Amazon ups India bet with fresh $13B AI infrastructure investment
Amazon’s latest India investment comes as global tech companies race to expand AI infrastructure in the country.
AI
Ford had to hire back former engineers to fix mistakes made by its automated systems
To celebrate its new status as No. 1 in JD Power’s initial quality ranking among mainstream automakers, Ford is opening up about the challenges it has faced in recent years, especially around its reliance on automated systems in production and design. It turns out that those automated systems were not as robust as previously assumed, […]
Facebook’s Creator Studio has been revived as an AI companion app
Meta is bringing back the Facebook Creator Studio page manager, now “reimagined” as a standalone AI companion app. The new app aims to make it easier for creators to connect with their audiences and show them “exactly how to grow on Facebook,” according to Meta’s announcement. Meta’s AI Creator Assistant is a central focus of […]
Europe is pushing back on Washington’s chip war
As ASML CEO Christophe Fouquet told TechCrunch in May, what China can currently buy are older-generation deep ultraviolet tools — gear first shipped about a decade ago — the same machines the MATCH Act would now put off limits.
Former Infosys chief has a new startup that wants to challenge the IT services world
Backed by Mayfield and Aramco Ventures, Vishal Sikka’s new venture brings together veterans from SAP, Infosys, and VianAI.
AI was supposed to kill engineering jobs, but new data suggests they’re the most resilient
While AI dominates the layoff narrative, engineers are actually making up a larger share of new hires, according to SignalFire data.
The memory chip crunch is paying off for this US company
Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company’s profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.
Companies are scrambling to stop employees from maxing out AI budgets with small tasks
The tokenmaxxing era was brief. We now appear to be entering the era of token rationing.