Big Tech’s AI payback might be coming into view
Earnings hint at growth trajectory despite increases in capital spending
The New York Times AI·
In “Prophecy,” Carissa Véliz explores how generative A.I. relies on prediction, enriching Big Tech while making the rest of us less safe.
Read full articleEarnings hint at growth trajectory despite increases in capital spending
As Big Tech pours unprecedented resources into scaling large language models, critics argue that transformer-based systems face fundamental limitations.
Every cloud beat. Every capex forecast rose. That is the two-sentence summary of the biggest earnings day of 2026, and it tells you almost everything you need to know about where Big Tech’s AI infrastructure spending actually stands right now. Microsoft, Alphabet, Meta, and Amazon collectively committed somewhere between US$630 billion and US$650 billion in […] The post Big Tech just proved AI infrastructure spending works. Then it raised the bill anyway appeared first on AI News.
Oxford philosopher Carissa Véliz’s ingenious, scathing survey of forecasting takes a well-timed swipe at today’s obsession with predictive algorithms
Meta stock drops on capex increase while Alphabet’s cloud business grows faster than rivals Amazon and Microsoft
Meta, Alphabet and peers are growing smartly, but their value hinges on hard-to-answer questions about AI supremacy
Investors to scrutinise AI spending plans from companies that represent almost one-fifth of the S&P 500’s market cap
The technology secretary spoke amid concerns the UK was struggling to make its own way in AI Britain must seize the initiative in AI or be left at the “mercy and whim” of a future shaped by the technology, Liz Kendall has warned. The UK’s technology secretary said the country must have greater control over the industry as she highlighted big tech’s grip over its development, with 70% of the world’s artificial intelligence computing power provided by US companies. Continue reading...