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Business

Microsoft earnings preview: Focus on Azure growth and AI spending

Microsoft is set to release its quarterly earnings this week, shedding light on the trajectory of the artificial intelligence industry. Euronews Business highlights the key metrics that investors should focus on.

Tech News

Why Meta’s ‘open source’ AI isn’t all it seems

The Open Source Initiative has just set a new international definition for AI that could throw a spanner in the works for tech companies.

Tech News

What is Perplexity AI and why is it stirring controversy?

The Jeff Bezos- supported AI start-up is hoping to use LLMs to challenge Google in the search engine market but it’s ruffling feathers.

Business

Tesla shares take off on strong earnings as Cybertruck makes a profit

Tesla shares soar following better-than-expected third-quarter earnings as its electric car sales returned to growth, while the Cybertruck achieved profitability for the first time.

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Business

German tech giant SAP raises full-year outlook on cloud hopes

Europe's largest software company, SAP, has reported third-quarter earnings that exceeded analysts’ expectations and raised its full-year outlook for key metrics.

Tech News

Amazon's EU lobbying spend hits €5M - nearly double its figures

The correction of the spending follows a complaint by several transparency organisations.

Business

Amazon joins Google in taking the nuclear option to power data centres

Amazon is joining Google and Microsoft in the pivot towards nuclear energy, aiming to meet rising demand while hitting climate targets.

Europe News

X evades compliance with landmark EU antitrust regulation

The European Commission confirmed that X is not designated a gatekeeper under the EU's landmark Digital Markets Act (DMA), meaning that the social media giant need not comply with additional compliance obligations imposed under the antitrust regulation for big platforms.

Tech News

Which billionaires are on track to be the world's first trillionaires?

The tech industry is home to eight of the world’s ten wealthiest individuals, but who among them will be the first to reach trillionaire status?

Tech News

Tesla's Cybercab reveal: Is this the 'ChatGPT moment for robotaxis'?

What to know about Elon Musk's newly unveiled robotaxi and why Europe risks losing the autonomous vehicle race.

Tech News

These European data centre activists are taking the fight to Big Tech

Pockets of data centre activists are fighting back against the expansion of mega computer centres in Europe amid an artificial intelligence (AI) boom.

Tech News

California governor vetoes the US' first of its kind AI safety bill

The bill, which would have been the first AI law in the US, would have required tech companies to test models and provided whistleblower protections to workers.

Tech News

What will the UN's Global Digital Compact mean for AI and tech

The UN’s Summit of the Future has put tech and AI governance high on the multinational body's global agenda.

Markets

Nvidia sheds billions in value as it logs largest ever one-day drop

Nvidia shares suffered their largest one-day drop ever amidst the artificial intelligence (AI) stock sell-off. The company is also facing an antitrust investigation due to concerns over its dominance in AI chip supplies.

Markets

Nvidia shares slide as guidance misses market expectations

Nvidia surpassed market expectations with its quarterly results but fell short of analysts' estimates for growth in the current quarter. As a result, its shares fell during extended trading hours, as concerns emerged of a slowdown.

Business

Nvidia: No sign of chips being down as all eyes turn to Blackwell

Nvidia releases its quarterly earnings, a month after major tech companies reported second-quarter performance. The spotlight will be on updates regarding its Blackwell chip, viewed as a significant area for growth.

Tech News

Uber fined €290 million for transferring EU driver data to the US

Uber has to pay the Dutch data protection agency €290 million for transferring European taxi drivers’ data to servers in the United States.

Tech News

New Dutch PM bans devices in cabinet meetings over spying fears

Dick Schoof, the Netherlands' new premier, was a former head of the country's intelligence services before he headed up the new technocratic government.

Markets

Wall Street's next big test is looming with Nvidia's profit report

How much hype is left in Nvidia's stock? Anyone with an S&P 500 index fund is hoping to get an answer to that weighty question next week.

Tech News

US judge plans to order major changes for Google's Android app store

Google should expect a shake-up of its Android app store, a judge made clear on Wednesday.