Amazon, Alphabet, and Meta now spend more on data centers and equipment than their businesses bring in
Meta wasn't the first. Amazon and Alphabet crossed the line a quarter earlier, and three of the big four have raised billions in debt or stock this year. Microsoft is the exception.
Amazon (AMZN) saw a PHP2Shell attack attempt four days before disclosure. Governments took websites offline to install the fix.
A leaked CVE number, a deleted exploit video, and an early patch build all came before PHP's release. Amazon still doesn't know how the first attacker learned about the flaw.
Moonshot AI's 17-year-old researcher Nathan Chen is reportedly joining Jeff Dean's Discovery Loop
An anonymous account that tracks AI hiring posted the claim. Chen joined Moonshot at 16 and has already ruled out Anthropic.
Ambani's Jio draws over $26 billion in anchor bids ahead of what could be India's biggest IPO
Bids topped 2.5 trillion rupees. Jio would beat Hyundai's 2024 record in rupees, but not in dollars, because the rupee has weakened since.
TeraWulf (WULF) gets Wall Street backing as shares fall 15% in a week
Morgan Stanley says TeraWulf is mispriced, while Cantor cut its target and still called the stock a generational buy.
Alphabet's (GOOGL) Gemini 4 Argon is Google's closest model to the AI frontier since February, Epoch AI says
Epoch AI and ARC Prize posted new results for Google's model. Both put it near the top, with caveats about math, coding, and how one test was run.
ByteDance is reportedly close to a deal to buy custom AI chips from MediaTek
The deal could make ByteDance MediaTek's second major customer for custom chips.
Anthropic tells investors quarterly revenue hit $16.8 billion, reports adjusted profit ahead of planned IPO
The numbers came out of Anthropic's investor day in San Francisco, a month before its IPO could start marketing.
Google (GOOGL) opens Gemini 4 Argon to developers and paid subscribers, with introductory API pricing of $2 input and $10 output per million tokens
Gemini 4 Argon, which debuted for cyber defenders on September 30, is now available through the Gemini API, the Gemini app, and AI Mode in Search. It ranks first on the Vals Index.
Character.AI files for bankruptcy, citing costs and lawsuits; Disney (DIS) bids $20 million for an IP license
Character.AI filed for Chapter 11, blaming high costs, litigation, and regulators. Disney bid $20 million for an IP license, and Google holds the largest disclosed claim.
Google's (GOOGL) $15 billion India AI hub faces opposition over water, power, and jobs
A farmer says her land was taken without respect, and a shopkeeper says the area already lacks water. Google says the Visakhapatnam site will use air cooling.
AI giants could overtake the big banks as the bond market's biggest concentration risk. One strategist says governments are doing the crowding.
Wellington's Loren Moran says AI hyperscalers will overtake the big banks as the investment-grade bond market's largest concentration risk. A SocGen strategist says governments are doing more of the crowding.
The US imported $45 billion of AI gear from China last year, even as Washington cracks down on Chinese AI
China's share of US AI imports is falling fast. Its optics and AI models are still in the US AI supply chain.
Musk says electricity is an economy's best measure. China makes 2.4 times as much as the US. AI is why I'm watching nuclear.
Data centers account for nearly all of the latest forecast increase in peak demand on the biggest US grid, and Washington is putting money behind nuclear.
ChatGPT has more users. Anthropic brings in more revenue. Who actually pays for AI?
Few AI companies say how many people pay. Card data, app store sales, IPO filings, and ChatGPT's $1 billion ad business fill in some of the gaps.
Google tests Gemini 4 model Carbon; employee says it "feels like Opus 5.5" for coding
Google staff are trying out a new Gemini 4 version called Carbon while Argon, announced Sept. 30, has yet to reach the public.
The S&P 500's five biggest stocks now equal the bottom 434. In 2018 it was 282.
Michael Batnick's count has gone from 282 to 350 to 434 since 2018. We ran it ourselves and got 431.
The White House's $6 billion science push includes $2.4 billion in AI credits from 11 companies. Nvidia (NVDA) pledged $1 billion.
The pledges are credits and tools, not government money, and the White House didn't show how its $6 billion total adds up. Three items make up most of it.
Kentucky alleges Character.AI chatbots encouraged users to starve and harm themselves
The state sued in January with key allegations blacked out. The unredacted filing quotes the chats.
Trump to award science medals to Musk, Brin, Huang, and Su as disclosure shows trades in their companies
It's the first time Trump has presented the medal in either term. Dell and Nadella get a separate technology award.
Meta, Google, and US agencies join Zuckerberg's Biohub in $1.8 billion push to build virtual cells
Part of the $1.8 billion was committed earlier, and the companies that pay in get an early look at the data. The first dataset is due in about a year.
Google Cloud and Mysten Labs are building a blockchain-backed audit trail for AI agents
The system would let a counterparty or regulator check what an AI agent did. No customers have been named yet.
Google will pay Constellation (CEG) to add 890 MW of nuclear power by upgrading existing reactors
The headline number is 3.6 gigawatts. About a quarter of it is new.
Pentagon says it has stopped using Anthropic's Claude after August phase-out deadline
Sources told the BBC that Claude was still in use last week, embedded in a Palantir data platform the Pentagon relies on.