The European Commission does not think that imposing a network fee on Big Tech companies is a viable solution to the debate over who should fund the rollout of 5G and broadband, a spokesman for the EU executive said on Thursday. The issue pits Deutsche Telekom, Orange , Telefonica and Telecom Italia against Alphabet’s Google, […]
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Apple CEO Tim Cook signaled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building more data centers or buying a larger player in the segment, a departure from a long practice of fiscal frugality. Apple has struggled to keep pace with rivals such as […]
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Big Tech is spending more than ever on artificial intelligence – but the returns are rising too, and investors are buying in. AI played a bigger role in driving demand across internet search, digital advertising and cloud computing in the April-June quarter, powering revenue growth at technology giants Microsoft, Meta, Amazon and Alphabet . Betting […]
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Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its massive bets on artificial intelligence. Shares of the software company rose 9% in extended trading after it said Azure sales surpassed $75 billion […]
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Google has rolled out Web Guide, a new experimental feature that organises the Google Search results page using artificial intelligence. The company claims the feature makes it simpler to locate online pages and information. Web Guide will be available only to users who participate in the Search Labs experiment. Those users can click on the […]
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Alphabet was targeted with an EU antitrust complaint from six human and digital rights groups on Thursday which urged EU regulators to investigate whether the tech giant complies with legislation requiring it to make it easier for users to uninstall software apps. The EU’s Digital Markets Act (DMA), which took effect two years ago, sets […]
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The European Commission will not ask Alphabet, Amazon, Apple , ByteDance, Meta Platforms and Microsoft to pay the cost of monitoring their compliance with a new digital law, the EU tech chief said on Wednesday. Germany and European Parliament lawmakers have lobbied for a supervisory fee to be levied on Big Tech to help EU […]
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OpenAI’s ChatGPT is seeing global adoption at an unprecedented rate. The Microsoft-backed startup has said that it now receives 2.5 billion prompts from users around the world every day, with more than 300 million of those prompts coming from users in the US, according to a report by Axios. This 2.5 billion figure translates to […]
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Microsoft will likely sign the European Union’s code of practice to help companies comply with the bloc’s landmark artificial intelligence rules, its president told Reuters on Friday, while Meta Platforms rebuffed the guidelines. Drawn up by 13 independent experts, the voluntary code of practice aims to provide legal certainty to signatories. They will have to […]
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Artificial intelligence startup Cognition AI on Monday agreed to acquire Windsurf, an integrated development environment platform, strengthening its position in the rapidly evolving enterprise software market. The deal follows Google’s $2.4 billion deal with Windsurf last week aimed at acquiring top talent and securing licensing rights to its technology. The deal with Google marks a […]
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