Amazon CEO Andy Jassy promotes 27-year company veteran Peter DeSantis to head a newly formed AI division encompassing Nova models, silicon development, and quantum computing as longtime Alexa chief Rohit Prasad announces his departure.
Allen Institute for AI launches Bolmo, revolutionary language models that process raw UTF-8 bytes directly without tokenizers, offering superior multilingual capabilities and handling of text errors through innovative 'bytefying' technology that transforms existing models cost-effectively.
AI infrastructure giants Broadcom, Oracle, and CoreWeave stocks continue plummeting as investors panic over massive spending and questionable returns, with Oracle's debt soaring to dangerous 500% levels despite Broadcom projecting doubled AI chip sales to $8.2 billion.
Google Labs unveils CC, an experimental AI agent powered by Gemini that integrates Gmail, Calendar, and Drive to automatically deliver personalized daily productivity briefings with schedule summaries, task updates, and pre-drafted emails to users' inboxes each morning, now available in early access for U.S. and Canadian subscribers.
House advances SPEED Act in narrow 215-209 vote to fast-track AI infrastructure permits for tech giants like OpenAI and Meta, while facing Republican infighting over presidential powers and environmental review reforms that slash lawsuit challenge periods from six years to just 150 days.
U.S. unemployment climbs to 4.6% as the economy loses 105,000 jobs in October amid massive federal workforce cuts of 162,000 positions driven by Elon Musk's government efficiency program, while wage growth stagnates at just 0.1% in November.
Databricks secures massive $4 billion funding round at $134 billion valuation, reporting explosive 55% growth to reach $4.8 billion revenue run rate that nearly matches rival Snowflake's performance.
Consumer AI startups face mass extinction as tech giants absorb their features into platforms, with venture capitalists warning the industry needs stabilization before breakthrough apps emerge, potentially requiring entirely new devices beyond smartphones to unlock AI's full consumer potential.
Sequence secures $20 million in Series A funding to develop AI agents that automate revenue operations for B2B companies, targeting finance teams struggling with spreadsheets and rigid tools when processing complex software contracts and custom deals.
Meta launches groundbreaking smart glasses update that amplifies conversations in noisy environments and automatically plays matching Spotify music based on what users see, rolling out across 20 global markets.