Alibaba shares rise over 6% after CEO unveils plans to boost AI spending

Alibaba shares surged to their highest point since 2021 after it announced plans to boost spending on artificial intelligence and unveiled new AI products.

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Meta’s New Super PAC Aims to Curb States’ AI Regulation Efforts

The American Technology Excellence Project, Meta’s super PAC, will have tens of millions to spend on candidates from the Democratic and Republican parties.
The post Meta’s New Super PAC Aims to Curb States’ AI Regulation Efforts appeared first on TechRepublic.

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YouTube content creators contributed £2.2bn to UK economy in 2024

The data has been released to coincide with the launch of a new group of MPs representing creators and influencers.

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OpenAI is building five new Stargate data centers with Oracle and SoftBank

OpenAI is continuing to build out massive AI data centers to train and serve increasingly powerful AI models.

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Building the new backbone of space at TechCrunch Disrupt 2025

At TechCrunch Disrupt 2025, True Anomaly’s Even Rogers and Vast’s Max Haot will join the Space Stage to explore what’s needed to unlock a sustainable and scalable space economy.

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OpenAI Teams Up With Oracle and SoftBank to Build 5 New Stargate Data Centers

The new sites will boost Stargate’s planned capacity to nearly 7 gigawatts—about equal to the output of seven large nuclear reactors.

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Tether reportedly seeks lofty $500 billion valuation in capital raise

The crypto company is looking to raise between $15 billion and $20 billion in exchange for a roughly 3% stake through a private placement, the report said.

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Micron beats on earnings as company sales rise 46% on AI boom

Micron reported better-than-expected earnings and revenue on Tuesday as well as a robust forecast for the current quarter.

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Scott Wiener on his fight to make Big Tech disclose AI’s dangers

The California lawmaker is on his second attempt to pass a first-in-the-nation AI safety bill. This time, it might work.

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YouTube to allow creators banned for Covid-19, election misinformation to apply for reinstatement

YouTube on Tuesday said it will allow previously banned accounts to apply for reinstatement, rolling back a policy that had treated violations as permanent.

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