Investors Love AI, as Long as You’re a Cloud Host

Amazon's Q2 earnings beat expectations fueled by 37% AWS revenue growth despite massive capex spending. Investors favor cloud hosts like Amazon, Microsoft, and Google, while AI labs and startups face skepticism.

Amazon/AWS

Leaked recording reveals Meta AI chaos; Zuckerberg insists on doubling down

A leaked internal recording from Meta reveals that the company's AI efforts are in disarray, with employees expressing frustration over poor performance and lack of direction. Despite the criticism, CEO Mark Zuckerberg is reportedly determined to intensify investment in AI.

Meta