Amazon said on Friday its Indian operations had reached a major milestone in water conservation, at a time when global tech giants face increasing pressure over their expansion of resource-hungry AI data centres. The U.S.-based company announced it had turned "water positive" in India this year - meaning it returns more water to communities than it uses across its operations, which include data centres, corporate offices and warehouses. Amazon, Microsoft and Alphabet's Google are among companies that are facing shareholder and activist pushback over the environmental impact of data centre projects, Reuters reported earlier this year.
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Google's Gemini co-lead Noam Shazeer is joining OpenAI, just two years after Google paid $2.7 billion to bring him back.
Somewhere in the past few weeks, a supply chain rumor got out that a chip program Broadcom has been working on with Google might be running late. Nobody confirmed it. No contract was lost, no customer pulled back, no earnings were restated. Just a rumor, and yet Broadcom's stock shed nearly 7% in ...
Wielding its war chest to win data-center customers for its silicon, the world’s second-biggest company is taking a page from No. 1.
(Bloomberg) -- Meta Platforms Inc. has secured new agreements to get AI computing power from data center developer Crusoe, bolstering the infrastructure it needs to support an ambitious artificial intelligence expansion.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USNYC Greek Eatery Ki
OpenAI is bulking up before its IPO, landing Transformer co-inventor Noam Shazeer from Google DeepMind and former Trump AI policy official Dean Ball in the same week.
$1.3 trillion S&P 500 companies reported that level of capex for 2025, according to data compiled by S&P Global Market Intelligence. That figure includes $412 billion for just five large hyperscalers: Alphabet, Amazon, Meta, Microsoft and Oracle.
(Bloomberg) -- Bankers for Elon Musk’s SpaceX are preparing to hold calls with investors as soon as next week to discuss a potential bond offering on the heels of the company’s record IPO, according to people with knowledge of the matter.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USA
Waymo Recalls 3,900 Vehicles After Construction Zone Software Problem
SpaceX (NASDAQ:SPCX) is the ticker dominating every group chat this week, with the private-company exposure vehicle gaining 19.18% in five trading days on pure rocket-launch euphoria. But here is what you should actually be watching. The space narrative is colliding with a wall. Tighter global liquidity, sticky policy rates, and a Federal Reserve that is ... Forget SpaceX. Alphabet Just Beat Earnings by 94% and Doubled Its Cloud Backlog to $460 Billion
Waymo is recalling 3,871 robo-taxis to correct software that might allow a vehicle to enter a freeway construction zone, according to a National Highway Traffic Safety Administration notice. For starters, it illustrates the size of the Waymo robo-taxi fleet. The Alphabet -owned ride-hailing network operator is expanding across the country, along with other companies, including Tesla Amazon.com -backed Zoox, and others.
The video-sharing platform says it will change its name and tweak its business structure after buying German AI company Northern Data.
NHTSA identifies a Fifth Generation ADS flaw that could cause vehicles to enter closed freeway zones at speed
(Bloomberg) -- The artificial-intelligence race is becoming so expensive that it’s snuffing out one of the key forces that has helped keep Big Tech stocks soaring for years: steady share buybacks.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USApple Plans Camera AirPods Alongside Upgrad
The stock market is salivating over big increases in corporate earnings, but there’s a catch. Analysts expect S&P 500 companies’ earnings growth to top 20% for a second consecutive quarter in the current period, in part because of soaring profits by semiconductor makers and other AI-infrastructure companies. This combination has worked wonders for corporate earnings broadly.
Waymo identified a software problem that could likely cause the vehicles to enter a closed freeway construction zone and continue driving at speed.
SpaceX's record-setting IPO has investors rushing into space stocks. From Rocket Lab to AST SpaceMobile, here's how to separate the durable winners from the hype in a fast-growing $1 trillion market.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.21%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.99%. June E-mini S&P futures (ESM26 ) fell -1.19%, and June E-mini Nasdaq futures...
The succession will mark the end of an era for the derivatives exchange, which transformed under Duffy’s long run.
AI lab Odyssey on Wednesday said it has raised $310 million in a Series B round valuing it at $1.45 billion, and struck a deal with Amazon Web Services that gives it access to specialized chips designed for high‑performance machine-learning workloads. The round, led by Natural Capital, saw participation from Amazon, AMD Ventures, Google Ventures, EQT and In-Q-Tel, alongside prominent individual investors including Google’s chief scientist Jeff Dean and Garry Tan, president and CEO of Y Combinator. Odyssey is building models that can simulate the real world and act without human input.
Elon Musk just made his biggest bet yet on artificial intelligence. Days after SpaceX's record-breaking stock market debut, the company confirmed it would acquire Anysphere, the San Francisco-based startup behind the popular AI coding tool Cursor, in a deal valued at $60 billion. The move puts ...
The company that ends up defining a new gadget is rarely the one that ships it first. Being first means being early, and being early means paying to teach everyone else why they should care. Smart glasses have lived in that expensive waiting room for years. Meta (META) turned camera-equipped ...
Allbirds stock is up more than 50% on Wednesday as it continues its pivot from a sustainable sneaker business to an artificial intelligence company.
Allbirds stock is up more than 30% on Wednesday as it continues its pivot from a sustainable sneaker business to an artificial intelligence company.
The stunning rally in SpaceX shares is losing some steam. The stock was trading 6% lower this morning, after a staggering rally that propelled shares nearly 50% above its IPO price in less than three full days of trading. It may be that a frenetic wave of demand from individual investors is finally fizzling out.
By Susanna Twidale LONDON, June 17 (Reuters) - A coalition backed by Big Tech companies for carbon removal technology, said on Wednesday it would inject an additional $915 million into the sector, and
The U.S. company should provide advance notice of any significant changes to its search services, U.K. officials said, giving it six months to act under the country’s digital markets competition rules.
(Bloomberg) -- Apple Inc. investors are losing patience with the company’s talk about becoming a more formidable presence in artificial intelligence and want to start seeing some results.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace Deal“Ther
Adoption of artificial intelligence has reached a "tipping point" in Britain, as companies move from experimentation to large-scale deployment and start seeing returns, a Google Cloud executive said on Wednesday. Businesses and government bodies that were testing AI tools a year ago are now using them to run more complex processes and improve productivity, Maureen Costello, Google Cloud's vice president for the United Kingdom, Ireland and Sub-Saharan Africa, told Reuters in an interview.