Latest about Big Tech
Supermicro fires several employees following investigation into $2.5 billion China AI chip smuggling
The company's senior management was apparently unaware that billions of dollars' worth of hardware was being sent to questionable clients.
Oracle plans more layoffs weeks after spending most of its $2.1 billion restructuring budget, report claims
Oracle plans to cut more jobs this month, with reductions on some teams reaching double-digit percentages.
‘Apple is getting this wrong,’ says OpenAI
OpenAI denies Apple's allegations in a blog post. The company claims that it doesn't have and even doesn't want its rivals trade secrets.
SpaceXAI says it will remove all 69 of its unpermitted turbine power generators, but expects process to take a year
Why would it take a year to remove mobile turbines?
Gem Mint signed 1983 Steve Jobs business card opens at $70,000
This rare business card is currently on RR Auction, with a previous example going for $180,000 just a couple of years ago. It's graded Gem Mint 10, meaning it's as perfect as it can get.
Big tech spends more than $1 trillion on AI infrastructure
Would these massive investments return an even greater profit?
Alphabet goes cash flow negative for the first time, as AI capex surges to a staggering $44.9 billion in a single quarter
Premium On the same day, CFO Anat Ashkenazi raised full-year capex guidance to between $195 billion and $205 billion.
AI tech companies have ‘hidden debt’ worth around $1.65 trillion, report claims
Mostly data center investments
