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The Walt Disney Co. has long positioned itself as a leader in diversity, equity, and inclusion (DEI), with a strong emphasis on representation in its storytelling and hiring initiatives. However, amid increasing political and social scrutiny, Disney’s stance on DEI has become more nuanced. While the company has not made any official statements about its […]

Once profit-starved Amazon is now swimming in cash and plans to go on a $100 billion AI-focused spending spree. The company’s recent financial performance has been impressive, with record profits, and it is now looking to invest heavily in artificial intelligence. This significant investment is seen as a strategic move to capture what Amazon considers […]

OpenAI is scouring the U.S. for sites to build a network of huge data centers to power its artificial intelligence technology, expanding beyond a flagship Texas location and looking across 16 states to accelerate the Stargate project championed by President Donald Trump. The maker of ChatGPT put out a request for proposals for land, electricity, […]

Amazon (AMZN) shares lost ground in extended trading on Thursday after the tech giant reported cloud computing revenue below expectations and issued a tepid outlook for the current quarter. While the company’s Amazon Web Service (AWS) cloud unit revenue grew 19% in the fourth quarter to $28.79 billion, it came in below the $28.87 billion […]

Once profit-starved Amazon is swimming in cash — and will go on a $100 billion AI-focused spending spree. Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity’ in AI. — news from Fortune

Despite all the buzz last week that DeepSeek would herald in an era of lower AI budgets, there is zero sign that Big Tech is slowing down. Instead, they’re ramping things up. Amazon is the latest tech giant to announce a massive AI spending plan with well over $100 billion in predicted capital expenditures for […]

OpenAI is scouting Oregon and 15 other states as it prepares to build a network of huge data centers to power its artificial intelligence technology, expanding beyond a flagship Texas location and looking across 16 states to accelerate the Stargate project championed by President Donald Trump. The lead site will be in Texas, but OpenAI […]

The once-leading Minnesota corporation, now based in North Carolina, has been pressured by shareholders to split up. Honeywell, which has deep roots in Minnesota and still has significant operations in the state, will split into three separate companies. Charlotte, N.C.-based Honeywell, one of the last U.S. industrial conglomerates, announced on Thursday that it will break […]

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SAN FRANCISCO, Feb 6 (Reuters) – ChatGPT maker OpenAI said on Thursday that it is evaluating U.S. states as potential artificial intelligence data center locations for its massive Stargate venture, framing the project as a matter of urgency for the United States to beat China in the global AI race. “As news emerged about DeepSeek, […]