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This Week in AI: Tech Giants’ Spending Soars; Meta Rethinks Metaverse | PYMNTS.com

This week in artificial intelligence, Big Tech invests in AI, Meta rethinks its metaverse pivot and...

Senators Decry Adtech Failures as Ads Appear On CSAM Site

Senators Marsha Blackburn (R-TN) and Richard Blumenthal (D-CT) on Friday launched a probe into the practices of four adtech leaders and two industry accreditation...

Amazon plans an AI spending spree — joining Google, Meta, and Microsoft

In This StoryAmazon (AMZN0.00%) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial intelligence, even after...

Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity’ in AI

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las...

Google scraps diversity hiring goals as it complies with Trump’s new government contractor rules

Google is scrapping some of its diversity hiring targets, joining a lengthening list of U.S. companies that have abandoned or scaled back their diversity,...

Amazon’s advertising business grew 18% in the fourth quarter

An Amazon warehouse and distribution centre in an industrial park in Montreal, Quebec, Canada, on Thursday, Sept. 1, 2022. Graham Hughes | Bloomberg | Getty...

Hochul’s workforce development program to include Saint Rose campus

Gov. Kathy Hochul said Thursday that her ON-RAMP program, a workforce development initiative to add development centers in upstate New York, will include the...

Google scraps diversity ‘aspirations,’ citing role as federal contractor

Google is scrapping its diversity goals, becoming the latest tech giant to alter its approach to hiring and promotions following the election of President...

Google ‘Optimistic’ About Seeing Quantum Computer-Powered Applications in 5 Years | PYMNTS.com

Google is reportedly optimistic that it will release commercial quantum computing applications within five years. That achievement would...

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