Steve Eisman of “The Big Short” fame thinks the artificial intelligence trade is near a “tipping point,” but he’s not ready to outright bet against it yet. “I’ve gotten much more conservative in my own portfolio. We have shorted against the box a whole bunch of our positions, so that our risk is much, much,…
Sundar Pichai, CEO, Google and Satya Nadella, CEO of Microsoft. Denis Balibouse | Ruben Sprich | Reuters The past few quarters of hyperscaler earnings have been marked by ever-increasing capital expenditure forecasts as tech giants race to build out artificial intelligence infrastructure to meet what they describe as insatiable demand. At least for the moment,…
The boom in AI-related spending is already enormous relative to the size of the U.S. economy and is widely expected to grow even bigger. Indeed, a widely cited projection by Stijn Van Nieuwerburgh of the Columbia Business School concludes, based on announced plans by major players in the industry, that this will be the biggest…
Sundar Pichai, CEO of Alphabet, during the Google I/O Developers Conference in Mountain View, California, May 19, 2026. David Paul Morris | Bloomberg | Getty Images In Alphabet’s across-the-board earnings miss, one segment stood out above all else: search. Revenue in the search and other segment grew 12% from a year ago to roughly $63…
Taylor Riggs hosts Gecko Robotics co-founder and CEO Jake Loosararian to discuss the company’s expanded $300 million Navy contract. He explains how AI and robotics help outsmart adversaries and ensure warship readiness. A San Francisco startup reportedly posted a job offering $20 an hour to walk robot dogs through city streets as it works to…
Microsoft (MSFT) reported its first quarter earnings after the bell Wednesday, beating Wall Street’s expectations on the top and bottom lines. Microsoft stock rose more than 4% on the news. For the quarter, Microsoft saw earnings per share (EPS) of $4.89 on revenue of $92.28 billion. Analysts were projecting EPS of $4.73 on revenue of…
Amazon warehouse workers used to spend much of their days walking, pushing carts through long aisles to manually retrieve customer orders from shelves. Today, hundreds of “Hercules” robots do this instead, carrying towering yellow storage pods filled with inventory to employee workstations. “I’d walk like 10 miles a day on average,” said Mohammed Khan, who…
“I had sex with the wife of a Jewish billionaire heir, and I made her tell me the family secret of longevity,” a cartoon landscaper sings at the start of a recent online commercial for herbal supplements. That dense tangle of salaciousness, antisemitism, conspiracism and health anxiety is only the beginning. Over the next seven…
Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter If you ever wanted to own your own supercomputer or data center while earning eBay cashback, Core 4 Solutions has the perfect opportunity. The company is selling a 300-rack AI supercomputer on eBay for $59.7 million, complete with $50 overnight…
I guess it shouldn’t be surprising that this happens every so often, but it sure is kind of hilarious when it does. A Diamond Medallion’s shocking email response from Delta JonNYC flags how a Delta Diamond Medallion member emailed the carrier feedback about a negative experience. The response from Delta started with “here’s a more…