The ROI Paradox: AI’s $3 Trillion Question
Generative AI is consuming money and attention at a pace no technology has matched before. Global infrastructure spending reached 235 billion dollars in 2024, with forecasts of 2.8 trillion dollars b...
Alphabet Prepares to Sell Life Sciences Unit Verily
Alphabet has been preparing for two years to sell its life sciences unit, Verily, a company executive told a court Thursday (Oct. 2).
Testifying as a defense witness in the Justice Departme...
Yahoo Finds AOL Buyer as Dial-Up Internet Dies Off
AOL’s owner has reportedly found a buyer for the one-time internet service titan.
Yahoo, backed by private equity firm Apollo Global Management, is in advanced discussions to sell AOL to ...
Cost Increases and AI Contribute to ‘Stagnating Labor Market’
As of the end of September, this year has seen the highest number of job cuts since 2020 and the lowest amount of planned hiring since 2009, Challenger, Gray & Christmas said Thursday (Oct. 2).
...
AI-Powered Translation Platform DeepL Considers US IPO
Germany-based DeepL, which provides an artificial intelligence-powered translation platform, is reportedly considering an initial public offering in the United States.
The company has talke...
Did Meta’s Momentum Push Apple to Scrap Its Vision Pro Overhaul?
Apple is pausing development of its next Vision Pro headset and shifting engineers toward smart glasses, according to Bloomberg. The move reflects the company’s recognition that lightweight eyewear ...
