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category: News
AI
Meta’s WhatsApp AI Tool May Trigger EU Antitrust Investigation, Report Suggests – Implications for Alphabet and Amazon
The European Union (EU) is set to initiate an antitrust investigation into Meta Platforms Inc. (NASDAQ:META) concerning the launch of its "Meta AI" assistant...
AI
OpenAI Partners Accumulate $96 Billion in Debt Amid Rising AI Industry Borrowing Trends
The AI industry, particularly companies supporting OpenAI, has amassed an alarming $96 billion in debt as they strive to meet operational demands. As reported...
AI
Amazon Urges Employees to Abandon Competing AI Coding Tools as It Focuses on Advancing Kiro to Compete with OpenAI and Google
Amazon.com, Inc. (NASDAQ:AMZN) is shifting its focus to its proprietary AI coding tool, Kiro, as outlined in an internal memo encouraging employees to steer...
AI
Weekend Summary: Nvidia’s Record Revenue, Apple’s F1 Acquisition, Google’s Gemini 3 Launch, and Meta’s AI Safety Initiatives – Spotlight on Alphabet (NASDAQ: GOOGL) and...
The tech and entertainment sectors were vibrant this weekend, featuring significant developments. Nvidia reported impressive Q3 results with revenues reaching $57 billion, a 62%...
AI
Yale Expert Highlights Antitrust Issues Surrounding OpenAI, SoftBank, and Oracle’s $500 Billion Stargate Initiative: Report
A Yale Law School researcher has raised concerns regarding antitrust issues linked to the Stargate Project, a $500 billion AI infrastructure initiative involving OpenAI,...
AI
Amazon Replaces Engineers with AI Tools: A Shift in Workforce Strategy – Amazon.com (NASDAQ:AMZN)
Amazon.com Inc (NASDAQ:AMZN) is undertaking significant layoffs, targeting over 14,000 jobs, including many engineering roles, as it intensifies focus on artificial intelligence (AI). Reports...
AI
Sundar Pichai Unveils Gemini 3: Google’s Premier AI Model Promising Enhanced Utility with Minimal Prompts – Alphabet (NASDAQ:GOOG), Amazon.com (NASDAQ:AMZN)
On Tuesday, Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai launched Google Gemini 3, heralded as the company's most advanced AI system, designed to rival OpenAI's...
AI
Airbnb CEO Brian Chesky: AI as a Tool is Key, but Gen Z’s Role is Crucial for Future Leadership – Insights on Airbnb (NASDAQ:ABNB)...
Airbnb CEO Brian Chesky has cautioned that excluding young professionals from the workforce could lead to a leadership crisis as AI technologies proliferate. In...