Tag: Alphabet Class A
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Tim Cook sees Apple’s hybrid AI strategy as a ‘competitive weapon’
Ahead of the launch of Siri AI, Apple’s outgoing CEO Tim Cook said the company will charge for artificial intelligence through iCloud.
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Amazon soars after CEO Andy Jassy makes the case for its massive AI investment
Amazon jumped about 10% to $258 in after-hours trading, putting shares at their highest level since early June.
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Reddit CEO says Google’s AI Overviews can’t replace ’10 blue links’ for referral traffic
Reddit CEO Steve Huffman said his company has to find ways to work around changes at Google, which is delivering less traffic than in the past.
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IBM CEO says quantum computing will have a ‘measurable impact’ on earnings by 2028 or 2029
IBM CEO Arvind Krishna said the company’s investments in quantum computing should begin to have “a measurable impact” on revenue and earnings by 2028 or 2029.
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Nexus Data Centers in advanced talks to secure $15B for Google-backed Anthropic data center
Morgan Stanley is the lead banker engaging in advanced talks to lend $15 billion to Nexus Data Centers, CNBC confirmed.
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Amazon’s AWS posts fastest growth since 2021, citing AI and chip demand
Amazon Web Services announced new business with Meta and OpenAI in the quarter.
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Reddit shares sink 7% on ‘choppy’ search referrals even as results blow past estimates
Reddit reported second-quarter earnings that beat on the top and the bottom, and gave a revenue forecast that topped estimates.
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OpenAI cuts prices for two of its GPT-5.6 AI models as companies grow sensitive to costs
The company is facing pressure to cater to a more cost-sensitive customer base.
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Amazon on deck to report earnings after the bell with cloud, capex in focus
Amazon projected its 2026 capex will reach $200 billion, and some analysts believe the total could rise in the face of surging artificial intelligence demand.
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How NBCUniversal’s deal with YouTube could jump-start the next chapter of the streaming wars
The next iteration of the streaming wars is likely to be about aggregating content on the biggest existing platforms.
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