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Tech Companies to Keep Spending on A.I. Despite Worries of Slow Payoff
Posted inAlphabet Inc Amazon.com Inc Artificial Intelligence Company Reports Computers and the Internet Google Inc Meta Platforms Inc Microsoft Corp Stocks and Bonds

Tech Companies to Keep Spending on A.I. Despite Worries of Slow Payoff

Big technology companies show no signs of slowing their spending on artificial intelligence, even though a payoff still looks a long way away.
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Posted by By Karen Weise
Meta’s Lesson in Allaying Wall Street’s A.I. Fears
Posted inArtificial Intelligence Facebook Inc Google Inc Instagram Inc internal-storyline-no Meta Platforms Inc Microsoft Corp NVIDIA Corporation

Meta’s Lesson in Allaying Wall Street’s A.I. Fears

The tech giant is doubling down on its huge spending on artificial intelligence — but not at the expense of profits.
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Posted by By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler
Alphabet Reports 29% Jump in Profit as A.I. Efforts Begin to Pay Off
Posted inAlphabet Inc Artificial Intelligence Company Reports Computers and the Internet Google Inc Mergers, Acquisitions and Divestitures Pichai, Sundar Wiz Inc

Alphabet Reports 29% Jump in Profit as A.I. Efforts Begin to Pay Off

Google’s parent company narrowly topped revenue and profit expectations, driven by its search engine and cloud unit, and it said A.I. investments were “driving new growth.”
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Posted by By Nico Grant
Mark Zuckerberg Stumps for ‘Open Source’ A.I.
Posted inArtificial Intelligence Computers and the Internet Google Inc Meta Platforms Inc Microsoft Corp Open-Source Software Software

Mark Zuckerberg Stumps for ‘Open Source’ A.I.

The chief executive of Meta said in an open letter that it was important that the technology was not controlled by a handful of giant companies — including his own.
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Posted by By Mike Isaac

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