Meta CEO Mark Zuckerberg announces massive AI spending will continue through 2026 with expenses exceeding 2025 levels, raising total expense forecast to $114-118 billion and investing $14.3 billion in AI startup Scale AI, sending shares soaring 12% after strong quarterly earnings beat expectations.
Amazon CEO Andy Jassy envisions delivering ads during conversations with AI assistant Alexa+, considering subscription tiers including an ad-free option as Amazon invests heavily in AI chips and data centers to power its AI models.
Meta's Reality Labs division posts a $4.53 billion operating loss in Q2 despite $370 million in sales, while EssilorLuxottica reports Ray-Ban Meta smart glasses sales more than tripled year-over-year in the first half of 2025.
Apple vehemently defends its iPhone principles, arguing the DOJ antitrust lawsuit 'fundamentally misunderstands' key features and seeks to 'attack' design choices, degrade privacy/security benefits, and eliminate consumer choice.
A federal judge rebukes Elon Musk and Sam Altman for 'gamesmanship' in their legal battle, striking down 16 of OpenAI's 55 defenses against Musk's racketeering lawsuit, underscoring escalating tensions between the tech titans amid OpenAI's internal challenges.
Elon Musk faces partial trial and compulsory testimony in a lawsuit against OpenAI over its transition to a for-profit company, as ruled by a judge.
Mark Zuckerberg, Meta CEO, unveils a bold plan to develop personal superintelligence for everyone, empowering individuals to harness the power of superintelligence towards their personal goals, diverging from industry's focus on AI automation.
AlphaEarth Foundations unveils a comprehensive digital twin of Earth's surface by integrating petabytes of data from satellites, radar, and climate simulations, enabling detailed mapping for ecosystem monitoring, agriculture, and more.
YouTube employs AI age estimation to extend safeguards for teens, providing age-appropriate experiences like disabling personalized ads and limiting repetitive content for users identified as under 18 based on viewing patterns and account signals.
Breaking news: U.S. GDP soars 3% in Q2 2025, exceeding projections, as Trump's tariffs slash imports by 30.3% while consumer spending climbs 1.4%; Trump pressures Fed for rate cuts, citing 'No Inflation!'