Alibaba Profit Dives 75% as AI Spending Ratchets Up
Alibaba's quarterly profit fell more than 75% as capital spending surged to almost $10 billion. The company increased investment to maintain its competitive position in artificial intelligence.
Read full story →Trump signs memo to help drastically boost US commercial space launches
President Trump signed a memo directing government agencies to increase U.S. commercial space launches and identify federal land for new launch and re-entry sites. The directive aims to help drastically boost the number of commercial space launches operating in the country.
A $420 camera for $10: China’s young consumers would rather rent than buy. Beijing has a problem.
Young Chinese consumers are renting cameras, drones, and camping gear rather than purchasing them outright, with rental prices as low as $10 for equipment worth $420. This trend reflects both cost savings and a broader challenge to Beijing's efforts to stimulate consumer spending.
OpenAI is losing female execs. But data shows women in AI don’t even make it to the C-suite
Multiple female executives have recently departed OpenAI, including Chief Revenue Officer Denise Dresser and Chief Marketing Officer Kate Rouch. A LinkedIn analysis across 27 countries found women hold only 31% of AI leadership roles at director level or above, and just one in eight technical C-suite positions at AI companies.