Tech

Even Google couldn't out-earn its AI spending this quarter

Google reports negative cash flow due to AI spending, raising capex forecast as infrastructure costs rise.

Startup founders urge Trump not to shut off Chinese open weight AI

On Wednesday, the Little Tech Association sent letters to President Donald Trump, Commerce Secretary Howard Lutnick and others in the administration.

Google burns through $6bn in cash as AI spending climbs again

Search giant says it will commit up to $205bn to AI investments in 2026

Uber founder Travis Kalanick raises $1.7bn for new start-up

Andreessen Horowitz and the ride-hailing group join funding round

OpenAI hacking incident exposes mounting risks in AI arms race

Cristina Criddle in San Francisco and Tom Wilson in London

Google justifies its massive AI spending with a booming cloud business

Google's cloud business is thriving, as companies adopting its AI and AI infrastructure services help the tech giant to report record profits.

Treasury threatens sanctions after White House claims Moonshot distilled Anthropic's Fable

The episode has also intensified a broader debate in Washington over the influx of Chinese open models.

Google's Gemini app nips at ChatGPT's heels as it nears 1 billion users

Google has been closing the gap with ChatGPT, as its Gemini app hits 950 million monthly users.

Microsoft brings original Xbox backward compatibility to Windows PCs

First four compatible titles can be run with an 11-year-old graphics card.

Google says Gemini now has 950 million monthly users.

It’s a sizeable jump from the 750 million Gemini users Google reported in February. Alphabet, Google’s parent company, shared the stat as part of its Q2 2026 earnings report (pdf), which also revealed a 24 percent increase in revenue to $119.8 billion.

ServiceNow pushes back on AI threats, reporting a 25% jump in subscription revenue

ServiceNow reports Q2 results, raises guidance, and says its AI business topped $1 billion in annual contract value.

CMO Jill Kramer says AI can spark human creativity and insight

Mastercard's Jill Kramer says marketers need every tool at their disposal, and that AI can spark human creativity