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Bloomberg37d agoneutral
Alphabet’s $2 Trillion Gain Turns ‘Rock Star’ Into Question Mark

(Bloomberg) -- Alphabet Inc. has had a remarkable 12 months by just about any measure you can imagine.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpTrump Reports at Least $1.4 Billion in 2025 Crypto EarningsWhatsApp Opens Username Reservations to 3 Billion UsersYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanThe stock price has more than doubled, raising its market capitalization by more t

Bloomberg37d agoneutral
A Giant Cable Exposes Ireland’s AI Ambitions and Security Risks

(Bloomberg) -- On the southwest coast of County Cork, where the lush green landscape gives way to the paler green of the Atlantic Ocean, Ireland is about to make its mark in the tech world again. A subsea cable is due to make landfall here, a high-capacity fiber-optic link designed to handle artificial intelligence loads for Amazon Web Services customers across Europe.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blo

Amazon (AMZN) Launches $1 Billion AI Engineering Unit Inside Customer Organizations
Simply Wall St.37d agoneutral
Amazon (AMZN) Launches $1 Billion AI Engineering Unit Inside Customer Organizations

Amazon Web Services is creating a new Forward Deployed Engineering division funded with US$1b. The unit will embed specialist AI engineers directly inside customer organizations. The aim is to speed up enterprise adoption of AI and agentic AI systems through hands-on co-development. For investors following Amazon.com, Inc. (NasdaqGS:AMZN), this move highlights how important AI services are within the wider AWS business. Instead of only offering tools and guidance from the outside, AWS plans...

Investors are abandoning Mag7 stocks as AI boom transforms
TheStreet38d agoneutral
Investors are abandoning Mag7 stocks as AI boom transforms

The market might be all-in on the AI trade, but a growing chorus of traders and analysts is changing strategies. Mega-cap tech companies like Microsoft, Meta, and Amazon have been hit particularly hard in recent weeks as their plans to spend billions on AI infrastructure have attracted growing ...

How Microsoft Stock Rises 50% To $550?
Trefis38d agoneutral
How Microsoft Stock Rises 50% To $550?

A new business inside Microsoft (MSFT) has quietly reached a massive scale. The company's AI segment has surpassed a $37 billion annual run rate, growing at an astonishing 123%. This new engine is already a significant portion of the Microsoft Cloud, which itself exceeded $54 billion in quarterly revenue. This is not a future promise; it is a present-day reality.

Bloomberg38d agoneutral
CIA Aims to Speed Up Tech Adoption as AI Is ‘Rewriting’ Conflict

(Bloomberg) -- CIA Director John Ratcliffe vowed to step up the agency’s efforts to deploy artificial intelligence and quantum computing, stressing that rapid developments in emerging technologies are changing the nature of geopolitics.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s

Amazon AWS launches new AI engineering division with $1B commitment
Proactive38d agoneutral
Amazon AWS launches new AI engineering division with $1B commitment

Amazon Web Services (AWS) on Tuesday launched a new Forward Deployed Engineering (FDE) organization, committing $1 billion in internal resources to help customers build and deploy artificial intelligence systems. The new unit will embed AI-focused engineers within customer organizations to...

Investing.com38d agoneutral
Blue Origin shifts to hybrid launch system after rocket explosion

Investing.com -- Blue Origin announced it will adopt a new launch configuration following last month's New Glenn rocket explosion, with plans to resume flights before year-end. The company will implement a horizontal/vertical hybrid system instead of rebuilding the damaged launch pad.

The Next Space Race: Could the U.S. Tech Boom Send SPCX Past $3 Trillion by 2027?
24/7 Wall St.38d agoneutral
The Next Space Race: Could the U.S. Tech Boom Send SPCX Past $3 Trillion by 2027?

SpaceX (NASDAQ:SPCX) is surging back again after a brief fall from its highs. SPCX stock is up by almost 11 days in the past five trading sessions and is likely set to continue moving higher in the coming days as the broader rally shows no sign of stopping. In fact, many analysts (retail and the suits) ... The Next Space Race: Could the U.S. Tech Boom Send SPCX Past $3 Trillion by 2027?

Amazon’s AWS commits $1 billion toward new unit for embedded AI engineers
Reuters38d agoneutral
Amazon’s AWS commits $1 billion toward new unit for embedded AI engineers

Amazon said on Tuesday it is creating a new division under its Amazon Web Services cloud unit employing so-called forward-deployed ‌engineers who embed with customers to help them more quickly and efficiently adopt artificial ‌intelligence software. The company is committing an initial $1 billion to the initiative with the goal of sending five to six ​pods of engineers to customers for 45-day periods, said Francessca Vasquez, AWS vice president of frontier AI engineering and services. Forward-deployed engineers are versatile workers ⁠who embed directly alongside clients, navigate internal politics and write production-grade code to help make models deliver results.