Alphabet, Meta, Microsoft, Amazon, and Oracle have a collective $3T+
Alphabet, Meta, Microsoft, Amazon, and Oracle have a collective $3T+ in AI spending commitments over the coming years, including Alphabet's $1T and Meta's $800B
TL;DRBig tech firms pledging over $3T combined on AI infrastructure in coming years.
Why it matters: Massive capital commitments signal AI race intensification and will reshape cloud competition, energy demand, and startup funding landscape.
Filing: Vancouver, WA-based Powerlattice, which makes a power delivery
TL;DRAI chip startup Powerlattice raised $86M to scale power-efficient processor technology.
OpenAI, Google, Microsoft, and Anthropic say they will adopt a new
TL;DRBig AI firms adopt a standard letting publishers block AI training scrapers.
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E.ON, Qoro Quantum, and NQCC Scale Constrained Optimization on IBM
Companies ran large optimization problems faster on IBM's quantum computers by breaking them into smaller pieces.
Intel’s stock crashes, knocking $12B from government’s stake
Intel's stock tanked, eroding the government's $12B investment as PC demand slumps.
Anthropic expected to receive high ‘junk’ rating from credit agencies
Anthropic's IPO will probably get a low credit rating from agencies.
Applebee’s exposed customers’ personal data
Applebee's app had a hardcoded password exposing customer personal data.
Need To Rethink How AI Infrastructure Is Powered: FuelCell Energy CEO
Fuel cell company CEO argues AI data centers need cleaner power alternatives to reduce costs and environmental impact.
Opay Shares Fail to Trade
Nigerian fintech Opay raised $304M in IPO but shares haven't started trading yet.
Illumina CEO on Q3 Results and Business Outlook
Illumina beat Q3 expectations and raised guidance; growth accelerating after flat period.