Michael Burry places $1 billion bet against AI giants Nvidia and Palantir as tech stocks plummet and Goldman Sachs and Morgan Stanley CEOs predict a major 10-20% market correction within two years amid AI bubble concerns.
Major corporations abandon multi-million dollar consulting contracts as AI automation replaces expensive human analysts from McKinsey, Deloitte, and Accenture, forcing the entire consulting industry to reinvent itself or face obsolescence.
Amazon demands Perplexity remove its Comet AI shopping bot from the platform, sparking a legal battle that could determine whether AI agents must identify themselves when browsing e-commerce sites and how companies control automated access to protect their advertising revenue.
Nvidia and Deutsche Telekom unveil a massive €1 billion AI factory in Munich featuring over 1,000 DGX B200 systems and 10,000 Blackwell GPUs, set to boost Germany's AI computing power by 50% when it launches in early 2026.
IBM cuts nearly 3,000 jobs in fourth quarter as tech giant accelerates shift toward AI automation, following previous replacement of 200 HR positions with artificial intelligence agents while maintaining overall U.S. employment levels.
ClickUp unveils version 4.0 featuring AI assistants that proactively answer questions and automate tasks like scheduling, while crossing $300M in revenue and preparing for IPO within two years as it challenges Slack and Notion with its unified workspace platform.
Amazon launches construction of Fastnet, its first wholly-owned subsea fiber-optic cable stretching from Maryland to Ireland with massive 320 terabits per second capacity capable of streaming 12.5 million HD movies simultaneously, set to go operational by 2028.
Andreessen Horowitz shuts down its $175,000 Talent x Opportunity Fund that supported over 60 underserved founders since 2020, laying off at least three staff members as the firm integrates diversity efforts into its broader investment strategy.
Stability AI scores major victory against Getty Images as British judge dismisses copyright infringement claims in landmark AI case, dealing blow to creative industry's legal battle against tech companies using copyrighted material to train artificial intelligence systems.
Global data center electricity consumption races toward nearly doubling by 2030 as AI-driven servers surge with 30% annual growth, with the US and China commanding 80% of this massive energy expansion that will consume 3% of world electricity.