Cloud giants keep spending on AI, while traditional IT markets lag behind
Big Tech AI investments are growing, but things could change soon
Big Tech needs to generate $600 billion in annual revenue to justify AI hardware expenditure
The big picture: The tech industry is riding a new high amid a frenzy fueled by AI. Big Tech companies have been plowing huge sums to build out the necessary infrastructure to meet what they perceive demand will be for these products in the coming years. One analyst warns however that the industry needs to stop and consider whether the actual revenue generated by AI will be enough to support these investments.
Market investors are starting to bet on Nvidia's fall from AI grace
A hot potato: Nvidia's growth in the past few years has been nothing short of spectacular. The GPU manufacturer is selling a massive number of chips for accelerating AI algorithms, but some investors are now concerned about what comes next. And it's a financial bloodbath.
UK Parliament approves law to strictly regulate Big Tech companies
The country has its own version of Europe's Digital Markets Act now
Even big tech is fighting for AI talent, here's what it means for job seekers
Demand for software roles was at an all-time high mid-pandemic
Apple poached three dozen Google experts to open a secret AI lab in Zurich
Former Google AI head now leads Apple's Machine Learning and AI Strategy division
FTC votes to ban most noncompete agreements nationwide, a common practice among big tech corporations
The big picture: Many companies, including those in the tech sector, often use noncompete agreements to prevent employee poaching. However, the US Federal Trade Commission now deems this practice unfair, asserting that companies have alternative methods to safeguard their intellectual property. The commission anticipates that banning nearly all noncompete agreements will enhance working conditions and foster innovation.
Microsoft and OpenAI are planning a massive $100 billion AI supercomputer dubbed "Stargate"
The two tech giants continue to cozy up
DMA compliance scrutiny continues as EC opens five investigations into Apple, Google, and Meta
Microsoft and Amazon are also on notice, but Bytedance is in the clear
Not just the hardware: How deep is Nvidia's software moat?
The inherent inertia of software ecosystems
The big picture: Starting tomorrow, Nvidia is hosting its GTC developer conference. Once a sideshow for semis, the event has transformed into the center of attention for much of the industry. With Nvidia's rise, many have been asking the extent to which Nvidia's software provides a durable competitive moat for its hardware. As we have been getting a lot of questions about that, we want to lay out our thoughts here.
Microsoft says users can now uninstall OneDrive in Windows for good
There's a way out from the intrusive cloud service
In a nutshell: Microsoft has been pushing OneDrive as the standard cloud storage solution for Windows for quite some time, to the point of user annoyance. The company usually tries everything it can to hinder user's choice on how to deal with the service, but things are seemingly starting to change.
Tech layoffs and share prices don't add up: Cutting costs at financial peaks?
Could this be the start of the great AI replacement?
Google is changing how it shows search results to European users
The changes will ensure compliance with the EU's Digital Markets Act, which goes into effect in March
Microsoft briefly dethroned Apple as the world's most valuable company
Both are valued at nearly $3 trillion
Big Tech is winning over AI startups with more than just money
Big Tech is outspending traditional VC firms on AI startups
Tech giants and the evolving productivity landscape
Qualcomm does indeed have 50,000-ish employees, double those of Nvidia and AMD
Why it matters: After looking at revenue and operating income per employee for big semiconductor companies, we thought that was a fun exercise, so we have looked at another dozen tech companies in various sectors. Broadcom and Apple are in a league of their own – it is good to have a software or licensing business.
EU regulators name the "Big Six" tech gatekeepers that fall under the DMA's purview
Alphabet, Amazon, Apple, Bytedance, Meta, Microsoft
Looking deeper into Arm's IPO prospects: First and second impressions
The search for more money
Tech giants Amazon, Apple, and Samsung could be major investors in Arm's IPO
Arm is expected to go public this year with a blockbuster IPO that could value the company at $60 billion
Amazon's return-to-work plan now includes relocation for some employees
How to make angry workers even angrier
Tax prep companies including H&R Block and TaxSlayer found to be tracking users, share sensitive data with Google, Facebook
Death, taxes and tracking come for everyone
Amazon is suing the EU over its designation as a "very large online platform"
It's not exactly a small one