Perplexity has developed software that makes massive AI models practical on cheaper, older hardware. Their optimizations specifically target Amazon’s Elastic Fabric Adapter networking technology. This could democratize access to cutting-edge AI models.
A new bipartisan bill would require companies to report AI-related layoffs to the Department of Labor. But experts are skeptical whether AI is actually driving job cuts or just providing convenient cover for other business issues.
Bank of America is spending $13 billion on technology this year, with AI deeply embedded in daily operations rather than experimental. The bank’s virtual assistant Erica has handled 3 billion customer actions, while AI drives efficiency gains across underwriting and compliance. CEO Brian Moynihan sa
Microsoft, Alphabet, Meta, and Amazon plan to spend roughly $370 billion on capital expenditures in 2025, mostly on AI infrastructure. This unprecedented investment accounted for nearly all US GDP growth in early 2025, but accounting tricks and upgrade cycles could threaten the boom.
Amazon CEO Andy Jassy says recent layoffs were about culture, not finances or AI. The company is buying “a lot of Nvidia” hardware while building its own Trainium chips and expanding AWS capacity dramatically.
CrowdStrike is expanding its AI agent ecosystem with new automation tools and a hybrid SOAR platform. The Charlotte Agentic SOAR platform represents a middle ground between traditional automation and full autonomy. Security teams get more AI assistance while maintaining human oversight.
A major industry survey shows nearly half of datacenter projects face critical power constraints, with some US grid connections taking up to seven years. The scale of planned AI infrastructure would consume enough electricity for 44 million homes.
A new IEEE global survey predicts humanoid robots will become regular coworkers by 2026. The study also reveals 96% of technologists expect agentic AI adoption to accelerate dramatically, transforming industries from healthcare to finance.
According to engineers interviewed by Business Insider, AI adoption has surged to 90% among software professionals. The technology is changing how teams collaborate, with many turning to AI instead of colleagues for quick questions.
Amazon has threatened legal action against AI startup Perplexity over its Comet browser’s ability to let AI agents shop on Amazon. Perplexity calls this “bullying” and an attack on user choice. The dispute highlights growing tensions between big tech platforms and emerging AI tools.
