Google must double AI compute every 6 months to meet demand, AI infrastructure boss tells employees

At a recent all-hands meeting, Google’s head of AI infrastructure said the company has to race to buildout compute capacity.

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Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster

Nearly 40% of the roughly 4,700 positions Amazon eliminated across Washington, New York, New Jersey and California were engineering jobs.

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A $100 Million AI Super PAC Targeted New York Democrat Alex Bores. He Thinks It Backfired

Leading the Future said it will spend millions to keep Alex Bores out of Congress. It might be helping him instead.

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The European startup market is ready for the limelight

The region’s startup market is hungry for its first trillion-dollar startup, and in many ways has set itself up to reach that goal.

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Streamline Your Business Operations With This All-In-One Platform

We.inc Website Builder’s Unlimited Plan consolidates five essential website-building tools into one platform.
The post Streamline Your Business Operations With This All-In-One Platform appeared first on TechRepublic.

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Global investors battle between long- and short-term wins amid Nvidia volatility

The market is “quite confused” over the dramatic rally and reversal, one fund manager said.

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Foxconn highlights growing AI ambitions at ‘Tech Day’ as it grows beyond iPhone assembler identity

At Foxconn’s ‘Hon Hai Tech Day’ the world’s largest contract manufacturer’s evolution into an artificial intelligence-focused tech firm on full display. 

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Saudi crown prince jokes about prediction bets during White House visit

Saudi Crown Prince Mohammed bin Salman Al Saud made light of his involvement in prediction markets during a presidential event as Polymarket makes it way back to the US.
The royal from Saudi Arabia was visiting the United States for the first time in seven years to discuss political and economic matters with President Donald Trump, only weeks after Trump’s media company announced plans to add prediction markets to Truth Social through an exclusive partnership with Crypto.com’s Derivatives North America unit.
Bettors lose out on black tie betting on Mohammed bin Salman
The crown prince was given a fanfare welcome by the President, including an honour guard, fighter jet displays, and all the trimmings of the red carpet.
The display by the White House has been controversial amid crunch talks on oil, artificial intelligence, and nuclear capabilities.
US intelligence agencies assessed that the crown prince was likely involved in the killing of Washington Post journalist Jamal Khashoggi, a conclusion that strained US–Saudi relations and distanced Saudi leadership from American political circles for nearly a decade.
Against this backdrop of unresolved geopolitical tension, attention still turned to prediction markets, which focused on Prince Mohammed’s attire at a black-tie event during his return to US soil.

The Crown Prince of Saudi Arabia just referenced the polymarket about him wearing a suit & tie.
Simulation confirmed?pic.twitter.com/jPHJpDkzXK
— Polymarket (@Polymarket) November 19, 2025

Bettors had been given a seventeen times their initial stake opportunity if the crown prince was to attend an event hosted by the White House in a black suit.
He disappointed those staking on the possibility of him wearing the western formal suit, and both Kalshi and Polymarket posted on social media about his tongue-in-cheek response to the betting links.

pic.twitter.com/t44g1YkdHr The Crown Price of Saudi Arabia is a fan of prediction markets
Bullish
— Kalshi (@Kalshi) November 19, 2025

“Before I came here, someone told me that there are betting sites where you can bet on me wearing a black suit, and if you bet on me, you could get almost 17x. Sorry, you lose the bet. Better luck next time,” he said about the predictions market.
Outcome betting has been a varied and evolving marketplace since prediction markets played a considerable part in the previous presidential elections.
Other bets involving the Saudi stay included whether the President would embrace the crown prince in a hug, whether they would shake hands and also what the current President might mention in their exchange.
Ironically, Google announced on Wednesday (November 19) that Saudi Arabia was one of the countries that would restrict offline gaming advertisements, where these promotions violate the local laws.
Featured image: The White House via X
The post Saudi crown prince jokes about prediction bets during White House visit appeared first on ReadWrite.

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SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names

Asian chip stocks fell in early trading, tracking Nvidia’s losses in the U.S., despite the American AI chip darling posting strong third-quarter earnings. 

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OpenAI taps iPhone assembler Foxconn to manufacture data center components in U.S.

OpenAI has struck a new partnership with Foxconn, the world’s largest contract electronics manufacturer, to build artificial intelligence hardware.

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