Apple is curtailing employee AI use to cut costs, reports Bloomberg. In October, Apple limited some engineers to $200 per day for AI spending, down from $300. More cuts could be coming,…
Goldman, Apollo Seek Buyers for SpaceX’s $40 Billion AI Chip Financing Deal
Goldman Sachs Group Inc. and Apollo Global Management Inc. are in talks with Wall Street investors to start selling portions of a roughly $40 billion chip financing deal for SpaceX, just as…
OpenAI is already trying to shape the 2028 election
OpenAI’s chief global affairs officer Chris Lehane thinks the 2028 presidential election could be a defining moment for AI. And he wants politicians to start developing policies that address Americans’ concerns about…
Figma (FIG) Q3 earnings report 2026
Figma signage appears at the New York Stock Exchange in New York as the company prepares for its shares to begin trading on July 31, 2025. Michael Nagle | Bloomberg | Getty…
AMD Forecasts Higher Sales as AI Chip Demand Drives Data Center Growth
Advanced Micro Devices Inc., a key challenger to Nvidia Corp. in artificial intelligence chips, gave a sales forecast that soared past analysts’ projections, a sign of buoyant demand for data center processors….
Google responds to outrage over removing search in schools that ban AI
Google is playing defense on Tuesday after a political backlash to its new policy surrounding use of artificial intelligence in schools. In a blog post titled “Designing responsible AI for learning,” Google…
Big Tech Soars on Bet Dems Will Save AI Spenders From Themselves
The shares of US technology giants led the market higher on Wednesday as investors bet that a Democrat-controlled Congress will slow the massive spending on artificial intelligence that’s eating up free cash…
Meta acquires AI coding startup Conductor
Meta has acquired Conductor, an AI coding startup that allows users to spin up software projects by deploying multiple agents into parallel workspaces. The news was originally reported by Axios, and Conductor…
Apple Cuts Internal AI Usage Budgets in Move to Reduce Spending
Apple Inc. is reducing employee budgets for artificial intelligence usage as part of a cost-cutting effort, even as the company seeks to put AI at the center of its operations. Last month,…
Satellite Images Show What May Be Behind Microsoft AI Buildout Delays
Microsoft spent $5 billion less than expected on AI last quarter, and satellite images may show why. In Microsoft’s quarterly earnings call last month, chief financial officer Amy Hood said delays by…