Stocks of Amazon, Meta and Microsoft rose after earnings that showed AI-driven cloud demand and revenue acceleration, but heavy capex is squeezing free cash flow.
Citadel Securities forecasts more than $500bn of debt by 2028 to finance AI chips, with much issuance maturing in 3–5 years and a slice coming as 144A placements.
Major paper gains from Anthropic and OpenAI stakes are inflating reported earnings at Microsoft, Amazon and Alphabet, CNBC reports — masking true operating performance.
Google says its five-day, no-cost AI Agents Intensive on Kaggle attracted 353,000 registrations, with 12,000+ capstone participants and 6,000+ project submissions — but the headline figure is registrations, not independently verified completions.
Stocks of Amazon, Meta and Microsoft rose after earnings that showed AI-driven cloud demand and revenue acceleration, but heavy capex is squeezing free cash flow.
Citadel Securities forecasts more than $500bn of debt by 2028 to finance AI chips, with much issuance maturing in 3–5 years and a slice coming as 144A placements.
Major paper gains from Anthropic and OpenAI stakes are inflating reported earnings at Microsoft, Amazon and Alphabet, CNBC reports — masking true operating performance.
Julie Averill, a former Lululemon executive, tells the New York Times that A.I. is stalling not because models are weak but because companies won’t pay for messy integration work.
The Washington Post’s chart finds Amazon, Google, Microsoft, Meta and Oracle may turn free-cash-flow negative next year as AI capital spending outpaces near-term monetisation.
DeepSeek launched a low-cost coding model, claiming $0.28 per output versus $25 on Anthropic’s Claude Opus 4.8 and offering a 75% V4-Pro discount through May 5, intensifying a price war while raising questions about sustainability and real-world parity.
Industry coverage from IGN, Reuters and GamesRadar says generative AI is lowering development barriers and flooding storefronts with clones while AI‑driven chip demand is pushing hardware costs up. The twin forces risk making games feel worse and more expensive.
SpaceX agrees to remove 69 temporary gas turbines at its Colossus data centre between August 2026 and July 2027, tying the phaseout to a permitted 1.2 GW plant — but disagreement over permit rules, turbine counts and health impacts persists.
Dimeji Shittu loses 4-1 split decision to Ankush Panghal at Commonwealth Games 2026 amid two point deductions. Outrage meets scoring mechanics — and a fresh push for AI-assisted judging.
As AI trims entry-level white-collar roles, Reuters and Bloomberg report the U.S. lacks a coordinated retraining plan. The policy gap risks fracturing career ladders unless Washington and employers scale credible reskilling fast.
Some Hasidic groups in Brooklyn block AI assistants to protect rabbinic authority, while others like Chabad experiment with bespoke AI tools for education, the Times of Israel reports.
