Microsoft reports a staggering $3.1 billion loss from its OpenAI investment as the AI giant burns through $11.5 billion in a single quarter, revealing massive financial struggles despite generating billions in annual revenue.
MediaTek sets ambitious goal to capture 10-15% of the $50 billion data center ASIC chip market, targeting $1 billion in cloud AI chip revenue by 2026 through partnerships with Nvidia on the GB10 Grace Blackwell Superchip.
Bevel secures $10M Series A funding from General Catalyst as the AI health companion reaches 100,000 daily users with 8x growth, offering $6 monthly software that unifies wearable data across sleep, fitness, and nutrition without requiring proprietary hardware.
Amazon surpasses Q3 earnings expectations with $1.95 per share and $180.17 billion revenue while AWS cloud division accelerates growth to 20.2%, prompting the company to boost 2025 capital spending to $125 billion even as it cuts 14,000 corporate jobs to streamline operations.
Figma acquires Tel Aviv AI startup Weavy for an undisclosed sum, rebranding it as Figma Weave to enhance its design platform with advanced AI-powered image and video generation capabilities using innovative node-based editing tools.
Google partners with Reliance to provide free AI Pro access including Gemini 2.5 Pro model, enhanced media generation tools, and 2TB cloud storage worth ₹35,100 to millions of Jio 5G users for 18 months, initially targeting ages 18-25 before nationwide expansion.
AI startup The Prompting Company secures $6.5 million in seed funding to help brands optimize their visibility in ChatGPT search results through specialized websites, as retailers brace for a 520% surge in AI chatbot traffic by 2025.
Apple crushes Q4 earnings with $102.47 billion revenue and $1.85 EPS, beating estimates as iPhone 17 demand reaches record highs with supply constraints driving expectations for the company's best December quarter ever.
Alphabet shares rocket 5% to record highs as Q3 revenue soars to $102.4 billion, driven by Google Cloud's explosive 34% growth to $15.2 billion amid surging AI demand that's pushing the tech giant to raise capital spending guidance to $92 billion for massive data center expansion.
Cognition unveils SWE-1.5, a breakthrough AI coding model with hundreds of billions of parameters that blazes at 950 tokens per second—13x faster than Sonnet 4.5—while delivering near state-of-the-art performance through advanced reinforcement learning and partnership with Cerebras infrastructure.