Loop

what the industry is reading

Live · refreshes automatically

Top story Microsoft rejects multibillion-dollar AI deal with UK's Nscale ahead of $35B IPO

The reported pullback from a UK AI infrastructure expansion clouds Nscale's planned IPO and signals Microsoft is scrutinizing its data center commitments.

full coverage →microsoftai-infrastructurenscale
Data center measures fail across the US as voters reject AI buildout in midterms

Nearly all of the more than 40 data center ballot initiatives were defeated, a rare bipartisan rebuke of AI infrastructure expansion.

full coverage →data-centersmidtermsai-infrastructure
OpenAI says it is ready to IPO in 2027, with majority of sales now from enterprises

OpenAI's enterprise-heavy revenue mix and 2027 IPO timeline mark a shift in how the company positions itself financially.

full coverage →openaiipoenterprise-ai
Google expands voluntary exit buyouts to five countries as AI spending fuels cost cuts

The buyouts come as Google redirects spending toward AI infrastructure and trims headcount in some markets.

full coverage →googlelayoffsai-spending
Apple cuts internal AI budgets for engineers as Ternus pushes cost control

Apple reduced some engineers' daily AI spending caps from $300 to $200 with further cuts planned, as R&D costs rise on AI and infrastructure.

full coverage →appleai-spendingcost-cutting
Google turns off AI Overviews and Gemini for K-12 students by default, then walks back school policy

Google tied AI Overviews to standard Search for schools, then partially backtracked after backlash from parents and educators.

full coverage →googleeducationai-overviews
Qualcomm stock drops 7% on weak forecast as memory shortage weighs on smartphone sales

Qualcomm beat on results but guided lower, while betting on data centers as smartphone demand weakens.

full coverage →qualcommsemiconductorsearnings
AMD posts record $13.4B quarter as data center revenue doubles and gaming falls 40%

AMD's AI-driven data center growth offset a steep decline in gaming, while deals with Meta and OpenAI reportedly cost it $1.1B.

full coverage →amddata-centersearnings
Apple says ChatGPT Search hits 20% of Google's query volume

OpenAI's claimed search share, if accurate, marks a significant inroad into Google's core search dominance.

full coverage →openaisearchgoogle
Nintendo's biggest ROM chip supplier Macronix exits to focus on AI data center chips

The supplier shift adds pressure to Switch cartridge production as memory and chip capacity pivots toward AI demand.

full coverage →nintendosemiconductorssupply-chain
Meta acquires AI coding startup Conductor

Conductor lets engineers orchestrate teams of AI agents working on different parts of a software project, boosting Meta's coding tooling.

full coverage →metaacquisitionsai-coding
Apple CEO says memory prices are 'unprecedented' as iPhone, Mac and iPad costs face pressure

Apple warned that soaring memory costs could keep climbing after recent device price hikes.

full coverage →applememoryhardware
OpenAI releases Images 2.6 and details AI pipeline that generated 948 Linux root exploits

The releases highlight OpenAI's push into image generation and security-focused AI research.

full coverage →openaiai-researchsecurity
Snap shares fall over 10% on third-quarter revenue miss

Snap missed on revenue and daily active users but said paid subscribers across Snapchat+ and other plans topped 30 million.

full coverage →snapearningssocial-media
The daily briefTop stories, once a day. Or build your own feed.