💸 Big Tech's New Obsession: Throwing Billions at AI

This year, the tech titans → Amazon, Microsoft, and Alphabet—are pouring record-breaking amounts into AI, with total investments projected to exceed $200 billion.

Amazon alone plans to funnel around $75 billion by year-end. Microsoft has already upped its AI spend to $14.9 billion this quarter—a 50% increase from last year. Alphabet, meanwhile, is readying its own spending boost.

Experts say AI spending will only keep climbing, especially as the industry grapples with a shortage of high-performance chips.

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📱 Android 16 Drops Early

Google → has announced it will launch Android 16, codenamed "Baklava," in Q2 2025, aiming to align with device release cycles for faster adoption. This earlier rollout means users could see new features and updates on their devices without the usual long wait.

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😻 More Power, More Speed

Just days before the PlayStation 5 Pro's official release →, its full specs have been leaked. It’s expected to outperform its predecessor by 60%.

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🤷‍♂️ No Budget Headsets Anytime Soon

Apple has scrapped plans for a budget-friendly version of the Vision Pro → next year. Analyst Ming-Chi Kuo explains why, adding that we might not see it until 2027.

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🤔 Because Originality is Overrated

Signs of a potential rebranding for Microsoft’s Copilot → chatbot have been spotted in Windows 11 code. If reports are correct, the AI assistant may soon carry a name similar to Apple’s AI.

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🌱 Eco-Friendly and Budget-Friendly

SpaceX → has successfully launched the world’s first wooden satellite, crafted by Japanese scientists, into orbit. If the mission goes well, experiments with wooden satellites may just be getting started.

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💸 OpenAI Acquires Chat.com Domain for $15.5 Million

OpenAI has purchased the premium domain chat.com → for $15.5 million, one of the largest domain sales this year.

Previously bought by HubSpot’s CTO for $10 million, the domain now redirects to ChatGPT, hinting at OpenAI’s plans to solidify its position in AI and chat technologies.

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🇸🇦 Saudi’s $100B AI Power Move to Rival UAE

Saudi Arabia is reportedly planning “Project Transcendence,” a $100 billion AI initiative → to establish a tech hub to rival the UAE.

Initial steps may include a $5-10 billion partnership with Google to develop Arabic AI models.

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👍 Everything’s Just Fine

Sony’s president, Hiroki Totoki, insists that the pricing of the PlayStation 5 Pro hasn’t dampened demand:

Many people made comments [about pricing], but the PS5 Pro’s price had no negative impact.

However, scalpers have hit an unexpected snag this time around. Unlike previous releases, PS5 Pro demand appears to be more subdued, forcing some resellers to part with their stock below retail price.

— On eBay UK, listings for the PS5 Pro are popping up below the official £700 retail price.

— Some sellers are even offloading consoles for between £680 and £700, with a few dipping as low as £510 to £670, according to VGC.

Analysts suggest that this rare twist signals a balanced supply from Sony, keeping the PS5 Pro readily available and scalper woes at an all-time high.

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😎 Stretch Goals: LG’s New Display Goes 50% Bigger

LG Display → has just unveiled the world’s first stretchable screen that can expand up to 50% from its original size—a major upgrade from their last attempt, which maxed out at 20%.

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🥲 Orion’s Big Leap? Not Without More Data

OpenAI’s Orion → has completed just 20% of its training but is already nearing GPT-4 levels—except in coding tasks. Facing a data shortage, OpenAI is exploring synthetic data to keep things moving.

Set for a December 2024 release, Orion will first be accessible to partner companies.

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😘 Not Feeling the Love, Elon?

Since the U.S. presidential election, Americans → have been on the hunt for an alternative to X. Reasons? Musk’s vocal support of Trump and the surge in hate targeting Taylor Swift fans.

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🍏 Apple’s Next Big Thing: A Tablet Just for Your Smart Home

Apple → is said to be working on a square-shaped tablet with AI and voice control, designed for smart home use. Running on Pebble OS, it can dock on desks or walls and adjust its interface when users approach.

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