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Tech stocks set for big losing week as AI names get rocked after Nvidia earnings
Jensen Huang, NVIDIA founder and CEO, has a Q&A session at a press conference during the APEC CEO summit on October 31, 2025 in Gyeongju, South Korea. Woohae Cho | Getty Images News | Getty Images Even Nvidia CEO Jensen Huang couldn’t save the tech and artificial intelligence trade this week. The chip giant’s talismanic […]
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Google must double AI compute every 6 months to meet demand, AI infrastructure boss tells employees
Amin Vahdat, VP of Machine Learning, Systems and Cloud AI at Google, holds up TPU Version 4 at Google headquarters in Mountain View, California, on July 23, 2024. Marc Ganley Google ‘s AI infrastructure boss told employees that the company has to double its compute capacity every six months in order to meet demand for […]
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Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster
The Amazon Puget Sound Headquarters is pictured on Oct. 28, 2025 in Seattle, Washington. Stephen Brashear | Getty Images Amazon‘s 14,000-plus layoffs announced last month touched almost every piece of the company’s sprawling business, from cloud computing and devices to advertising, retail and grocery stores. But one job category bore the brunt of cuts more […]
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Waymo to begin manual drives in Minneapolis, Tampa and New Orleans, aims to open service in 2026
Waymo driverless vehicles charge at a Waymo charging station in Santa Monica, California, U.S., May 30, 2025. Daniel Cole | Reuters Alphabet’s Waymo on Thursday announced that it will soon begin manually driving its robotaxi vehicles in Minneapolis, Tampa and New Orleans. The Google sister company will start operating test drives in that trio of […]
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Meta chief AI scientist Yann LeCun is leaving to create his own startup
Yann LeCun, known as one of the godfathers of modern artificial intelligence and one of the first AI visionaries to join the company then known as Facebook, is leaving Meta. LuCun said in a LinkedIn post on Wednesday that he plans to create a startup that specializes in a kind of AI technology that researchers […]
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OpenAI rolls out ‘ChatGPT for Teachers’ for K-12 educators and districts
Zoom In IconArrows pointing outwards ChatGPT for Teachers Courtesy of OpenAI OpenAI on Wednesday announced ChatGPT for Teachers, a version of its artificial intelligence chatbot that is designed for K-12 educators and school districts. Educators can use ChatGPT for Teachers to securely work with student information, get personalized teaching support and collaborate with colleagues within […]
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Perplexity announces free product to streamline online shopping
Davide Bonaldo | Lightrocket | Getty Images Perplexity on Wednesday announced it will roll out a free agentic shopping product for U.S. users next week, as consumers ramp up spending for the holiday season. “The agentic part is the seamless purchase right from the answer,” Dmitry Shevelenko, Perplexity’s chief business officer, told CNBC in an […]
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Alphabet stock surges on Gemini 3 AI model optimism
VCG | Visual China Group | Getty Images Alphabet stock jumped 5% on Wednesday after Google debuted its latest artificial intelligence model, Gemini 3, sparking optimism from investors. The new model is an improvement on its predecessor, Gemini 2.5, which Google released about eight months ago. Google said Gemini 3 allows users to get […]
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Larry Summers resigns from OpenAI board after release of emails with Epstein
Larry Summers, president emeritus and professor at Harvard University, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. Stefan Wermuth | Bloomberg | Getty Images Former Treasury Secretary Larry Summers said Wednesday that he will resign from the board at OpenAI after the release of emails between him and the notorious sex offender Jeffrey Epstein. Summers had announced […]
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Meta wins FTC antitrust trial that focused on WhatsApp, Instagram
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta won its high-profile antitrust case against the Federal Trade Commission, which had accused the company of holding a monopoly in social networking. In a memorandum opinion released Tuesday, […]
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