Ai Spending
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Big Tech's AI Cost Panic: Uber, Microsoft And The Burn Problem
Big tech companies such as Microsoft and Uber are now raising serious questions whether the huge AI spends are justified after all?
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Meta Orders Work From Home First, Then Lays Off 8,000 Employees At 4 AM
Meta confirmed layoffs last month. Inside the company, morale dipped sharply. Some staffers 'began collecting free snacks and spare laptop chargers'.
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Women Spend 42% More Time On Shopping, OTT, Messaging Apps Than Men: Report
Women in the 18-24 age bracket spend up to 47 per cent more time on commerce apps than men, making them one of the most valuable user groups.
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"Spiral Of Annihilation": Pope Leo XIV On Rise Of AI-directed Warfare
Pope Leo XIV denounced how military spending had increased dramatically this year, especially in Europe, at the expense of education and healthcare
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Qualcomm Rises on Smartphone Rebound Hopes, Data-Centre Chip Push
Qualcomm said on Wednesday that its third quarter results will be lower than expected, but CEO Cristiano Amon gave a positive view about a recovery in smartphone sales and growth in data centres, pushing shares up 15 percent after hours. The company has faced uncertainty as rising memory chip prices increased device costs, leading customers to cut ...
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UK Student Spends Over Rs 1 Crore On Degree, Fails To Land Job After 500 Applications
Sharif pointed to the lasting economic effects of the pandemic and the rapid rise of artificial intelligence as key reasons why companies are cutting back on graduate hiring.
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Elon Musk Reportedly Preparing to Launch X Money Soon With Payments, Banking Features
Elon Musk is reportedly close to launching X Money, a payments and banking service built into X. The feature is said to be nearing early public access and may include peer-to-peer transfers, a debit card, and an AI assistant for tracking expenses. Early users have mentioned perks such as cashback and higher savings interest rates. However, key deta...
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Amazon Invests Another $5 Billion In Anthropic To Boost AI Collaboration
Anthropic said in early April that it had tripled its annualised revenues quarter-on-quarter to over $30 billion, outpacing OpenAI for the first time.
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Meta Loses $310 Billion Market Value Due To Legal Risk, AI Spending Concerns
Shares of the Facebook and Instagram parent are down 19% this month, putting them on pace for their worst performance since October 2022.
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Meta To Layoff Nearly Thousand Employees Amid Record AI Spending: Report
The layoffs will affect employees both in the US and other international markets, according to a person familiar with the matter.
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Boy Reveals NEET Aspirant Sister Spends 10 Hours A Day Talking To AI Chatbots: 'Situation Beyond Repair'
A concerned brother shared how his older sister was spending 9-10 hours every day talking to an AI chatbot whilst preparing for NEET.
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Should You Be Polite To AI? What Rishi Sunak Said And The Science Behind It
OpenAI CEO Sam Altman said in an exchange on X last year that the company spends "tens of millions of dollars" in electricity on polite user exchanges.
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AI Chefs To Sea Monsters, How Dubai Is Spending Big Money To Make Drama Out Of Dining
In Dubai, food is no longer meant to be eaten and forgotten. It is meant to dazzle, to provoke, to leave you slightly breathless
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Amazon To Invest $200 Billion In AI After Washington Post Announces Layoffs
Amazon will spend $200 billion in 2026, over 50 per cent higher than last year, ramping up investment in artificial intelligence and robotics, the tech giant said.
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Google's Alphabet To Spend $4.75 Billion To Power AI Data Centers
Google's corporate parent on Monday announced an agreement to buy data center energy specialist Intersect for $4.75 billion as part of its effort to secure the vast amounts of electricity needed to power artificial intelligence technology.
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Big Tech's AI Cost Panic: Uber, Microsoft And The Burn Problem
Big tech companies such as Microsoft and Uber are now raising serious questions whether the huge AI spends are justified after all?
-
Meta Orders Work From Home First, Then Lays Off 8,000 Employees At 4 AM
Meta confirmed layoffs last month. Inside the company, morale dipped sharply. Some staffers 'began collecting free snacks and spare laptop chargers'.
-
Women Spend 42% More Time On Shopping, OTT, Messaging Apps Than Men: Report
Women in the 18-24 age bracket spend up to 47 per cent more time on commerce apps than men, making them one of the most valuable user groups.
-
"Spiral Of Annihilation": Pope Leo XIV On Rise Of AI-directed Warfare
Pope Leo XIV denounced how military spending had increased dramatically this year, especially in Europe, at the expense of education and healthcare
-
Qualcomm Rises on Smartphone Rebound Hopes, Data-Centre Chip Push
Qualcomm said on Wednesday that its third quarter results will be lower than expected, but CEO Cristiano Amon gave a positive view about a recovery in smartphone sales and growth in data centres, pushing shares up 15 percent after hours. The company has faced uncertainty as rising memory chip prices increased device costs, leading customers to cut ...
-
UK Student Spends Over Rs 1 Crore On Degree, Fails To Land Job After 500 Applications
Sharif pointed to the lasting economic effects of the pandemic and the rapid rise of artificial intelligence as key reasons why companies are cutting back on graduate hiring.
-
Elon Musk Reportedly Preparing to Launch X Money Soon With Payments, Banking Features
Elon Musk is reportedly close to launching X Money, a payments and banking service built into X. The feature is said to be nearing early public access and may include peer-to-peer transfers, a debit card, and an AI assistant for tracking expenses. Early users have mentioned perks such as cashback and higher savings interest rates. However, key deta...
-
Amazon Invests Another $5 Billion In Anthropic To Boost AI Collaboration
Anthropic said in early April that it had tripled its annualised revenues quarter-on-quarter to over $30 billion, outpacing OpenAI for the first time.
-
Meta Loses $310 Billion Market Value Due To Legal Risk, AI Spending Concerns
Shares of the Facebook and Instagram parent are down 19% this month, putting them on pace for their worst performance since October 2022.
-
Meta To Layoff Nearly Thousand Employees Amid Record AI Spending: Report
The layoffs will affect employees both in the US and other international markets, according to a person familiar with the matter.
-
Boy Reveals NEET Aspirant Sister Spends 10 Hours A Day Talking To AI Chatbots: 'Situation Beyond Repair'
A concerned brother shared how his older sister was spending 9-10 hours every day talking to an AI chatbot whilst preparing for NEET.
-
Should You Be Polite To AI? What Rishi Sunak Said And The Science Behind It
OpenAI CEO Sam Altman said in an exchange on X last year that the company spends "tens of millions of dollars" in electricity on polite user exchanges.
-
AI Chefs To Sea Monsters, How Dubai Is Spending Big Money To Make Drama Out Of Dining
In Dubai, food is no longer meant to be eaten and forgotten. It is meant to dazzle, to provoke, to leave you slightly breathless
-
Amazon To Invest $200 Billion In AI After Washington Post Announces Layoffs
Amazon will spend $200 billion in 2026, over 50 per cent higher than last year, ramping up investment in artificial intelligence and robotics, the tech giant said.
-
Google's Alphabet To Spend $4.75 Billion To Power AI Data Centers
Google's corporate parent on Monday announced an agreement to buy data center energy specialist Intersect for $4.75 billion as part of its effort to secure the vast amounts of electricity needed to power artificial intelligence technology.
