Meta’s stock falls on AI spending plans
Meta Platforms stock fell 1.64% to $620.19 on October 27, 2026, closing at a 20-day low as volume surged, amid investor concern over rising capital expenditure and a $95 billion…
artificial intelligence
Adam Mosseri Warns AI Negativity Will Continue to Get Worse
Instagram head Adam Mosseri warned on October 28, 2026, that public negativity and frustration surrounding artificial intelligence will continue to escalate over the coming years.
AEX Index Drops As Chip Sector Struggles Amid AI Concerns
The AEX index began trading lower Tuesday, with chipmakers leading the decline amid ongoing concerns about the profitability of investments in artificial intelligence.
Microsoft AI Surpassed Doctors in Complex Medical Cases
Microsoft’s AI diagnostic tool MAI-DxO achieved 83% accuracy in complex medical cases during tests, outperforming doctors who scored 36% in similar simulations, according to…
Goldman Sachs Warns AI Could Replace 9% of Workers
Goldman Sachs has raised its economic forecast to warn that artificial intelligence could replace up to 9% of American workers, translating to roughly 15 million jobs.
MIT researchers placed 13 AI agents on a virtual desert island, where they invented challenges and built structures
MIT researchers placed 13 AI agents called Eko on a simulated desert island for 30 hours, where they invented challenges, built structures, and learned practical skills, sparking…
Musk: Tesla and SpaceX Form Special Committees to Evaluate Merger
Elon Musk revealed that the boards of SpaceX and Tesla have formed special committees to evaluate a possible merger.
Apple’s Minions cuts Mac GPU wait times from over 10 hours to minutes
Apple’s Minions system uses idle Apple Silicon Mac GPUs to create a virtual cloud for AI inference, cutting job wait times from over 10 hours to minutes, according to internal…
Bloomberg Intelligence Projects Cloud Gaming Market to Reach $38 Billion by 2035
Research from Bloomberg Intelligence projects that games streamed over the internet will expand into a $38 billion market by 2035.
Google Restricts Free Gemini Users Access to Flash Pro Models
Starting October 9, 2026, free users of Google Gemini will lose access to the Flash and Pro models, leaving only the Flash-Lite variant, according to multiple sources including…
Mark Zuckerberg leads Meta to record profits despite public criticism
Meta reported $60.8bn in revenue and $15.9bn in profit for the second quarter of this year, despite ongoing public criticism of Mark Zuckerberg, according to the BBC.
South Korea’s Largest Banks Exposed to AI-Driven Cyberattacks
South Korea’s largest banks faced AI-driven cyberattacks, exposing personal data of tens of thousands of customers, as regulators demanded urgent security reviews.