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Google probed by Swiss regulator over Android default search feature
Reuters24d agobearish
Google probed by Swiss regulator over Android default search feature

Switzerland's Competition Commission (COMCO) has launched a preliminary investigation into Google's removal of a ‌feature that allows mobile phone users to opt out ‌of using its search engine as default, the authority said on Tuesday. The "Choice ​Screen" feature allows users to choose their default search engines during the initial set up of their new Android device. COMCO said Google had removed this feature in Switzerland, even though ‌it remained available in ⁠other countries in Europe.

Bloomberg24d agoneutral
SoftBank’s Masayoshi Son Sees Fusion Power as Key to AI’s Future

(Bloomberg) -- SoftBank Group Corp. founder Masayoshi Son said that in the not-so-distant future, nuclear fusion technology will offer the most realistic solution for powering AI data centers’ ballooning needs. Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleHormuz Route

Alphabet (GOOGL) Is Turning Its TPU Chips Into An AI Compute Business
Simply Wall St.24d agoneutral
Alphabet (GOOGL) Is Turning Its TPU Chips Into An AI Compute Business

Alphabet is moving to commercialize its custom AI chips, known as Tensor Processing Units, by selling TPU capacity to external cloud providers. The company is also preparing a neocloud offering that rents TPU computing power directly to customers. This TPU push positions Alphabet to compete more directly with Nvidia in supplying AI hardware. Alphabet, traded as NasdaqGS:GOOGL, is trying to turn its in house AI hardware into a business line that serves other companies, not just Google...

Google holds steady as Claude, Gemini surge in June user growth
Proactive24d agobullish
Google holds steady as Claude, Gemini surge in June user growth

Google maintained steady user and traffic growth in June while rivals Claude and Gemini extended sharp gains, according to a new note from Bank of America. BofA reiterated its Buy rating on Alphabet Inc (NASDAQ:GOOG), pointing to comments from Google executives describing an "expansionary...

AI Costs Keep Rising As Morgan Stanley Ups CapEx Estimates For Amazon, Meta
Investor's Business Daily25d agoneutral
AI Costs Keep Rising As Morgan Stanley Ups CapEx Estimates For Amazon, Meta

Spending on AI data centers by cloud hyperscalers could reach $1.4 trillion by 2028, analysts with Morgan Stanley said Monday. The investment bank raised its estimates for capital expenditures by Meta Platforms and Amazon — with returns on AI spending a key debate for both stocks. Morgan Stanley analyst Brian Nowak said in a client note that he expects Meta's capex to reach $225 billion in 2027 and $250 billion in 2028, up 29% and 22% from his prior estimates.