AI
Apple reportedly cut its engineering teams' daily AI spending cap from $300 to $200 in October, with some allowances heading to $100 a day and non-engineering limits possibly as low as $25.
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No phones and 13 stories for “Big Tech”
AI
Apple reportedly cut its engineering teams' daily AI spending cap from $300 to $200 in October, with some allowances heading to $100 a day and non-engineering limits possibly as low as $25.
AI
US tech giants' hidden AI-related debt has nearly doubled in six months to roughly $3.2 trillion, reaching about 80% of their assets, according to Nikkei. Investors are growing uneasy.
AI
S&P Global Ratings lowered Meta's outlook from stable to negative, flagging uncertainty over its AI spending and first-ever negative free cash flow. Meta disagrees and says its credit profile remains strong.
AI
Big Tech plans over $740 billion in AI infrastructure spending this year, but negative free cash flow, record debt and a sharp market selloff are testing investor patience.
Tech
Trump said he asked Google CEO Sundar Pichai to rename the Atlantic Ocean on Google Maps, but Pichai pushed back, saying "Oceans are different, sir."
AI
Anthropic reported a net loss of over $80 billion in the first half of 2026, one of the largest in tech history, but the Claude maker is still growing, according to Reuters and Notebookcheck.