In a surprising market shift, Microsoft just saw its biggest single-day stock drop since 2020, while Meta’s shares jumped 10%. The divergence highlights how investors are scrutinizing the massive AI investments from tech giants, rewarding Meta’s strong ad revenue story over Microsoft’s broader, cost
A new survey from the Game Developers Conference paints a brutal picture of the industry. With mass layoffs continuing, developer morale is shattered, and students are losing hope.
Nvidia CEO Jensen Huang’s casual tour of China coincided with a massive policy win: approvals for Chinese tech giants to buy over 400,000 H200 AI chips. The move marks a stunning reversal of Biden-era export controls under the new Trump administration. But the whiplash in Washington might be the mos
Blue Owl Capital allowed investors to withdraw over $527 million from its tech-focused BDC, far above its normal 5% cap. The move highlights growing unease in the private credit sector as returns come under pressure.
According to Techmeme, Meta posted $201B in revenue for the year, a 22% increase, with 98% from ads. Reels alone hit a $50B annual run rate, powered by over 2B advertisers using Meta’s AI tools. Separately, Satya Nadella announced Windows 11 has reached 1 billion users.
In a major public-private partnership, Microsoft is teaming with the South African Broadcasting Corporation to offer AI fluency courses on the SABC Plus digital platform. The move builds on Microsoft’s pledge to train one million South Africans and leverages the broadcaster’s reach into millions of
Meta’s CFO Susan Li revealed a massive projected capex of $115-135 billion for 2026, driven by AI data centers. This is a near-doubling from 2025 and signals an aggressive, costly infrastructure arms race. The company is still operating “capacity-constrained” despite huge cloud deals.
Pretium Packaging, owned by Clearlake Capital, has filed for Chapter 11 bankruptcy. The deal will cut its debt by over $900 million and provide $175 million in new liquidity to the plastic container maker.
Mark Zuckerberg announced a staggering $135 billion AI investment for 2026, nearly double last year’s spend. The move signals a major pivot from the metaverse toward AI infrastructure and is already leading to job cuts in Meta’s Reality Labs division.
Microsoft’s quarterly cloud revenue has crossed the $50 billion mark for the first time. CFO Amy Hood noted this reflects strong demand, with the company exceeding expectations across revenue, operating income, and EPS. CEO Satya Nadella emphasized that the company’s AI business is already larger th
