Google must double AI compute every 6 months to meet demand, AI infrastructure boss tells employees
At a recent all-hands meeting, Google’s head of AI infrastructure said the company has to race to build out compute capacity.
New York Fed President Williams sees room for ‘further adjustment’ to rates
Williams said he expects the central bank can lower its key rate from here as labor market weakness poses a bigger threat than inflation.
Buy this digital health stock that’s ‘too compelling to ignore’, says Raymond James
The bank upgraded the digital platform for medical professionals to a strong buy from outperform.
Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster
Nearly 40% of the roughly 4,700 positions Amazon eliminated across Washington, New York, New Jersey and California were engineering jobs.
Ukraine’s Zelenskyy says Kyiv ‘geared up for clear and honest work’ as U.S. pushes for progress on peace plan
Ukrainian President Volodymyr Zelenskyy said he expects to speak with U.S. counterpart Donald Trump in the coming days.
Oil prices and energy stocks fall sharply on Trump’s new Ukraine peace plan
Oil prices and energy stocks fell sharply on Friday morning as the U.S. pushed for a Russia-Ukraine peace deal.
Joby lawsuit accuses air taxi rival Archer of using stolen information to ‘one-up’ deal
The lawsuit comes during a busy stretch for eVTOL technology as companies race to gain Federal Aviation Administration certification.
Foxconn highlights growing AI ambitions at ‘Tech Day’ as it grows beyond iPhone assembler identity
At Foxconn’s ‘Hon Hai Tech Day’ the world’s largest contract manufacturer’s evolution into an artificial intelligence-focused tech firm on full display.
Japan’s cabinet announces $135 billion stimulus package: NHK
The package is based on three pillars: addressing rising prices, achieving a strong economy, and strengthening defense and diplomatic capabilities.
SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names
Asian chip stocks fell in early trading, tracking Nvidia’s losses in the U.S., despite the American AI chip darling posting strong third-quarter earnings.