Browsing: Meta

Tech leaders from Amazon to Microsoft are cutting jobs as AI-driven automation reshapes work, streamlining operations across major corporations.

iPhone sales climbed 13.5%, lifting Apple’s revenue and easing investor concerns over trade tariffs and the company’s delayed AI integration.

Meta shares surged after unveiling plans to double AI investment to $72B in 2025, aiming to expand infrastructure and dominate next-gen computing.

Meta is investing billions to build AI infrastructure, with Prometheus and Hyperion data centers powering its superintelligence ambitions.

America leverages natural gas to meet AI’s growing power demands, with $70 billion in investments focused on data centers and energy infrastructure in Pennsylvania.

Tech stocks surged, pushing the S&P 500 and Nasdaq higher, even as US-China trade negotiations remained stalled.

Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a “once-in-a-lifetime” business opportunity.

Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model.

Business leaders and major corporations donate millions to President-elect Donald Trump’s inaugural committee, aiming to secure influence and access as his administration plans economic policy changes.

Meta must limit the use of personal data for targeted ads after the EU’s top court ruled in favor of privacy activist Max Schrems, marking a major setback for Meta’s advertising model.