Amazon to spend $100bn this year in AI drive
Spending plans outpace Big Tech rivals Alphabet and Microsoft
Read more at Financial Times
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Wealthy overseas owners drive record spend in English football’s lower leagues
Three-way fight for promotion in third tier comes ahead of tighter financial rules on spendingFinancial Times - 22h -
AI leaders clash over safety and $100bn Stargate project
Top tech leaders at Davos such as DeepMind’s Demis Hassabis and Meta’s Yann LeCun in fiery debateFinancial Times - Jan. 26 -
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this yearCNBC - Jan. 24 -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - Jan. 24 -
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...The Hill - Jan. 24 -
Rivian to Introduce Hands-Free Driving System This Year
Rivian announced it ill go hands-free in 2025 and “eyes-off” in 2026.Inc. - Jan. 23 -
How a Driving Instructor to the Stars Spends Her Sundays
Shanti Gooljar grabs some coffee before eight hours of heart-racing driving lessons around New York City. She caps off her day by having dinner with her son.The New York Times - Jan. 11 -
The PS5 Disc Drive Is Back In Stock At Amazon
PS5 Pro Disc Drive ...GameSpot - Jan. 10
More from Financial Times
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Bank of England halves growth forecast and cuts rates to 4.5%
Revised economic estimates come as blow to Labour and stoke stagflation fearsFinancial Times - 10h -
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
UK central bank has forecast weaker growth, higher inflation and rising unemploymentFinancial Times - 8h -
Trump seeks to close tax loophole enjoyed by private equity groups
US president tells lawmakers he wants to strike ‘carried interest’ rule used by leading financiersFinancial Times - 4h -
Quantum computing is overshadowed by rapid advances in AI
Potentially transformative, the idea has yet to show practical value, as the boundaries between the two fields shiftFinancial Times - 9h -
Musk barred from accessing US Treasury payments data
Temporary order restricts efforts of billionaire’s Department of Government Efficiency to infiltrate multitrillion dollar systemFinancial Times - 5h
More in Business
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'Chilling effect': Here's what an Indonesian startup scandal means for the region's struggling scene
"This could have a chilling effect for, conservatively, 12 months, but probably longer," Justin Hall of Golden Gate Ventures says of the eFishery investigation.CNBC - 26m -
Affirm shares pop more than 15% on revenue beat
Affirm beats on earnings and revenue in fiscal second quarter.CNBC - 50m -
Homeowners — particularly first-time buyers — are worryingly late on their mortgage payments
An rising number of homeowners, particularly first-time home buyers and military buyers, are missing their monthly payments — and one group says it could be the “canary in the coal mine.”MarketWatch - 1h -
Amazon’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead
Amazon shares slid after the online-retail and cloud-services giant offered a first-quarter outlook that came up short of Wall Street’s expectations while forecasting bumpy trends in its cloud ...MarketWatch - 1h -
E.l.f. Beauty stock sinks after cosmetics maker trims outlook. Its CEO says shoppers are focused on bigger matters.
Shares of E.l.f. Beauty Inc. tumbled after hours on Thursday after the cosmetics maker trimmed its full-year outlook, citing “softer-than-expected trends in January.”MarketWatch - 1h