping track of DOGE.If this was forwarded to you, sign up…
The tech giants Meta, Alphabet, Amazon, and Apple reported earnings this week.Companies beat expectations, with some boosted by large cloud growth.Heavy investment in generative AI also showed signs of paying off and improving internal efficiency. The tech giants Meta, Alphabet, Amazon, Apple, and Microsoft reported earnings this week, and investors…
By Martin Coulter LONDON (Reuters) – Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity resilience and discriminatory output, according to data seen by Reuters. The EU had long debated new AI regulations before OpenAI released ChatGPT to the…
Amazon’s cash balance is expected to reach almost $400 billion by 2027, far outpacing tech rivals.This cash gusher stems from record profits, cost-cutting, and success in cloud and advertising.Shareholders will want some of this money. So far, Amazon is investing in AI and other growth plans. Amazon’s ballooning cash balance…
By Laila Kearney and Timothy Gardner NEW YORK/WASHINGTON (Reuters) – Constellation Energy and Microsoft (NASDAQ:) plan to restart the Three Mile Island nuclear plant, hoping they have scored a quick source of enough climate-friendly energy to power rapidly expanding data centers for artificial intelligence (AI). U.S. power generation capacity through…
By Katie Paul and Anna Tong NEW YORK (Reuters) – At its peak in the early 2000s, Photobucket was the world’s top image-hosting site. The media backbone for once-hot services like Myspace and Friendster, it boasted 70 million users and accounted for nearly half of the U.S. online photo market.…
Hiring for AI talent is ruthless — and Big Tech may be to blame. Recruiters say tech giants offer high salaries to talent that smaller firms can’t match.There also aren’t many workers with the right skills for AI-related jobs, though that will change. The fight to hire the best AI talent…
