Meta’s massive AI investment strategy exposes growing pressure over computing costs

Meta’s aggressive expansion into artificial intelligence is highlighting a growing challenge for the technology giant: how to balance the enormous cost of building AI infrastructure with investor expectations for stronger financial returns. The company behind Facebook and Instagram has committed billions of dollars to expanding its......

Amazon and Walmart AI tools detect false ‘Made in USA’ claims but fail to act, study finds

A new study has raised concerns over the role of artificial intelligence in online retail, finding that shopping assistants used by Amazon and Walmart can identify potentially misleading “Made in USA” claims but are not being deployed to prevent questionable product listings from reaching consumers. The research, conducted by......

Stellantis returns to profit as second-quarter revenue jumps 13%, reaffirming 2026 outlook

Stellantis delivered a markedly stronger second quarter, returning to profitability after last year's losses as higher vehicle sales and improving commercial performance lifted revenue across key markets. The global automaker reported net profit of €293 million for the April-to-June period, reversing a €1.9 billion loss recorded......

Security concerns prompt US military to consider restricting soldiers’ phone use in the Middle East

The US military is considering tighter restrictions on smartphone use among troops stationed in the Middle East amid growing concerns that information shared online could help Iran identify American military positions and assess the impact of attacks. US Central Command has warned service members about the potential security risks associated......

Anthony Fauci declines new U.S. Senate testimony, cites Fifth Amendment protections

Former White House COVID-19 adviser Anthony Fauci has declined to provide further testimony before a U.S. Senate committee investigating the origins of the COVID-19 pandemic and the government's response to the health crisis. In a statement released on Wednesday, Fauci said he would invoke his rights under the Fifth Amendment of the U.S.......

Report says US missile stockpiles could constrain Trump’s options for further action against Iran

US military officials reportedly warned President Donald Trump that declining stocks of certain missiles could limit Washington’s ability to sustain a potential escalation against Iran, according to US media reports. The assessment was reportedly presented to Trump by General Dan Caine, chairman of the Joint Chiefs of Staff, as the......

AI infrastructure spending drives hyperscalers to record bond issuance as borrowing costs climb

America's largest technology companies are turning increasingly to the bond market to finance massive investments in artificial intelligence infrastructure, even as investors demand higher yields to absorb the surge in corporate debt issuance. A Reuters analysis of LSEG data shows that Amazon, Alphabet, Meta Platforms, and Oracle issued......

DoorDash launches in-house drone delivery program after FAA certification

DoorDash has officially launched DoorDash Air, its in-house drone delivery program, following certification from the Federal Aviation Administration (FAA) to conduct commercial drone deliveries in the United States. The initiative marks a significant step in the company's long-term strategy to diversify its delivery network through autonomous......

US grant supports Morocco green ammonia project with $5.7 million in funding

A Moroccan green ammonia project has received a new boost after the United States Trade and Development Agency (USTDA) approved a $5.7 million grant to support preliminary engineering studies, strengthening Morocco's ambitions to develop a competitive green hydrogen industry and attract international investment in clean energy. The funding......

Democratic senators urge SEC to investigate Trump Media’s premium Truth Social data feed

Two senior Democratic lawmakers are calling on the U.S. Securities and Exchange Commission (SEC) to examine whether a new premium data service offered by Trump Media & Technology Group (TMTG), the parent company of Truth Social, complies with U.S. securities laws. According to a letter reviewed by Reuters, Senators Elizabeth Warren and......

Visa plans to cut 2,600 jobs as part of restructuring and efficiency drive

Visa is reportedly preparing to eliminate around 2,600 positions as part of a broader restructuring plan aimed at improving operational efficiency and redirecting investment toward areas with stronger growth potential, according to an internal memo cited by Bloomberg. The planned workforce reduction would represent approximately 7% of the......

Meta and BlackRock invest $14 billion in major AI data center project

Meta Platforms and BlackRock have announced a major joint investment project to develop a large-scale data center campus in Texas, with total investment expected to reach approximately $14 billion. The initiative highlights the growing global demand for infrastructure capable of supporting the rapid expansion of artificial intelligence technologies. Under......

Trump unveils $22 billion overhaul plan for Washington Dulles International Airport

U.S. President Donald Trump is expected to announce a sweeping $22 billion redevelopment plan for Washington Dulles International Airport, marking one of the most ambitious infrastructure initiatives unveiled for the Washington metropolitan region. According to sources familiar with the project, Trump will present the proposal at the White......

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