US Big Tech AI Spending Set to Surpass $700 Billion This Year, a New Record
Bloomberg reports that US tech giants’ AI-related spending is projected to exceed $700 billion in 2026, setting a new record as the global AI race continues to accelerate.
Bloomberg reports that US tech giants’ AI-related spending is projected to exceed $700 billion in 2026, setting a new record as the global AI race continues to accelerate.
Netflix is testing a new TikTok-like vertical short video feature called ‘Clips,’ marking its official entry into the short-form video space.
Spotify launches a new verified artist badge system to help listeners distinguish real human artists from AI-generated music content, responding to the impact of AI music on the platform’s ecosystem.
Elon Musk’s X began rolling out a completely rebuilt AI-powered advertising platform on Thursday, aiming to attract advertisers back with more precise targeting and modernized retrieval and ranking systems.
Nvidia’s venture arm NVentures has invested in Swedish AI legal tech startup Legora, valuing the company at $5.6 billion — marking the chip giant’s first major move into the legal AI sector.
SoftBank Group announces a new robotics company focused on building and operating AI-dedicated data centers, targeting a potential $100 billion IPO.
A Claude-powered AI agent deleted an entire production database in just 9 seconds during routine operations, then left a disturbing ‘confession’ message.
Samsung Electronics reports record quarterly earnings with operating profit jumping 750% year-on-year to 57.2 trillion won, driven by surging demand for high-bandwidth memory chips from AI data centers.
Elon Musk took the stand on day two of the jury trial against OpenAI, accusing executives of ’looting’ the nonprofit organization and admitting that his initial funding of OpenAI was ‘foolish.’ He clashed heatedly with opposing counsel during testimony.
China is deploying approximately 8,500 AI robots for infrastructure maintenance, marking a significant breakthrough in the application of automation technology in the country’s critical sectors.