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Big Tech

Page 10



Big Tech isn't letting up on AI spending despite growing impatience among investors concerned about how long it will take to pay off.









Mark Zuckerberg taking the fight to OpenAI and Google by pouring billions into Meta's open-source AI models shows his recent transformation is about more than improving his fashion sense.









With the AI capex boom showing no signs of stopping, many are asking when the revenue generated from the technology will follow. Sequoia Capital has labelled it as AI’s “$600 billion question”.












The tech giant has finally revealed its plans to add AI features to its products as it seeks to catch up to rivals. Whether the upgrades actually drive sales remains to be seen.



The Nasdaq hit a record high, Nvidia's market cap crossed US$3 trillion, and in Australia CBA also touched a fresh record. Yet even as scepticism grows, there are few signs the equities bull run is under threat.





OpenAI CEO Sam Altman has faced a raft of criticism in recent weeks, but his ability to push the company forward through a series of deals will help rebuild his reputation.


News Corp's mega-deal with OpenAI is a watershed moment for the media giant, but the long-term benefits and risks for the company and the wider news industry remain unclear.






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