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The global demand for Artificial Intelligence (AI) is causing a huge spending surge. This spending is focused on underwater communication cables. Over 95% of international data traffic uses these subsea cables. They transmit everything from emails to financial transactions worldwide. Investment in new cable projects is booming. It is projected to reach about $13 billion…
The Motion Picture Association (MPA) sent a formal cease-and-desist letter to Meta. The MPA demands that Meta immediately stop using the “PG-13” movie rating for Instagram’s teen content filters. Meta recently announced that new settings for users under 18 would be “guided by PG-13” standards. The film trade group insists this claim is false and…
As Big Tech firms begin rolling out their latest earnings, analysts say capital expenditure (capex) is the number that could reveal the most about their future performance. Unlike past focus on revenue or profit alone, capex reflects how much companies are investing in data centres, chips and infrastructure—essential building blocks as the AI arms race…
In a bold shift across the AI industry, more than 20 leading researchers have left roles at OpenAI, Google DeepMind, and Meta to join Periodic Labs, a new startup aiming to blend artificial intelligence with scientific discovery. Periodic Labs emerged from stealth with a $300 million seed round, backed by prominent investors including Andreessen Horowitz,…
