Masayoshi Son says AI will cost $5tn a year by 2040, and calls bubble talk absurd
Masayoshi Son says AI will cost $5tn a year by 2040, and calls bubble talk absurd

“Every year $5 trillion, or 800 trillion yen, you might think that’s a lie, but I am confident that’s what it will cost.” That was Masayoshi Son on Tuesday, at SoftBank’s annual corporate conference in Tokyo, telling the room what building artificial i…

Thomson Reuters is cutting engineers and hiring AI-native ones
Thomson Reuters is cutting engineers and hiring AI-native ones

The meeting was a technology all-hands, held on Monday, and the phrase the company used afterwards was “a small number of roles”. The number an employee who attended gave to Reuters was up to 500. Thomson Reuters, the Canadian content and technology gr…

Nvidia builds a white list: more than half of its Asian customers are off it
Nvidia builds a white list: more than half of its Asian customers are off it

Nvidia has more than halved the number of customers in Asia cleared to buy its artificial intelligence chips, according to the Financial Times, which cited three people with knowledge of the matter. The company has built a new white list of approved re…

Twelve states are suing to stop the Paramount-Warner deal that Washington already waved through
Twelve states are suing to stop the Paramount-Warner deal that Washington already waved through

A dozen states have sued to block Paramount Skydance’s takeover of Warner Bros. Discovery. The suit, led by California attorney general Rob Bonta, was filed in federal court in California’s Northern District, CNBC reports. The timing is pointed. The Ju…

Google’s big Waze AI update includes a button that makes the app shut up
Google’s big Waze AI update includes a button that makes the app shut up

Google has given Waze a batch of new features, most of them powered by Gemini. The headline additions are a motorcycle mode, personalised routing, conversational map editing, and Gemini-powered destination search, The Verge reports. The most interestin…

EU to propose limits on children’s social media access, Ursula von der Leyen says
EU to propose limits on children’s social media access, Ursula von der Leyen says

The European Union will propose limits on children’s access to social media, Commission president Ursula von der Leyen said on Monday, hours after an expert panel she convened delivered its recommendations on how the bloc should shield minors from harm…

TCS bets on 8,900 AI deployment engineers to defend India’s IT services model
TCS bets on 8,900 AI deployment engineers to defend India’s IT services model

Tata Consultancy Services plans to build a team of up to 8,900 forward-deployed AI engineers and is looking for acquisition targets in AI and cybersecurity, chief executive K Krithivasan said. The move is India’s largest IT firm answering the question …

Netflix is reportedly considering always-on channels and bundles, which is to say, cable
Netflix is reportedly considering always-on channels and bundles, which is to say, cable

Netflix executives have reportedly discussed adding always-on live channels to the service. The channels would run genre-based programming around the clock, all comedies or all action films, according to a Wall Street Journal report relayed by The Verg…

Meta spent a year being punished for its AI spending. Then it told investors how it would get the money back.
Meta spent a year being punished for its AI spending. Then it told investors how it would get the money back.

Meta has had a miserable year on the market, flat while the Nasdaq-100 climbed 18%. That changed abruptly, with the stock posting its best week since early 2024, CNBC reports. Shares rose about 6% on Friday and roughly 15% across the week. The move was…

Amazon has cut 57,000 jobs, and the people who kept theirs are not fine either
Amazon has cut 57,000 jobs, and the people who kept theirs are not fine either

Amazon’s cuts have reached a scale that is hard to absorb. The company has laid off more than 57,000 corporate staff since 2022, around 16% of that workforce, CNBC reports. The pace has accelerated sharply. Roughly 16,000 people went in late January, t…