01 May 2026
Zuckerberg says Meta layoffs tied to AI spending, won't rule out future cuts
Meta CEO Mark Zuckerberg said Thursday the company’s latest round of layoffs is tied to increased spending on artificial intelligence, while leaving the door open to additional job cuts. Zuckerberg made the remarks during a company town hall, his first time addressing employees since Meta confirmed plans to cut roughly 8,000 jobs — about 10% of its workforce.
30 Apr 2026
Amazon's cloud sales are growing the most in 15 quarters. Investors sent the stock down on AI capex fears
Amazon reported strong increases in profits and net sales during its fiscal first quarter, driven by surging growth in its cloud computing unit, which saw a 28% increase in sales for the January-March period—the fastest rise in 15 quarters. Amazon Web Services alone grew by 24% in the fourth quarter and 20% in the third quarter.
30 Apr 2026
The trillion-dollar question: Is tech’s massive AI spending actually working?
A frenzied day of earnings reports offered a glimpse at how some of the world’s biggest tech companies are doing in artificial intelligence. The upshot: Alphabet Inc.’s Google is seeing a clear payoff from its AI spending, while Meta Platforms Inc. is lagging behind.
29 Apr 2026
Big US tech stocks swing as investors probe AI spend
The share prices of the biggest US tech firms swung up and down as investors considered their immense spending on artificial intelligence (AI). Facebook's owner Meta, Google's owner Alphabet, Microsoft, and Amazon all reported their business results for the first three months of this year on Wednesday. The companies collectively plan to spend more than half a trillion dollars on AI this year,…
29 Apr 2026
Tech giants double down on AI as earnings reveal growth gains and rising costs
Big Tech's multi-billion dollar AI bets are still on track as the Mag 7 giants report earnings. Four of the Magnificent Seven (Microsoft, Alphabet, Meta, Amazon) reported quarterly results showing they remain committed to spending billions on AI infrastructure.
29 Apr 2026
12 Stocks to Buy After Meta’s Deal to Beam Energy From Space
Listen to the audio version of this article (generated by AI). Most investors think the AI infrastructure arms race is about chips... but the constraint that is becoming the ceiling on AI buildout isn’t silicon... it’s watts. A single next-generation AI training cluster can consume 1 to 2 gigawatts of electricity, enough power to run a mid-sized American city. The hyperscalers—Meta, Microsoft,…
29 Apr 2026
Meet the AI jailbreakers: ‘I see the worst things humanity has produced’
A few months ago, Valen Tagliabue sat in his hotel room watching his chatbot, feeling euphoric as he manipulated it to ignore its own safety rules, revealing how to sequence new, potentially lethal pathogens and make them resistant to known drugs. Tagliabue, a psychology and cognitive science expert, specializes in ‘emotional’ jailbreaks—using psychological tactics like flattery, threats, and…
29 Apr 2026
After mass production, Agibot shifts focus to architecture and ecosystem
In March, Agibot crossed the threshold of 10,000 robots rolling off its production lines. Then, on April 17, at its partner conference, the company introduced new software products, with hardware receiving far less attention. Agibot unveiled six artificial intelligence models, seven productivity solutions, and its AIMA full-stack ecosystem technology system, forming its ‘one robotic body, three…
28 Apr 2026
Tech's hyperscalers face Wall Street for first time since U.S. Iran war sent oil prices soaring
The last time tech's hyperscalers addressed Wall Street, three months ago, they announced plans to collectively spend well over half a trillion dollars this year to build out their artificial intelligence infrastructure. That was before the U.S. invasion of Iran caused oil prices to spike and led to a dramatic slowdown in helium production, crucial for semiconductor manufacturing. Meanwhile, the…
