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AI BusinessBig Tech Q2 Earnings to Test $725 Billion AI Spending Spree
Alphabet, Microsoft, Meta and Amazon report Q2 results in late July as investors ask whether $725 billion in AI capex is finally paying off in revenue.
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AI Business
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AI BusinessAI-Linked Layoffs Climb as 2026 Tech Job Cuts Top 120,000
AI-cited layoffs are rising sharply in 2026 as tech job cuts pass 120,000, while economists say reduced hiring of junior workers is the deeper impact.
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AI BusinessMeta's Louisiana AI Data Center Balloons to $50 Billion and 5 GW
Meta more than doubles its Hyperion data center in Louisiana to 5 gigawatts, pushing investment past $50 billion as the AI infrastructure race intensifies.
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AI BusinessAI Startups Grab 86% of Record $412.7B US Venture Haul
PitchBook data shows US venture funding hit a record $412.7 billion in H1 2026, with AI startups capturing 86% of all capital as megadeals dominate dealmaking.