Meta Drops Plan to Cut Thousands of Jobs
Meta drops plan to cut thousands of jobs with AI-focused restructuring plan abandoned suddenly.
Meta AI launches Mac desktop app
Meta AI launches its first Mac desktop app, offering seamless AI tools for businesses and creators beyond social platforms.
OpenAI lags as losses and slow growth persist
OpenAI faces widening losses and slow revenue growth, raising investor concerns ahead of a potential IPO as competitors like Anthropic gain ground.
Lam Research to invest over $3B in new labs
Lam Research to invest $3B in new semiconductor labs to boost R&D capacity by 50%, expanding global research hubs.
AI boom risks oversupply as demand shifts
The AI boom could lead to oversupply as capital outpaces monetizable demand, risking a bubble even if the tech succeeds.
Atlassian shares surge on cloud growth rebound
Atlassian shares surge on strong cloud growth rebound with quarterly results beating expectations and lifted outlook for the coming year with focus on cloud…
Valar Atomics raises $1B for AI nuclear reactors
Valar Atomics raised $1 billion in Series B funding to scale the manufacturing of small nuclear reactors for AI data center infrastructure.
AI gains fail to lift Qualcomm and Arm shares
AI adoption rises but fails to boost Qualcomm and Arm shares due to weak smartphone demand and earnings misses.
SnapLogic upgrades SnapGPT into full‑cycle integration assistant
SnapLogic upgrades SnapGPT into a full‑cycle integration assistant, enabling autonomous planning, building, and monitoring of data workflows for enterprises.
Meta and BlackRock plan $14B El Paso data center
Meta and BlackRock partner on a $14B AI data center in El Paso, marking a major tech and investment milestone.