Meta’s AI Spending Spree Gets a Thumbs Up From Investors
Meta’s stock jumped 9% after it announced plans to spend up to $135 billion on AI next year. The key difference? Blowout advertising revenue is footing the bill, easing Wall Street’s nerves.
Meta’s stock jumped 9% after it announced plans to spend up to $135 billion on AI next year. The key difference? Blowout advertising revenue is footing the bill, easing Wall Street’s nerves.
Google is pushing back against UK antitrust proposals that would give publishers more control over how their content is used in AI features like AI Overviews. The company warns that creating sharp opt-outs could “break” its core Search product, which is now deeply intertwined with AI. Cloudflare CEO
Sebastiaan de With, the co-founder behind the acclaimed Halide camera app, is joining Apple’s design team. He previously worked with Apple on iCloud and Find My. His move raises questions about the future of Halide and its sibling apps.
IBM’s fourth-quarter results show strong demand for its AI and automation software, with revenue hitting $19.69 billion. However, sales growth in its high-margin Red Hat hybrid cloud business decelerated to 10%, impacted by the lengthy U.S. government shutdown in late 2025.
A new forecast shows a major shakeup in smartphone chip shipments for 2026. While Samsung is projected to grow, MediaTek could take a massive 8 percentage point hit. The mid-range market slowdown is turning up the heat.
The tech sector is riding high on promises of massive AI spending, but Wall Street analysts are sounding the alarm. They predict the breakneck growth rate in AI capital expenditures will decelerate significantly this year and next, from over 70% to the mid-teens. This slowdown could challenge the sk
IBM just posted strong Q4 earnings, proving its focus on AI implementation is a real moneymaker. But with the stock trading at a premium, investors might be better off looking elsewhere for growth.
Google has agreed to a preliminary $135 million settlement in a class action lawsuit. The suit alleged the company illegally harvested cellular data from Android phones since November 2017, even when apps were closed.