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Technology News

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Meta's AI Spending Faces Wall Street Test

Meta's AI spending is under intense scrutiny after a softer outlook. MoffettNathanson analyst Michael Nathanson explains why investors no longer want promises—they want proof. Michael Nathanson joins Bloomberg Open Interest to break down Meta's unclear AI infrastructure strategy, the risk of massive capex, and why the company's metaverse history is making Wall Street far less patient this time. Correction: This video has been edited to update a graphic with correct analyst disclosures. (Source: Bloomberg)

2026-07-30 15:24 | Bloomberg

Xbox tech boss says 'unacceptable' outage should not have affected disc games

Xbox tech boss says 'unacceptable' outage should not have affected disc games

The outage meant Xbox users had trouble signing into their accounts, seeing their game library and launching games

2026-07-30 14:53 | BBC

Mark Zuckerberg Blasts Centralization of A.I. Power

Mark Zuckerberg Blasts Centralization of A.I. Power

In an interview with The Times, Meta’s chief executive took aim at Anthropic and OpenAI, which have pushed to tightly control A.I. development, and said he supported “more openness.”

2026-07-30 14:08 | Nytimes

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Bargain AirfaresAre Under Threatfrom AI Pricing

The days of stumbling across a cheap seat on a popular flight may soon be over. K. Oanh Ha explains how airlines are adopting AI to squeeze more revenue from every flight. (Source: Bloomberg)

2026-07-30 15:22 | Bloomberg

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When A.I. Invaded ‘Heated Rivalry’ Fan Fiction, the Meltdown Was Epic

An anonymous X account posted a detailed breakdown of chatbot text in 38 popular stories inspired by the hockey romance. The fandom spiraled.

2026-07-30 11:03 | Nytimes

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Google Unveils Gemini AI for Robots Struggling With Dexterity

Alphabet Inc.’s Google DeepMind unveiled a new artificial intelligence model for robots that allows humanoid machines to coordinate movements across their entire bodies, marking its latest effort to extend its Gemini AI technology to allow robots to reason, plan multi-step tasks and adapt to human environments.

2026-07-30 15:00 | Bloomberg

A Bay Area Pastor Made an A.I. Twin to Talk About God at Any Time

A Bay Area Pastor Made an A.I. Twin to Talk About God at Any Time

To meet the growing needs of his church, Justin Lester created an A.I. duplicate of himself. Every day he sees more people using it.

2026-07-30 10:59 | Nytimes

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Oracle (ORCL) Stock Jumps as Google Gemini AI Partnership Expands

Oracle Corp. gained more than 8% after saying it would expand a partnership with Google Cloud to bring Gemini artificial intelligence tools to its business customers.

2026-07-30 14:16 | Bloomberg

Mistaken Username Sent Man to Prison for 18 Months, Court Finds

Mistaken Username Sent Man to Prison for 18 Months, Court Finds

An appeals court in Canada acquitted Brandon Klayme of child pornography-related charges. His Kik username had one less underscore than another account that was involved.

2026-07-30 09:03 | Nytimes

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Iconiq Backs Satellite Startup K2 Space at $6.8 Billion Value

Startup K2 Space, which builds large satellites for high-power tasks like data-heavy communications and defense missions, has raised $500 million in a new round of funding, the company plans to announce Thursday.

2026-07-30 13:00 | Bloomberg

Apple’s Siri Got an A.I. Brain Transplant. Try These 5 Prompts to Get Acclimated.

Apple’s Siri Got an A.I. Brain Transplant. Try These 5 Prompts to Get Acclimated.

An upgrade transformed the beleaguered virtual assistant into a modern chatbot. It’s imperfect but worth trying.

2026-07-30 09:03 | Nytimes

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Strategy Shores Up Liquidity as Bitcoin Faithful Wait on Rebound

After a five-week pause on Bitcoin purchases, Strategy Inc. investors are left wondering what’s next for the largest buyer of the cryptocurrency following a tumultuous period.

2026-07-30 12:20 | Bloomberg

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Meta Reports $279 Billion in Future Data Center Leases for AI

Meta Platforms Inc. said it has $279 billion in future lease agreements mostly related to artificial intelligence data centers that are not yet reflected on its balance sheet.

2026-07-30 12:05 | Bloomberg

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US Stock Futures Today: Chipotle, Crocs, Meta, Microsoft, Starbucks

S&P 500 Index futures rise 0.7% as of 7:50 a.m. in New York as results from Microsoft boost sentiment for the tech sector.

2026-07-30 11:55 | Bloomberg

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European Banks Want a Slice of AI Profits, But Less of the Risk

Europe’s top banks want to earn more from the debt-fueled artificial intelligence boom, while seeking ways to limit and offset exposures to the red-hot sector.

