Big tech companies like Microsoft, Google, and Amazon have been pouring massive amounts of money into AI. Over $600 billion has been spent between 2023 and this year alone. These companies started with strong financial positions, so the spending hasn't caused major issues yet. But the constant outflow of cash is starting to show. Their financial health might need a s...
South Korea's tech giants are stepping up their game at home. Samsung Electronics and Hyundai Motor have just announced major investment plans within the country. This comes right after a big trade deal with the U. S. , which has some people worried about investments flowing overseas. Samsung is putting a lot of money into a new chip production line in Pyeongtaek. T...
Mark Zuckerberg, the CEO of Meta, has been quietly making waves in the martial arts world. His dedication to Brazilian jiu-jitsu is no joke. He trains with top UFC fighters like Israel Adesanya and Max Holloway. This isn't just a hobby for him. He competes in local tournaments and trains with some of the best coaches around. Dana White, the UFC president, has notice...
Austin Nasso, a 30-year-old comedian, has an interesting story. He didn't always tell jokes for a living. He used to work at Microsoft as a software engineer. But he had a secret passion: standup comedy. He's been doing it for 12 years. In 2018, Austin and his friends started something called Tech Roast Show. It's a comedy show that makes fun of people in the tech w...
Kris Jenner's 70th birthday party was not your average celebration. It was a high-profile event that brought together some of the world's wealthiest individuals. The party took place at the luxurious Jack Werner estate in Beverly Hills, which was recently acquired by Jeff Bezos for a staggering $165 million. The evening was filled with martinis, music by Bruno Mars, ...
Meta, the company behind Facebook, is spending a ton of money on AI. The CEO, Mark Zuckerberg, said they will spend between $70 billion and $72 billion this year. That's a lot more than they thought they would spend before. Investors are not happy about this. They think Meta is spending too much money without seeing enough results. This made the company's stock price...
Character. AI is taking a big step back from letting teens chat freely with its AI. This move comes after some serious issues, like teens getting too attached to AI chatbots and even tragic events. The company is now focusing on making AI a tool for creativity rather than a friend. Teens have been using Character. AI to talk to AI chatbots as if they were real frien...
Amazon is making some big moves. They're cutting 14, 000 corporate jobs. That's about 4% of their workforce. Why? They want to streamline things and focus more on AI. It's a big shift, but it's not surprising. You see, Amazon has been under a lot of pressure lately. Investors want them to tighten their belts. They've been spending a lot, especially during the pandem...
The tech industry is changing fast, and not in a good way for young people who just got their coding degrees. A few years back, learning to code was a sure way to get a great job. But now, things are different. Many companies are using AI to do the work instead of hiring people. A recent study shows that jobs for young coders, especially those between 22 and 25, hav...
Nothing, the company known for its unique phones and earbuds, is launching a new budget phone called the Phone 3a Lite. The announcement came with a short teaser showing the bottom part of the phone, which has a blinking LED light. This new phone is expected to be cheaper than the Phone 3a and Phone 3a Pro, which were released last year. But the news that has fans u...