Google Cloud capitalizes on the AI surge, amassing a staggering $106 billion backlog as customers flock to its AI services, fueling billions in revenue through consumption-based pricing and subscriptions, with over 50% expected to materialize within two years.
F5 acquires CalypsoAI for $180 million, strengthening its AI security offerings with CalypsoAI's real-time threat defense and data security products for AI workloads; the cash-financed deal is expected to close this month.
Pennsylvania emerges as an AI powerhouse, with Governor Shapiro embracing AI as a job enhancer, major companies investing heavily, and the state partnering to drive innovation and growth in this cutting-edge field.
Modal Notebooks offers a blazing-fast collaborative environment for high-performance interactive computing, with cold-start in under 5 seconds, scalable up to 256 vCPUs and 8 H100/B200 GPUs, enabling real-time collaboration, seamless editing, and interactive app sharing.
NVIDIA reports staggering $46.7 billion Q2 revenue, up 56% year-over-year, with Gaming revenue at $4.3 billion and Data Center revenue soaring, forecasting $54 billion for Q3 fiscal 2026 amid continued strong demand.
Major tech giants hemorrhage Gen Z talent as AI disrupts entry-level roles, stifling innovation and forcing young workers to pivot career paths, prioritizing AI skills and freelancing.
AI automating travel charges like rental car damage fees, hotel bills, and airline pricing raises accuracy concerns as systems make errors, lack oversight, and unfairly charge customers, prompting calls for documentation and disputing erroneous charges.
AI pioneer Geoffrey Hinton warns of imminent mass job losses and skyrocketing corporate profits due to AI advancements, attributing the economic upheaval to capitalism rather than AI itself, as early signs of AI displacing entry-level jobs emerge.
Scale AI's former CTO Arun Murthy unveils Isotopes AI with $20 million seed funding, debuting AI agent Aidnn that solves data access challenges for business managers by gathering information from diverse sources to provide answers and draft complex planning documents.
Massive investments by tech giants into AI data centers are driving U.S. economic growth, with spending on AI infrastructure surpassing consumer spending and nearing 2% of GDP, diverting capital from other sectors like venture capital and manufacturing.