Figma acquires Tel Aviv AI startup Weavy for an undisclosed sum, rebranding it as Figma Weave to enhance its design platform with advanced AI-powered image and video generation capabilities using innovative node-based editing tools.
Amazon surpasses Q3 earnings expectations with $1.95 per share and $180.17 billion revenue while AWS cloud division accelerates growth to 20.2%, prompting the company to boost 2025 capital spending to $125 billion even as it cuts 14,000 corporate jobs to streamline operations.
Alphabet shares rocket 5% to record highs as Q3 revenue soars to $102.4 billion, driven by Google Cloud's explosive 34% growth to $15.2 billion amid surging AI demand that's pushing the tech giant to raise capital spending guidance to $92 billion for massive data center expansion.
Corporate travel company Navan crashes 20% in its Nasdaq debut despite raising $6.2 billion in its IPO, even as the firm boasts $613 million in revenue and major clients like Zoom and OpenAI.
Alphabet shatters records with $102.35 billion quarterly revenue, marking the first time the tech giant crosses $100 billion while Google Cloud surges 35% to $15.15 billion amid explosive AI demand, prompting the company to boost 2025 infrastructure spending to up to $93 billion.
Microsoft crushes Q1 earnings with $77.67 billion revenue and 40% Azure growth, but stock tumbles 4% as company forecasts accelerated capital spending and absorbs a massive $3.1 billion OpenAI investment hit despite maintaining its $135 billion stake in the AI giant.
Meta shares crash 9% despite crushing earnings expectations as the tech giant absorbs a massive $15.9 billion tax hit from Trump's new tax legislation while simultaneously ramping up AI spending with capital expenditures jumping to $70-72 billion for 2025.
Alphabet shares surge 5% as Q3 revenue soars to $102.4 billion, crushing Wall Street's $99.85 billion expectations, driven by Google Cloud's explosive 34% growth to $15.2 billion from AI demand and major partnerships with OpenAI and Meta.
Major technology companies are using non-disclosure agreements with local governments across 14 states to secretly develop AI data centers, preventing residents from knowing who is building in their communities and sparking revolts in places like Missouri and Arizona where transparency-starved citizens are enacting construction bans over concerns about utility costs …
Delaware's Attorney General approves OpenAI's corporate restructuring after year-long negotiations, allowing the AI company to become a public benefit corporation while preserving nonprofit oversight that can halt dangerous AI releases and force directors to prioritize safety over profits.