8VC founder Joe Lonsdale reveals AI executives are downplaying true resource needs to avoid spooking investors. This creates a dangerous cycle of constant fundraising and energy demands that could reshape the entire technology landscape.
Amazon is making one of the biggest AI infrastructure bets in corporate history while simultaneously cutting thousands of jobs. The company’s cloud boss says they feel “quite good” about their massive investments despite bubble fears.
PayPal’s landmark integration with ChatGPT, launching in 2026, represents the most significant step yet toward conversational commerce. This partnership could fundamentally reshape how consumers interact with AI assistants for shopping.
Wayfair just delivered its best non-pandemic profitability in history, sending shares soaring 10%. But the home goods giant still faces significant headwinds. Here’s what the numbers really mean for the company’s future.
Saudi Arabia aims to leverage its energy surplus to become an AI data center powerhouse. But turning this vision into reality faces significant infrastructure and geopolitical hurdles that demand critical examination.
More than a dozen S&P 500 companies are approaching earnings season with significant momentum, according to recent analysis. Several major corporations show substantial upward revisions in earnings estimates and double-digit potential upside.
More than a dozen S&P 500 companies are reportedly riding strong momentum as they prepare to report quarterly earnings next week, which analysts suggest could be a bullish indicator for their stock performance. According to reports, the third-quarter earnings season has maintained strength since beginning in early October, with S&P 500 companies positioned to report cumulative earnings growth exceeding 13% for the September quarter.
T-Mobile’s partnership with SpaceX’s satellite business reportedly gives the telecommunications giant a significant competitive advantage in satellite communications. According to the company’s incoming CEO, the collaboration could position T-Mobile two to three years ahead of competitors. The service enables text messaging and limited app access in areas without traditional cellphone coverage.
T-Mobile US expects to gain a substantial competitive edge through its strategic partnership with SpaceX’s satellite business, according to recent reports from Dow Jones Newswires. During an appearance on CNBC, incoming CEO Srini Gopalan indicated that the collaboration should position T-Mobile significantly ahead of its competitors in the emerging satellite-to-phone communication space.
Meta Platforms is cutting approximately 600 positions within its artificial intelligence division, according to company confirmation. The layoffs affect AI infrastructure, research, and product teams as the company seeks operational efficiency.
Meta Platforms is eliminating roughly 600 positions within its artificial intelligence unit, according to reports confirmed by company representatives. The cuts represent one of the more significant workforce adjustments since the company’s broader restructuring efforts began, with sources indicate the moves aim to reduce organizational layers and improve operational agility.
Warner Bros. Discovery has reportedly turned down three acquisition proposals from Paramount, with the latest bid valued just under $24 per share. The media giant is simultaneously fielding broad buyout interest while advancing plans to separate into two distinct entities, according to sources familiar with the matter.
Warner Bros. Discovery has reportedly rejected three separate acquisition offers from Paramount, according to sources familiar with the negotiations. The latest proposal was valued at just under $24 per share and consisted of approximately 80% cash, CNBC’s David Faber reported Wednesday. These developments come as Warner Bros. Discovery acknowledges receiving “unsolicited interest” from multiple parties.
Navigating Fiscal Stalemate: Treasury Yields Respond to Shutdown Dynamics As the partial government shutdown extends into its third week, financial…
