As tech companies tout their plans for massive new data centers, consumers are increasingly worried the AI-driven gold rush will ultimately drive up the price they pay for electricity, according to a new survey. The report, commissioned by solar installer Sunrun, found that 80% of consumers are worried about the impact of data centers on […]
Rising energy prices put AI and data centers in the crosshairs Read More »
Core Scientific shareholders on Thursday voted down an all-stock acquisition offer from partner and competitor CoreWeave that was valued at the time at $9 billion. They did so following a vote-no recommendation from their largest shareholder, Sina Toussi of Two Seas Capital, a firm that focuses on post-bankruptcy companies. Core Scientific emerged from its bankruptcy
AI mania tanks CoreWeave’s Core Scientific acquisition; it buys Python notebook Marimo Read More »
Amazon’s cloud infrastructure service, Amazon Web Services (AWS), is on track to record its strongest year of growth in three years, fueled by the AI industry’s unprecedented demand for computing power. AWS is growing 20% year-over-year and ended the third quarter with $33.1 billion in sales through the first nine months of the year, Amazon
AWS exceeds Wall Street’s expectations as demand for cloud infra remains high Read More »
Nvidia CEO Jensen Huang is visiting South Korea for the first time in fifteen years to unveil new plans and deepen collaboration with major Korean tech companies — including Hyundai Motor, Samsung, SK, and Naver. During this week’s APEC Summit 2025, Nvidia and the South Korean government announced an expanded partnership to boost the country’s
Nvidia expands AI ties with Hyundai, Samsung, SK, Naver Read More »
In a push to expand its AI footprint in emerging markets, Google has partnered with billionaire Mukesh Ambani–led Reliance Industries to bundle its AI Pro subscription with Jio 5G plans at no extra cost. On Thursday, Google announced a partnership with Reliance, India’s largest company by market capitalization, to offer its AI Pro subscription free
Box co-founder and CEO Aaron Levie doesn’t think AI agents will replace enterprise SaaS (software as a service) companies. Instead, he believes that the more likely future is a hybrid combination of SaaS plus agents, he said, speaking on stage at the TechCrunch Disrupt 2025 conference on Wednesday. “Generally, once you have a business process,
Box CEO Aaron Levie on how AI is changing the enterprise SaaS landscape Read More »
Amazon said on Tuesday that it plans to reduce its corporate workforce by 14,000 jobs as it seeks to reduce bureaucracy, remove layers and invest more in its AI strategy. This marks the e-commerce giant’s second-largest job cuts since it slashed 22,000 jobs in 2022. Amazon had nearly 1.2 million employees as of October 31,
Amazon to cut 14,000 corporate jobs Read More »
Another gripping allegation of corporate espionage has emerged from the profoundly boring world of employee onboarding platforms and 401(k) administration. All year, we’re been following the ongoing death match between HR software titans Rippling and Deel, which are currently locked in a litigation featuring accusations of planted moles and systematic data theft. Now, as first
Developers hate (bad) marketing, but they still need a way to find useful tools and services. That’s why you’ll find a preponderance of developers on forums and sites like Hacker News, Reddit and Stack Overflow discussing their dev kits and why some tools are better than others. That buying intent is the signal that Israeli
Israeli intelligence vets raise $20M to track developer buying signals Read More »
Intel’s third-quarter earnings beat Wall Street expectations Thursday, results buoyed by a bump in revenue combined with larger cuts, and multiple, sizable investments over the last two months as CEO Lip-Bu Tan looks to turn around the struggling semiconductor giant. Intel’s revenue results and its $4.1 billion in net income provides a far rosier view
With an Intel recovery underway, all eyes turn to its foundry business Read More »
