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Amazon cuts AGI jobs while pouring $200 billion into AI infrastructure

Amazon AGI layoffs in July 2026 eliminated model customization and post-training roles as the company pivots toward ...
Moneyweb

Alphabet’s $205bn spending target fuels AI cost concerns

Shares fell as much as 5% in late trading on the guidance. It was a reminder that the full cost of Silicon Valley’s AI ...

Oracle severed 21,000 employees during an AI spending spree, then hit a $7 billion Wisconsin power hurdle

The company’s ambitions helped weaken its credit rating, leaving Oracle one notch above junk status and facing a massive ...
The Next Web

Big Tech’s AI spending is catching up with its cash flow

Combined AI capex at the biggest cloud firms is set to overtake the cash their core businesses generate, and free cash flow is feeling it first.

Iran-US war latest: Rubio claims Tehran is ‘begging for a deal’ as Houthis strike Saudi tankers in Red Sea

The war in Iran and the blockade of the Strait of Hormuz are set to dominate the Manila meetings attended by US secretary of ...
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Ventas delivers modest Q4 earnings beat, issues strong guidance

Ventas (VTR) delivered solid Q4 earnings and revenue and guided for 2026 earnings above the consensus estimate as occupancy of its senior housing portfolio climbed over the past year. The healthcare ...