BusinessSnowflake raises outlook, highlights AI-driven growth and signs $6B Amazon dealSnowflake reported stronger-than-expected results and raised its product-revenue outlook, signaling resilience in the software sector despite concerns about AI disrupting business models.2 min read
BusinessWix.com to Cut 20% of Workforce Citing Currency and AI PressuresWix.com announced it will lay off roughly 20% of its staff — over 1,000 employees — due to financial pressures from a strengthening shekel and rapid developments in artificial intelligence.1 min read
BusinessAllegations: OpenAI routes premium users to lower-tier models under loadUsers and traces this week indicate that OpenAI has been routing paid ChatGPT sessions to lower-capacity models during high load without UI notification.2 min read
BusinessMeta launches paid Meta One subscription tiers for Instagram and FacebookMeta introduced global paid subscription tiers under the Meta One brand for Instagram and Facebook, including two Meta AI plans at $7.99 and $19.99 and a Creator Pro tier at $49.99.2 min read
BusinessMeta rolls out paid consumer tiers and pilots AI-focused business subscriptionsMeta has launched paid consumer subscription tiers for Instagram, Facebook and WhatsApp globally and begun testing AI-centered business subscriptions under the Meta One brand.3 min read
BusinessSnowflake raises outlook as enterprise AI spending and AWS deal boost revenueSnowflake raised its annual product-revenue forecast after enterprise customers increased AI-related spending and migrated more data workloads to its cloud platform.2 min read
BusinessDropbox founder Drew Houston to leave CEO role to pursue new AI ventureDrew Houston is stepping down as CEO of Dropbox after 19 years and will be succeeded by product chief Ashraf Alkarmi.2 min read
BusinessMicron briefly reached $1 trillion market value as AI-driven memory demand surgesMicron Technology’s market capitalization briefly surpassed $1 trillion after a 19% single-day jump, joining Samsung in the group of memory makers at that valuation.2 min read
BusinessNvidia plans up to $150 billion a year in Taiwan and opens Taipei hubNvidia announced plans to spend as much as $150 billion annually in Taiwan and to open a new regional center in Taipei, with construction starting this year and expected to open in 2030.2 min read
BusinessMicron Joins $1 Trillion Club as UBS Lifts Price Target SharplyMicron Technology's shares jumped 18% on Tuesday, pushing the company's market value above $1 trillion for the first time after UBS raised its price target from $535 to $1,625.2 min read
BusinessNvidia's $200bn CPU market estimate includes China, says Jensen HuangNvidia CEO Jensen Huang told reporters in Taipei that the company's $200 billion estimate for the central-processor market covers China as well, and that demand there remains significant despite US–China tech tensions.2 min read
BusinessBank of America strategist warns SpaceX and OpenAI IPOs could raise bubble riskMichael Hartnett of Bank of America warned that planned IPOs by SpaceX and OpenAI could push technology’s weight in equity indices to levels exceeding past market bubbles.2 min read
