Despite mounting evidence that AI investments aren’t generating returns, CEOs are planning to spend even more. A survey of over 350 public-company CEOs reveals a stark disconnect between spending plans and financial results. This comes as fears of an AI bubble grow louder.
According to a portfolio manager at $35 billion Gabelli Funds, there are two kinds of market bubbles: earnings-driven and valuation-driven. He argues the current AI boom doesn’t fit either category, pointing to lower P/E ratios than the dot-com era and growing commercial use cases.
Monzo CEO TS Anil was forced out by the board after disagreements over the timing of an IPO and the pace of international growth. The fintech, which just turned its first profit, is now bringing in a former Google exec to lead its next chapter.
A major survey from EY reveals a counterintuitive trend among companies successfully using AI. Instead of mass layoffs, they’re using productivity gains to hire more people and buy more AI tools.
The biggest hurdle in many companies isn’t technical skill—it’s communication. Executives are often left in the dark by teams speaking a different language. The fix is simpler than you think.
Apple has acquired two more office buildings on Stevens Creek Boulevard in Cupertino for $216 million in an all-cash deal. This continues a massive 2025 spending spree on Bay Area real estate that has already surpassed $1 billion.
The Department of Justice just broke a 14-year streak by intervening in a major power merger. Meanwhile, forecasts for electricity demand growth, especially in Texas, are being revised down. But the race to secure gas turbines is hotter than ever.
Apple faces a new antitrust investigation in Switzerland over Apple Pay, even as a US appeals court provides minor relief in the Epic Games case. The global regulatory pressure is intensifying from multiple fronts.
OpenAI launched as a nonprofit in 2015 with a $1 billion pledge from Elon Musk and others. Now, it’s a $500 billion commercial powerhouse, and Musk is suing them from his rival firm, xAI, valued at $230 billion. The original mission is a distant memory.
Following a major settlement in the Epic v. Google lawsuit, Fortnite has returned to the Google Play Store in the United States. This marks a significant victory for Epic in its fight against mobile app store policies.
