Tag: internet
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Amazon Leo to bring satellite internet to South Africa in 2027
JOHANNESBURG, July 15 : Amazon’s low-earth orbit satellite internet venture Amazon Leo has signed an agreement with South Africa’s Herotel to launch a new broadband service aimed at connecting underserved rural communities, it said on Wednesday.Under the agreement, Herotel, South Africa’s largest fixed intern
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Employees sue Meta, alleging discrimination in using AI to make layoffs
The lawsuit filed by current and former Meta employees underscores rising concerns about AI’s impact on jobs and people with disabilities in the workforce.
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Chamath Palihapitiya says soaring AI token spend will hit companies’ earnings
Palihapitiya is part of a growing chorus of investors and tech executives who are cautioning that the tokenmaxxing era is coming to an end.
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Meta’s Louisiana data center investment to reach $50 billion, aided by generous tax incentives
Meta said the planned Hyperion data center supercluster in Richland Parish, Louisiana, will be a 5GW facility and cost over $50 billion.
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‘Almost unlimited’: Execs says AI demand remains strong even as enterprises move to ‘valuemaxxing’
AI-related chip stocks have been volatile amid a debate over AI demand and spending.
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Burnout, frustration and heartbreak: Amazon layoffs take their toll in saturated job market
In the eight-plus months since Amazon announced its most expansive job cuts ever, laid off workers have been thrust into an increasingly saturated labor market.
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The AI race is shifting from bigger models to cheaper, smarter systems
Companies are starting to choose AI models by task, cost and control, not just leaderboard rank.
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Meta’s stock heads for best week since early 2024 as optimism builds around AI strategy
Meta released two AI models this week as part of its new Muse Spark family, under the leadership of Alexandr Wang.
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OpenAI exec Fidji Simo says she will step down and transition to part-time advisor
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu Fidji Simo, OpenAI’s product and business chief, said she’s stepping down from her role at the company to focus on recovery after
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Commentary: With AI, we are losing the ability to discover what we didn’t know to ask
What used to be a meandering journey is now an immediate arrival at your destination, says this neuroscience researcher for the New York Times.
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