Alphabet soars with $96.43 billion revenue in Q2, beating expectations, and boosts investment in its booming Cloud business to $85 billion by 2025 amid surging demand.
IBM reports Q2 earnings exceeding estimates and raises full-year free cash flow outlook, but software revenue misses expectations and gross margin narrows, causing shares to dip as much as 6% in extended trading despite outperforming the S&P 500 significantly this year.
Alphabet shatters records with a staggering $96.4 billion Q2 2025 revenue, propelled by YouTube's $9.79 billion ad revenue and Cloud's $13.62 billion revenue, despite losses in its Other Bets segment.
GitHub revolutionizes app development with Spark, a groundbreaking natural language platform enabling developers to build and deploy intelligent full-stack apps effortlessly, leveraging large language models from multiple providers and offering seamless one-click deployments for Copilot Pro+ subscribers.
Google ramps up its 2025 capital expenditure forecast to a staggering $85 billion, a $10 billion increase from earlier projections, fueled by skyrocketing demand for its cloud services, leading to a massive $106 billion backlog and prompting accelerated data center construction and server investments.
Oracle and OpenAI massively expand their Stargate project with a 4.5 gigawatt data center capacity boost, promising over 100,000 new jobs and exceeding initial targets through strong partnerships and momentum.
Amazon's Kiro AI boosts developer productivity by generating user stories, design documents, task lists, and code from natural language inputs, enforcing structured planning ideal for complex enterprise projects.
AI developers with expertise in data infrastructure, system integration, prompt engineering, and strategic thinking are in high demand as companies seek to harness AI's business impact while ensuring safety and reliability.
Rust dominates compute performance, outpacing Go and Python, while Python reigns in AI/ML and rapid prototyping, and Go excels in cloud-native tooling and microservices, with Rust commanding top salaries, Python offering abundant jobs, and steady Go demand for cloud and DevOps roles.
Artificial intelligence's soaring energy needs from data centers are straining power grids, prompting utilities to rapidly build new gas and nuclear plants while regulators grapple with questions over subsidies and generation pathways to meet AI's insatiable electricity appetite.