2026-07-30 11:40 | Bloomberg

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US Stocks Rally With Boost From Microsoft’s Surge; Chips Jump

US stocks rose at the open on Thursday as Microsoft Corp. soared 16% after reporting the fastest cloud unit growth in four years. Top semiconductor companies, like Micron Technology Inc. and Nvidia Corp., gained as well.

2026-07-30 11:32 | Bloomberg

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EU Pledges €10 Billion in Public Funding for New AI Data Centers

The European Union invited companies to apply to build as many as seven artificial intelligence data centers in Europe backed by public funds, furthering the bloc’s closely-watched plan to cut its reliance on overseas technology.

2026-07-30 11:11 | Bloomberg

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Meta CEO Mark Zuckerberg Fails to Fill In The Details on an AI Cloud Business

Investors and analysts are still waiting for the Meta CEO to give details of a new AI business

2026-07-30 11:02 | Bloomberg

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Nscale to Buy AI Software Startup Anyscale for $1.65 Billion

Cloud provider Nscale agreed to acquire software startup Anyscale to help customers use AI computing power more efficiently.

2026-07-30 11:00 | Bloomberg

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CityFibre Said to Raise £900 Million to Challenge Openreach

CityFibre Ltd., the UK’s largest independent fiber challenger to incumbent BT Group Plc’s Openreach, is set to raise £900 million ($1.2 billion) from its shareholders, according to a person familiar with the matter.

2026-07-30 09:40 | Bloomberg

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Apple’s Earnings Will Test Stock’s Status as the AI Safety Play

Wall Street’s sudden aversion to AI spending has made Apple Inc. this year’s Big Tech stock market star. But the iPhone maker’s earnings after the close Thursday could remind investors of the hurdles it still faces.

2026-07-30 08:50 | Bloomberg

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ChatGPT, Roblox to Fall Under Strictest EU Digital Rules

OpenAI’s ChatGPT and video game company Roblox Corp. will be subject to stricter scrutiny and monitoring requirements under the European Union’s content moderation rules after surpassing a threshold of 45 million monthly users in the bloc.

2026-07-29 22:00 | Bloomberg

Tech Life

Tech Life

What do we need to know about agentic AI?

2026-07-28 20:00 | BBC

Meta’s Profit Falls 14 Percent as A.I. Spending Continues

Meta’s Profit Falls 14 Percent as A.I. Spending Continues

The Silicon Valley company’s costs rose more steeply than revenue growth, as it continues to invest heavily in artificial intelligence.

2026-07-29 23:17 | Nytimes

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Meta Falls After Defending AI Bets to Skeptical Investors

Meta Platforms Inc. gave a disappointing quarterly revenue forecast, stepping up pressure on Chief Executive Officer Mark Zuckerberg to allay investor concerns that the company isn’t swiftly benefiting from its massive outlay on artificial intelligence. The stock fell.

2026-07-29 20:11 | Bloomberg

Some people's chats with Claude AI found to be publicly available online

Some people's chats with Claude AI found to be publicly available online

Hundreds of conversations with Anthropic’s chatbot were discovered as being publicly accessible.

2026-07-28 07:10 | BBC

Microsoft Increases Spending on A.I. as Profit Jumps 31%

Microsoft Increases Spending on A.I. as Profit Jumps 31%

Like other big technology companies, Microsoft is hoping its aggressive spending on artificial intelligence is starting to translate into revenue.

2026-07-29 23:10 | Nytimes

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Microsoft’s Shares Surge on Fastest Cloud Growth Since 2022

Microsoft Corp. shares soared after the company reported the fastest cloud growth in four years, suggesting its AI and computing services are making inroads with customers.

2026-07-29 20:10 | Bloomberg

Why budding birders are flocking to Shazam-like apps to identify avians

Why budding birders are flocking to Shazam-like apps to identify avians

Birdwatchers tell the BBC how apps have changed their lifelong hobby - and attracted new birders.

2026-07-27 07:53 | BBC

A.I. Companies Are Recruiting Electricians and Carpenters by the Thousands

A.I. Companies Are Recruiting Electricians and Carpenters by the Thousands

The future of artificial intelligence depends on finding more skilled humans for some very physical jobs.

2026-07-29 20:34 | Nytimes

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Arm Earnings Leave Investors Unmoved Despite Topping Estimates

Arm Holdings Plc shares jumped after the company showed signs of fast growth in its data-center business, signaling its push into the hot segment is bearing fruit.

2026-07-29 20:09 | Bloomberg

Warning shot or publicity stunt - how worried should we be about the OpenAI hack?

Warning shot or publicity stunt - how worried should we be about the OpenAI hack?

Hugging Face said the hack was done at superhuman speed by an AI with little or no human guidance.

2026-07-25 10:14 | BBC

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