The National Highway Traffic Safety Administration (NHTSA) has recalled nearly 4,000 Waymo fifth-generation robotaxis due to safety concerns about the vehicles entering freeway construction zones at speed. Incidents in Phoenix and San Francisco revealed that these autonomous taxis incorrectly prioritize other hazards and fail to recognize construction zones, posing risks to safety. The recall affects all of Waymo's Jaguar vehicles using the fifth-generation Autonomous Driving System, while newer sixth-generation vehicles are not impacted. Waymo plans to fix the issue with software updates and new operational protocols to improve detection and avoidance of construction zones. This recall follows previous safety concerns involving Waymo vehicles, including driving into flooded areas and blocking emergency vehicles.
Alphabet has surged 109% in the past year, fueled by strong AI leadership and accelerating Cloud growth, with recent quarterly revenue hitting $109.9 billion, up 21.8%. The company’s Cloud segment grew 63% and holds a $460 billion backlog, providing ...
AI infrastructure spending by major tech companies is set to exceed $750 billion this year, with projections reaching $870 billion by 2027. This massive investment is increasingly funded through debt, as free cash flow alone cannot cover the costs. N...
Noam Shazeer, a key AI researcher and co-lead of Google's Gemini project, is leaving Alphabet to join OpenAI, marking a significant talent shift in the AI industry. Shazeer co-authored the foundational Transformer architecture used in major AI models...
Goldman Sachs projects that capital expenditures (capex) by major hyperscalers like Alphabet, Amazon, Meta, Microsoft, and Oracle could reach $1.1 trillion by fiscal year 2027, driven largely by AI data center buildouts. Oracle alone forecasts up to ...
The traditional 'Magnificent 7' tech stocks that dominated market returns are losing their exclusive spotlight as AI innovation broadens the field. New groups like the 'FAB 10' now include private AI leaders such as OpenAI, Anthropic, and SpaceX, alo...
