Meta cuts about 700 jobs as it shifts spending to AI
…Zuckerberg also invested $14 billion in Scale AI and tapped its co-founder Alexander Wang to lead Meta’s AI efforts. Wang reportedly clashed with Meta’s former chief AI scientist Yann…
Snap’s GPU-Accelerated Secret to Processing 10 Petabytes a Day | NVIDIA AI Podcast Ep. 298
Snap’s GPU-Accelerated Secret to Processing 10 Petabytes a Day | NVIDIA AI Podcast Ep. 298
Two Rival Bets on AGI: Google I/O Highlights
Gemini Exponential, Demis Hassabis' ‘Proto-AGI’ coming, but …
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…Zuckerberg also invested $14 billion in Scale AI and tapped its co-founder Alexander Wang to lead Meta’s AI efforts. Wang reportedly clashed with Meta’s former chief AI scientist Yann…
…Earlier in March, Meta reportedly asked some managers to prepare cost-cutting plans. The company is looking to offset its costly AI infrastructure investments, which include a plan to spend $600 billion…
…down cost per token. Together, these trends make it more valuable to push AI economics higher up the stack—from selling GPU hours to delivering AI services measured and billed in tokens…
…The filing shows SpaceX directed around 60% of its capital spending in 2025 to its AI division, or around $20 billion. And yet that division — which houses the chatbot Grok — lost billions…
Memory is becoming one of the largest cost factors in next-generation AI server platforms. According to estimates cited by Tom’s Hardware, Morgan Stanley expects NVIDIA’s Vera Rubin-based VR200…
…and enabled AI scaling with greater cost predictability and supply assurance. Full fiscal year summary Group revenue surpassed US$80 billion for the first time at US$83.1 billion, up 20…
…Startup CEOs who are “tokenmaxxing” are bragging that they are spending more money on AI compute than it would cost to hire human workers. Astronomical AI bills are now, in a certain…
Samsung chip workers reject $340,000 one-time bonus, demand annual payouts like SK hynix's $900,000 — workers want share of AI windfall, impending 18-day strike could cost Samsung up to $11.7 billion
Three months ago, Elon Musk wrote on X that Anthropic was “evil,” “misanthropic,” and that the AI lab hated Western civilization. On Wednesday, he leased Anthropic one of his most valuable assets: the world’s biggest sup…
Company I work for is now rapidly planning to scale down its AI tooling spend. Claude code access is basically getting removed and people are forbidden from using personal plans.Reasoning is cost apparently our monthly C…
Here once again A Token Usage Meter for 12+ AI Providers Anthropic, OpenAI, Google, Alibaba qween, Moonshot Kimi, MiniMax, ElevenLabs, Deepgram, Perplexity. Qlaud.ai provides token usage meter / AI billing layer. Also Ql…
During testimony in the ongoing Elon Musk vs. OpenAI case, Microsoft executive Michael Wetter revealed that the company has spent more than $100 billion on its partnership with OpenAI to date, including direct investment…
The Chinese AI lab came to prominence in early 2025 after launching a large language model that trained on a fraction of the compute power and at a fraction of the cost…
…Big Red has raised $18 billion in debt in an effort to fund a massive datacenter building program. MORE CONTEXT Oracle says AI coding tools are helping it dodge the SaaSpocalypse Oracle…
…costs will impact second half demand in gaming. Looking ahead, AMD expects its second quarter revenue to be around $11.2 billion, plus or minus $300 million. Tags: AMD , data center , AI…