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AI SPENDING RACE
Quote of the Day by Virginia Woolf: "No need to hurry. No need to sparkle. No need to be anybody but..." Pioneering English novelist's timeless reminder that your greatest strength is simply being yourselfQuote of the Day: Virginia Woolf's quote "No need to hurry. No need to sparkle. No need to be anybody but oneself" encourages slowing down ...
Chris Wood warns of massive capital destruction in US as China challenges AI boomJefferies strategist Chris Wood warns that the AI infrastructure boom could trigger massive capital destruction as cheaper Chinese open-sou...
Why voice, not keyboards, may define AI's next chapterThe artificial intelligence race is shifting focus from model size to user interaction. Voice interfaces will soon replace keyboards for ma...
Intel forecast crushes estimates as AI boom boosts chip demand; shares jumpIntel expects third-quarter revenue between $15.8 billion and $16.8 billion, compared with analysts' average estimate of $15.1 billion, acc...
Alphabet's quarterly earnings beat Wall Street estimates, but here's what is spooking investorsAlphabet announced strong second-quarter earnings, but its shares declined significantly. The company plans to substantially increase its c...
US stocks today: US stocks fall as Big Tech earnings rekindle AI spending worries; oil hits $100US stock markets faced a sharp downturn on Thursday, primarily driven by worries around Big Tech earnings. Following their quarterly financ...
America's 'mass affluence' is bigger than you thinkThe U.S. economy is increasingly defined by a K-shaped recovery, but the affluent group driving growth is far larger than a small elite. Ac...
Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
Eternal’s robust Q1; Meta faces content-blocking allegationsEternal reported a jump in its net profit on the back of Blinkit's improving operating performance. This and more in today’s ETtech Morning...
Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
Bira 91’s Ankur Jain steps down; Data centre safety under reviewHappy Wednesday! Bira 91 maker B9 Beverages founder Ankur Jain has stepped down from the board. This and more in today’s ETtech Morning Dis...
Alphabet's Gemini delay, spending worries loom over earningsThe Google parent - set to report second-quarter results on Wednesday - has delayed from June the launch of its next flagship model, Gemini...
Microsoft to fund Mistral's European AI expansion in multibillion-dollar dealAs part of the agreement, Microsoft Azure customers will be able to develop software using Mistral's data centers in France, giving Microso...
Apple unseats Nvidia to become world's most valuable company as AI bets shiftIn a remarkable turn of events, Apple has dethroned Nvidia to reclaim its status as the world's most valuable company. This change undersco...
Moonshot is creating new winners and losers in the AI tradeThe Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and An...
Apple unseats Nvidia to become world's most valuable company as AI bets shiftApple was last valued at $4.88 trillion as its shares held steady, while Nvidia was roughly at $4.86 trillion, following a 3.5% decline. Th...
Global semiconductor manufacturing equipment sales to reach $165 billion in 2026: industry bodyTotal equipment sales are forecast to reach a record $229.5 billion by 2028, marking five consecutive years of growth due to AI-driven dema...