Keywords: Ai spending
Amazon has taken down an internal dashboard called "KiroRank" that ranked employees based on their consumption of AI tokens, after staff began deliberately inflating their usage figures to climb the rankings, a practice that became known as "tokenmaxxing" driving up the company's......
Alibaba shares declined in Hong Kong after analysts at Jefferies and UBS lowered their price targets, citing rising artificial intelligence costs and widening losses in non-core businesses. The stock fell 2.9 percent to 122.70 Hong Kong dollars, underperforming the broader Hang Seng Index, which slipped......
The largest artificial intelligence infrastructure buildout in history is facing a serious threat. S&P Global warned Monday that the combined $635 billion Microsoft, Amazon, Alphabet, and Meta plan to spend on AI data centers, chips, and related infrastructure in 2026 could be disrupted by persistently......
Microsoft ended the first quarter of 2026 with its stock down roughly 25%, marking its steepest quarterly decline since the fourth quarter of 2008, when shares fell 27% during the global financial crisis. Although the stock rebounded on Tuesday, the final trading day of the quarter, the recovery did......
The first quarter of 2026 has proven punishing for the technology sector as investors revolt against the scale of artificial intelligence infrastructure spending. Alphabet, Microsoft, Meta, Amazon and Oracle have all seen their shares fall sharply, with the collective capital expenditure plans of the......
Alphabet has surged past Microsoft to claim the position of the world’s third-largest company by market capitalization, reaching approximately $3.58 trillion compared to Microsoft’s $3.52 trillion. This milestone marks a significant shift in the tech landscape as Alphabet’s shares have......
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