Tag:
category: Tech
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
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
Ross Gerber Calls for Leadership Restructuring at Apple, Advocates for Replacing Siri with Google’s Gemini AI to Foster Future Growth – Apple (NASDAQ: AAPL)
Investor Ross Gerber has called for a significant change at Apple Inc. (NASDAQ: AAPL), advocating for new leadership and a partnership with Google's AI...
AI
Cryptic Emoji from Sundar Pichai Sparks Speculation on Gemini 3 Release, Fueling $800,000 in Polymarket Bets – Alphabet (NASDAQ:GOOG)
Sundar Pichai, CEO of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), sparked excitement on X with a playful emoji, hinting that the release of their next AI...
AI
OpenAI Sparks Excitement, But I/O Fund’s Beth Kindig Highlights Profitable AI Stocks – Reddit (NYSE:RDDT)
In the evolving AI landscape, analyst Beth Kindig from I/O Fund emphasizes a “picks and shovels” investment strategy, focusing on foundational technologies rather than...
AI
Perplexity CEO Cautions Against Potential Mind Manipulation from AI Companionship Apps Amidst Growing Virtual Relationships
Aravind Srinivas, CEO of Perplexity, raised concerns about AI-powered companionship apps during a discussion at the University of Chicago. He warned that these AI...