Tech giants are set to invest $700 billion in AI this year, but uncertain returns raise concerns, says Jefferies report.

Meta just raised 2026 capex to $125–$145B and tied it to deploying Nvidia CPUs plus “millions” of Blackwell/Rubin GPUs and ...

Thomas Reardon is raising $500M at a $2.5B valuation for Flourish, which uses neuroscience to make AI radically less power-hungry. Lux Capital and GV lead the round.

Apple Inc. delivered another double beat in Q2, with revenues and EPS up year-over-year, driven by strong iPhone sales. Learn ...

Tech giants are investing heavily in artificial intelligence but haven’t significantly shrunk their workforces.

Amazon is optimistic about agentic commerce; the costs of AI may soon outweigh profits; and AMC Global Media thinks old shows ...

Meta is cutting staff while boosting A.I. spending. CEO Mark Zuckerberg signals that leaner teams may define the company’s ...

Shares of Microsoft (NASDAQ:MSFT) are down 5% in midday trading Thursday, changing hands near $402 after closing Wednesday at ...

Alphabet, Meta, Amazon, and Microsoft are the largest spenders on AI data farms, putting them at the center of an ...

For me, the three reasons this quarter matters are simple: stronger-than-expected iPhone 17 demand, a Services business that ...

The e-commerce and technology company said that sales in its cloud computing unit were up 28% in the January-March period, ...

The Dow rose and the S&P 500 and Nasdaq notched new records after Big Tech earnings from Alphabet, Amazon, Microsoft and Meta and fresh PCE and GDP data.