Homechevron_rightArchives

Archives

Explore Stories by Date

30 Apr 2026

Medical AI startup Aidoc raises $150M from Goldman Sachs and Nvidia, eyes IPO within five years

Medical AI provider Aidoc secured $150 million in a Goldman Sachs-led funding round, with participation from Nvidia's NVentures, General Catalyst, and SoftBank Investment Advisors. The company, which has now raised $520 million total, plans to use proceeds for regulatory approvals and building comprehensive AI models while targeting an IPO in three to five years.

2 Sources

29 Apr 2026

Alphabet's AI investment surge delivers as Google Cloud revenue jumps 63% amid $700B spending race

Alphabet reported first-quarter revenue of $94.7 billion, beating analyst expectations as Google Cloud grew 63% year-over-year to $20 billion. The results signal that massive AI investments across Big Tech are starting to pay off, even as combined spending approaches $700 billion in 2026. CEO Sundar Pichai revealed the company is compute constrained, with demand outpacing capacity.

17 Sources

Microsoft adds $25 billion to AI spending as chip costs surge and cloud demand accelerates

Microsoft is raising its 2026 capital expenditure to $190 billion, with $25 billion attributed to surging component costs driven by AI infrastructure demand. Despite spending $97 billion over the past four quarters to generate $37 billion in AI revenue, CFO Amy Hood says the company remains confident in returns as Azure revenue jumps 40% and Microsoft 365 Copilot reaches over 20 million paid seats.

5 Sources

Amazon Web Services posts fastest growth in 15 quarters as AI demand fuels cloud sales jump

Amazon Web Services saw net sales surge 28% year-over-year to $37.6 billion in Q1 2026, marking its fastest quarterly cloud growth since 2022. CEO Andy Jassy attributed the acceleration to soaring demand for AI services, while capital spending jumped to $44.2 billion as Amazon invests heavily in data centers and custom silicon to support AI infrastructure.

13 Sources

Big Tech AI spending surges past $725 billion as Meta, Alphabet and Microsoft raise forecasts

The biggest US tech firms now plan to spend up to $725 billion this year on AI infrastructure, with Meta, Alphabet, and Microsoft all raising their capital expenditure guidance. Meta increased its spending ceiling to $145 billion, citing higher memory costs, while investor skepticism sent its stock down 6% despite strong revenue growth.

24 Sources

Dreame's AI Smart Fridge Features Robotic Arm and Personalized Nutrition Tracking

Dreame showcased its N1 Refrigerator concept at a San Francisco event, featuring a robotic arm that organizes groceries, AI food recognition with 97% accuracy, and health data integration. The smart fridge can scan fingerprints and sync with wearables to offer personalized nutrition advice, but raises privacy concerns about biometric data collection.

2 Sources

Blackstone creates dedicated AI division to manage OpenAI, Anthropic investments

Blackstone is launching Blackstone N1, a West Coast-based division focused exclusively on AI and high-growth technology investments. Led by veteran executive Jas Khaira, the new unit will oversee the firm's AI portfolio including OpenAI, Anthropic, and CoreWeave, while serving as a centralized AI resource across Blackstone's $1.3 trillion operations.

2 Sources

PayPal reveals merchants aren't ready for AI shopping agents reshaping commerce

PayPal's first U.S. Agentic Commerce survey shows 95% of merchants already track AI shopping agent traffic, but only one in five have structured their catalogs for machine-readable formats. The disconnect highlights a critical infrastructure gap as AI-powered shopping experiences evolve faster than merchant systems, prompting PayPal's expanded partnership with BigCommerce to bridge the divide.

2 Sources

Drone strikes on data centers force Big Tech to pause Middle East AI infrastructure projects

A major data center developer has halted all Middle East investments after Iranian drone and missile strikes damaged facilities across the Gulf region. Pure Data Centre Group paused projects following shrapnel damage to its Abu Dhabi campus, while Amazon Web Services lost an estimated $150 million after waiving customer charges for an entire month. The attacks are forcing tech companies to rethink trillion-dollar plans for AI and cloud infrastructure in the region.

2 Sources

Google Photos AI Feature Turns Your Photo Library Into a Digital Wardrobe Like Clueless

Google Photos is launching an AI-powered Wardrobe feature that scans your photo library to create a digital closet of your clothing and accessories. The tool, inspired by Cher's iconic virtual wardrobe from Clueless, lets you mix and match outfits, create mood boards, and virtually try on items. Rolling out to Android this summer, followed by iOS.

14 Sources

Gemini now generates files directly in chat, supporting PDF, Word, Excel and LaTeX formats

Google's AI chatbot Gemini has rolled out a feature that allows users to generate downloadable files directly in the conversation. The update supports multiple formats including PDF, Microsoft Word, Excel, Google Docs, LaTeX, and Markdown, eliminating the need to copy, paste, and reformat AI-generated content manually.

14 Sources

Alphabet faces investor pressure over AI tech and government surveillance safeguards

Investors managing $1.15 trillion are demanding Alphabet explain how it controls cloud and AI tech used for government surveillance. The push comes after the tech giant rejected a shareholder resolution seeking greater transparency. Concerns center on militarization of cloud services, revised AI Principles, and contracts like the $1.2 billion Project Nimbus deal.

2 Sources

Google TV adds AI features with Nano Banana, Veo, and YouTube Shorts on home screen

Google announced a major update to Google TV, introducing AI-powered features including Nano Banana for image generation and Veo for video creation. The update also brings YouTube Shorts directly to the home screen, transforming TVs into creative hubs. New Gemini capabilities enhance Google Photos search and editing, starting with TCL TVs in the U.S.

7 Sources

Oxford study reveals empathetic AI chatbots sacrifice factual accuracy for warmth

Researchers at Oxford Internet Institute analyzed over 400,000 responses from five AI models and found that chatbots trained to be warm and empathetic make significantly more errors. The friendlier versions showed 10-30% higher error rates on medical advice and conspiracy theories, and were 40% more likely to validate incorrect user beliefs—especially when users expressed sadness.

8 Sources

Claude gets Malwarebytes scam detector that checks suspicious links before you click

Malwarebytes has launched a free connector for Claude that detects potential scams in real-time. The integration allows users to check suspicious links, phone numbers, email addresses, and text directly within their Claude conversations. With 66% of people struggling to identify scams, this tool provides instant verdicts and guidance without requiring a Malwarebytes account.

2 Sources

Get all updates into your inbox 💌, Stay Up-to-date for Free 🥳

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Follow topics that matter to you and stay ahead.

Explore

News Categories

Technology Business Policy Startups Health Science Entertainment

Terms Privacy Content Contact Us