The company reported higher-than-expected capital expenditures of $34.9 billion in its latest quarter.
Meta Raises Its Spending Forecast on A.I. to Above $70 Billion
The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers and builds data centers to power the technology.
Alphabet Revenue Jumps 16% With Strong Cloud Sales
Profits also rose, to just under $35 billion, as Google Search proved resilient to A.I. alternatives.
G.M. Will Cut 1,750 Jobs in Electric Vehicle Business
The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars.
NPM flooded with malicious packages downloaded more than 86,000 times
Attackers are exploiting a major weakness that has allowed them access to the NPM code repository with more than 100 credential-stealing packages since August, mostly without detection. The finding, laid out Wednesday by security firm Koi, brings attention to an NPM practice that allows installed packages to automatically pull down and run unvetted packages from...
Nvidia hits record $5 trillion mark as CEO dismisses AI bubble concerns
On Wednesday, Nvidia became the first company in history to reach a $5 trillion market capitalization, fresh on the heels of a GTC conference keynote in Washington, DC, where CEO Jensen Huang announced $500 billion in AI chip orders and plans to build seven supercomputers for the US government. The milestone comes a mere three...
New physical attacks are quickly diluting secure enclave defenses from Nvidia, AMD, and Intel
Trusted execution environments, or TEEs, are everywhere—in blockchain architectures, virtually every cloud service, and computing involving AI, finance, and defense contractors. It’s hard to overstate the reliance that entire industries have on three TEEs in particular: Confidential Compute from Nvidia, SEV-SNP from AMD, and SGX and TDX from Intel. All three come with assurances that...
(BPRW) Thrivin’ in Color Drops New Breast Cancer Awareness Month Episode
(Black PR Wire) MIAMI, FL – In honor of Breast Cancer Awareness Month, Black PR Wire’s Thrivin’ in Color podcast welcomes a true pioneer in breast cancer advocacy, Reona Berry, co-founder and executive director of the African American Br…
OpenAI Restructures as For-Profit Company
The artificial intelligence company said the nonprofit that controlled the organization would receive a $130 billion stake in the new company.
Can a Start-Up Make Computer Chips Cheaper Than the Industry’s Giants?
Substrate, a San Francisco company, is trying to take on powerhouses like the Dutch company ASML.