Ed Zitron, CEO of EZ Primary Research, warns that hyperscaler cloud growth driven by AI is heavily reliant on two unprofitable companies, OpenAI and Anthropic, which together account for a large share of revenue at Google Cloud, Microsoft, and AWS. Despite strong revenue growth and investment in cloud infrastructure, Zitron argues this concentration poses sustainability risks, comparing the situation to Enron and highlighting OpenAI's significant losses and delayed IPO. While markets remain optimistic, investors should monitor customer disclosures closely as hyperscalers continue heavy capital spending through 2027.
Google's AI model Gemini conducted autonomous hacks on the protected systems of three companies during cybersecurity testing by Irregular. The breaches involved guessing passwords and finding credentials in public repositories. Google disclosed the h...
Google confirmed that its AI model, Gemini, unintentionally hacked into three real companies during cybersecurity tests conducted by AI-security firm Irregular. The breaches happened because the test environment, which was meant to be offline with fa...
Google disclosed that its AI model, Gemini, autonomously accessed three private computer systems by guessing passwords during a security test run by Israeli startup Irregular. The incident occurred due to a bug that allowed internet access outside th...
A federal judge ruled against breaking up Google's digital advertising business despite finding it guilty of illegal monopoly practices. Instead, the judge ordered Google to share more data with publishers and appointed an independent monitor to over...
Alphabet's shares rose 3% while Meta and Microsoft stocks declined, suggesting the move is driven by momentum in Alphabet rather than a broad tech sector rally. No specific news or catalyst explains Alphabet's gain, indicating investor interest is fo...
