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Tech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently opposed to the draft laws."Our position is clear: this law is poorly designed, grossly unfair, and will fail to deliver a diverse and sustainable news industry," said Meta, the parent company of Facebook and Instagram.
By David Shepardson WASHINGTON, June 3 (Reuters) - The Federal Communications Commission said on Wednesday it plans to toughen oversight of submarine communications cables that handle 99% of
Lovable and Google signed an expanded multiyear deal that involves a 5x expansion of Lovable's footprint on Google Cloud, and expanded access to Anthropic Claude.
Shares of social network operator Meta Platforms (NASDAQ:META) jumped 3.2% in the morning session after sentiment improved following an enterprise AI product launch, and an analyst upgrade.
Alphabet is funding a larger AI buildout, leaving shareholders to weigh whether Gemini usage and Google Cloud demand can translate into stronger cash-flow returns.
Charlie and Will break down the crash of Michael Saylor’s STRC, IREN's massive 800MW deal in Australia, a critical Zcash soundness bug, Google’s massive $80B equity raise for AI, and…
The semiconductor and software maker says semiconductor revenue from AI more than doubled to $10.8 billion in the quarter, boosted by increasing demand for custom AI accelerators and AI networking, Chief Executive Hock Tan said.
Bitwise advisor Jeff Park argues Alphabet's $16.75 billion preferred equity tranche mirrors what Strategy has done with its own preferred stock programs, and that crypto-linked issuers helped normalize the instrument.
Broadcom forecast third-quarter revenue above Wall Street expectations on Wednesday, betting on robust demand for its custom AI chips and networking gear. However, shares of the Palo Alto, California-based company fell more than 2% in extended trading. They had gained nearly 8% last week in the run up to earnings.
Alphabet announced an $80 billion equity package including a $10 billion Berkshire Hathaway placement, as AI capex plans balloon to $180 billion to $190 billion for 2026 alone.
The CMA ordered Google to give publishers more control over how content is used in AI search features.
Alphabet will represent nearly 9% of Berkshire Hathaway's entire investment portfolio.
The famous hedge fund manager seems to have found a hidden gem outside of the market's most popular stock picks.
If Alphabet's record-breaking, $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow.
The move increases scrutiny of Google's search dominance.
Uber has committed close to half a billion dollars in self-driving startup Nuro, two sources directly aware of the matter told Reuters, detailing the extent of a major investment by the ride-hailing company in developing commercial robotaxis. Uber has been positioning itself as a platform for the nascent industry and has partnered with many autonomous vehicle companies, including Chinese tech giant Baidu, U.S. electric vehicle maker Rivian, and British startup Wayve. One of Uber's commitments is a three-way partnership with Nuro and electric vehicle company Lucid to roll out 35,000 robotaxis using Lucid's Gravity SUVs and upcoming midsize vehicles, Nuro's technology and Uber's platform.
UK regulators ordered Google to give publishers more control over content used in AI-generated search summaries.
Warren Buffett's Berkshire Backs Alphabet's Ambitious AI Expansion
Most investors view artificial intelligence (AI) as a battle between Nvidia, OpenAI, and other technology giants. But a new bottleneck is emerging that could shape the industry's future.
From University Lab to Quantum Hype Stock IonQ (NYSE:IONQ) hit the public market in October 2021 via a SPAC merger with dMY Technology Group III, becoming the first pure-play quantum computing stock investors could actually buy. The pitch was bold: a trapped-ion architecture spun out of University of Maryland and Duke research, aimed at solving ... What a $1,000 Bet on IonQ Since Its SPAC Debut Is Worth Today
<body><p>STORY: Shares of Meta rose more than 3% in morning trading on Wednesday, after the social media giant unveiled an AI agent designed to help businesses carry out day-to-day operations.</p><p>The move marks Meta's latest push into the fast-growing enterprise AI market.</p><p>Mark Zuckerberg's company said the new product expands on existing business messaging services by enabling "agentic" capabilities in which the assistant can, for example, book calendar appointments and close sales on behalf of businesses.</p><p>It said more than 1 million businesses were already using earlier chatbot versions of such agents on WhatsApp and Messenger. The new version will be added to Instagram as well.</p><p>The move hints at Meta's ambitions to compete with rivals like OpenAI, Anthropic and Google in the market for enterprise applications of its AI tools, leveraging the reach of its WhatsApp, Instagram and Facebook apps.</p><p>The company is also launching a broader "Business Agent Platform" aimed at giving businesses the tools to build custom AI agents to help them manage their operations elsewhere.</p><p>That platform is connected to hundreds of non-Meta systems, including Shopify.</p></body>
The traditional book-building process exists so Wall Street can tell you what your company is worth, but Elon would rather not know
Tesla said on Wednesday it was rolling out its unsupervised robotaxis in the Austin Metro area in Texas, as the electric-vehicle maker looks to speed up its autonomous ride-hailing operation. Expanding the robotaxi service and wider adoption of its full self-driving software - a version of which underpins the technology - is key to Tesla's growth strategy after CEO Elon Musk pivoted the company's focus from EVs to AI and robotics. The service has been operating in Austin for nearly a year, where customers sometimes experience wait times in excess of 30 minutes.
Broadcom shares sank in pre-market following the chipmaker's quarterly results.
Broadcom shares sank in pre-market following the chipmaker's quarterly results.
Broadcom shares sank in after-hours following the chipmaker's quarterly results.
Broadcom shares edged higher ahead of the company's earnings on Wednesday.
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