Latest in World's largest sovereign wealth fund posts $138 billion in first half profit as AI demand boosts tech
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Head of Australia’s largest listed tech group quits after reports on private life
Billionaire Richard White steps down as WiseTech Global chief following 20% fall in company’s sharesBusiness - Financial Times - October 24 -
Meta’s Reality Labs posts $4.4 billion loss in third quarter
Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.Business - CNBC - October 30 -
Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever
The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.Tech - The New York Times - October 31 -
ASML results could provide insight into AI, China demand
ASML Holding, the Dutch company that makes the chip-making machines used by the major players in the semiconductor industry, is on Wednesday due to report results that could provide some insight ...Business - MarketWatch - October 15 -
Nuclear energy stocks hit record highs on surging demand from AI
Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisationBusiness - Financial Times - October 20 -
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.Business - The Wall Street Journal - October 31 -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - October 31 -
Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings
Peter Thiel’s data analytics company raises its revenue forecast as growth acceleratesBusiness - Financial Times - 4 days ago -
The show’s not over: 2024 sees big boost to AI investment
AI investment continues to show resiliency, driving deal volumes to 1,245 in Q3, 24, a level not seen since Q1, 22.Tech - VentureBeat - November 1 -
Lionel Messi dazzles with a hat trick and two assists for Argentina in a resounding victory over Bolivia
Messi made his first start in Argentina in 333 days and didn't disappointSports - CBS Sports - October 16 -
UK inflation falls below 2% for first time since 2021 in boost to Rachel Reeves
Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leeway. UK inflation surprise opens up wriggle room for lower rates and less painful budget ...World - The Guardian - October 16 -
Patriots QB Drake Maye suffers concussion in first half against Jets
New England Patriots rookie quarterback Drake Maye left Sunday’s game against the New York Jets in the first half after a hit to the head at the end of an 18-yard scrambleSports - ABC News - October 27 -
Draymond, Poole trade taunts at end of first half in Warriors-Wizards
Golden State Warriors forward Draymond Green and Washington Wizards guard Jordan Poole couldn't resist the chance to take shots at each other Monday night.Sports - Yahoo Sports - 4 days ago -
MicroStrategy, the largest corporate bitcoin holder, to raise more than $40 billion to buy more bitcoin
The plan is to use the additional capital ‘to buy more bitcoin as a treasury reserve asset,’ the company says.Business - MarketWatch - October 31 -
Google becomes the latest tech giant to strike a nuclear-power deal for AI
Amazon, Microsoft and Oracle all have nuclear arrangements of their own as tech companies seek clean-energy solutions for AI’s massive power needs.Business - MarketWatch - October 14 -
Big Tech turns to nuclear energy to power AI boom
Major technology companies are increasingly turning to nuclear energy as they attempt to keep up with the vast energy demands of artificial intelligence (AI) without derailing their highly ...Politics - The Hill - October 16 -
Nuclear-Powered AI: Big Tech's Bold Solution or a Pipedream?
Amazon, Google and Microsoft are investing billions in nuclear power, but the projects are years away and rely on unproven technology.Tech - The Wall Street Journal - October 22 -
Tech giants press Congress to codify AI Safety Institute
A coalition of more than 60 tech companies and industry groups, including Amazon, Anthropic, Google, Meta, Microsoft and OpenAI, urged congressional leaders Tuesday to pass legislation permanently ...Politics - The Hill - October 22 -
WSJ Tech Live: Executives, Investors and Artists Debate AI's Potential
Andreessen Horowitz’s Martin Casado says tech policy is in a ‘dangerous place.’Tech - The Wall Street Journal - October 23 -
Big Tech Sees AI Bets Starting to Pay Off
Microsoft, Google and Amazon all reported strong quarterly growth in cloud revenue but warned of increased capital spending.Business - The Wall Street Journal - November 1
