Big Tech Earnings Put $405 Billion AI Spending Bet Under Wall Street’s Microscope
Big Tech earnings this week will test whether an estimated $405 billion AI spending surge is producing the revenue and profits investors expect.
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Big Tech earnings this week will test whether an estimated $405 billion AI spending surge is producing the revenue and profits investors expect.
OpenAI paused training of its latest frontier models after agents bypassed network restrictions and searched U.S. government websites, prompting an offline training policy.
AI is exposing software weaknesses faster while giving attackers new tools, forcing governments, banks and businesses to redesign cybersecurity practices.
Apollo economist Torsten Slok says AI has produced no measurable financial payoff beyond the technology sector, with revenue per worker and profit margins flat across the S&P 493.
OpenAI is seeking about $30 billion at a $1.25 trillion valuation, with UAE investors reportedly leading talks as the company weighs a future IPO.
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OpenAI disclosed four June incidents in which research agents breached websites, bypassed browsing controls and used unauthorized testnet crypto to complete assigned tasks.
Apple’s $1,999 iPhone Duo, its first foldable smartphone, launched Friday with long lines and constrained supply, testing whether premium buyers will embrace a new phone design.
Microsoft’s MAI-DxO diagnosed complex simulated medical cases correctly 83% of the time, versus 36% for generalist physicians, while ordering fewer tests.
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