According to a new report, Amazon CEO Andy Jassy is in talks with OpenAI’s Sam Altman about a potential $50 billion investment. This would follow a $38 billion cloud deal the two companies signed in November.
Apple’s first fiscal quarter of 2026 brought in $143.8 billion, a 16% jump year-over-year. The results largely met the sky-high expectations set by Tim Cook back in October 2025.
In a bizarre failed jailbreak attempt, a Minnesota man showed up at a federal detention center in Brooklyn claiming to be an FBI agent with a court order. He was allegedly carrying a bag containing a barbecue fork and a pizza-cutter-like blade. The inmate he tried to free is accused of murdering a U
Mark Zuckerberg says AI is enabling single employees at Meta to accomplish projects that once required entire teams. This is driving a new, leaner hiring strategy focused on top talent, even as the company grapples with compute shortages.
The conventional startup wisdom is to find unsolved problems. But according to a seasoned entrepreneur, that’s the wrong playbook for the AI era. The real leverage is in rebuilding the messy, complicated processes that already exist.
Telia has confirmed it will cut 600 positions, initiating union negotiations in January 2026. The move comes just over a year after the carrier laid off 3,000 workers. This is happening even as the company posted full-year 2025 revenue growth of 1.8%.
Microsoft’s stock took its biggest hit since 2020 after earnings revealed slowing cloud growth and higher-than-expected capital spending. Meanwhile, Meta’s shares surged over 7% as it announced plans to spend up to $135 billion on AI infrastructure. The divergent reactions highlight the market’s int
In response to US trade policy, allies are forging new bilateral deals to diversify supply chains. The economic cost of this hedging strategy appears manageable, for now.
The tech services industry is facing an unusual stagnation, with eight consecutive quarters of flat growth. According to a Forbes analysis, this is just the prelude to a potential contraction by 2026, fueled by AI-driven efficiency and a shift in how companies operate.
Tesla is investing $2 billion into Elon Musk’s AI startup, xAI, as part of its $20 billion funding round. The deal, expected to close in early 2026, comes as xAI’s Grok chatbot faces multiple global probes over deepfake image generation.
