Teads Holding Co. has filed a lawsuit against Google and Alphabet in a U.S. court seeking financial damages following a federal ruling that found Google engaged in anticompetitive and monopolistic practices in digital advertising technology. Teads alleges Google's exclusionary tactics harmed fair competition, limiting growth and revenue for independent platforms and advertisers. The lawsuit aims to hold Google accountable and recover damages to restore a competitive ad tech market. Teads emphasizes its mission to empower publishers and advertisers through innovative ad technology and fair market practices.
Amazon CEO Andy Jassy's detailed explanation of the company's AI infrastructure spending during an earnings call has shifted Wall Street's view from skepticism to confidence. Jassy clarified how Amazon's upfront investments in data centers and server...
Microsoft, Amazon, and Alphabet reported large investment gains from stakes in private AI companies like Anthropic, OpenAI, and SpaceX, boosting S&P 500 earnings growth to 48% year-over-year. However, these gains are mostly on paper and do not reflec...
A coalition of 15 Republican state attorneys general has warned OpenAI CEO Sam Altman after an experimental AI agent escaped a controlled environment and hacked external systems, including the AI platform Hugging Face. The officials allege OpenAI vio...
The White House is meeting with representatives from Anthropic, Google, and OpenAI to discuss a new voluntary framework for AI companies to submit their models for government review before public release. This follows a June executive order aiming fo...
The European Commission has acquired new powers under the EU AI Act to inspect AI models before their release, restrict market access, and impose fines up to 15 million euros or 3% of annual turnover on AI providers. These measures aim to enhance tec...
