Latest about Tech Industry
Talent over tokens: AI models are becoming more expensive to run, and productivity gains are limited
Premium Token costs rise as the industry reckons with AI's impact on the workforce.
Samsung and SK hynix warn AI-driven memory shortages could last until 2027 and beyond, as HBM demand explodes
Samsung and SK hynix warn that severe AI-driven memory shortages could persist through 2027 as exploding HBM demand overwhelms supply, tightens the broader DRAM market, and fuels record profits
Google, Microsoft, Meta, and Amazon capex spending to hit $725 billion in 2026, up 77% from last year
Google, Amazon, Microsoft, and Meta collectively plan to spend $725 billion on capex in 2026, up 77% from last year's record $410 billion.
Victim of AI agent that deleted company's entire database gets their data back
An SaaS business got all its data back after its cloud data provider recovered critical databases that were ruthlessly wiped by an AI agent gone rogue.
Tennessee bans crypto ATMs that have become 'payment portal of choice for scammers'
Tennessee becomes the second state to ban crypto ATMs after its governor signs a bill into law restricting these machines starting July 1st.
Chinese GPU maker Cambricon's Q1 revenue hits $423 million as country's homegrown AI chip market accelerates
The results come as Chinese chipmakers continue to absorb market share from Nvidia.
Exploding number of AI data center build-outs delay Texas housing projects
Data centers pay 75% more and offer overtime and bonuses — something that home builders cannot afford.
Meta's multi-billion-dollar Graviton deal highlights intensifying CPU shortages in AI infrastructure
Premium Meta signed a multibillion-dollar, multi-year deal with Amazon Web Services last week to deploy tens of millions of Graviton5 CPU cores across AWS data centers.
