Wednesday, February 12, 2025
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Amazon doubles down on AI with a massive $100B spending plan for 2025

Despite all the buzz last week that DeepSeek would herald in an era of lower AI budgets, there is zero sign that Big Tech...

Alphabet praises DeepSeek, but it’s massively ramping up its AI spending

Booming AI budgets seemed at risk last week when DeepSeek crashed Nvidia’s stock based on speculation that its cheaper AI models would lower demand for AI chips and...

Federal Spending Freeze Threatens Ecosystems and Public Safety

Environmental advocates warned that the order could have immediate and dire consequences for Americans if it takes effect.“From the White House, this is the...

DeepSeek ‘punctures’ tech spending plans, and what analysts are saying

Chinese AI firm DeepSeek has emerged as a potential challenger to U.S. AI leaders, demonstrating breakthrough models that claim to offer performance comparable to...

Substack is spending $20 million to court TikTokers

Meta and YouTube aren’t the only platforms looking to benefit from TikTok potentially disappearing — Substack wants in on the action, too.The company announced...

X sees a jump in consumer spending on mobile, despite decline in daily active users

Social network X has grown its in-app revenue over the past year, despite a decline in active users, new data shows. Global consumer spending...

AI apps saw over $1 billion in consumer spending in 2024

Demand for generative AI help drive consumer spending on apps to $150 billion globally in 2024, up 13% from the prior year. According to...

Consumer tech spending will break records in 2025 if Trump’s tariffs don’t squash it, CTA predicts

American consumers will spend a record-breaking $537 billion on new apps, devices, and gadgets in 2025, according to the new one-year forecast from the...

Online spending grew 3% to a record $1.2T over holiday period, says Salesforce

Online spending rose 3% to a record $1.2 trillion globally over the holiday period, with U.S.-sales, specifically, growing 4% to $282 billion. That’s according...

I’m Spending the Holidays Watching Cabin Builders on TikTok—While I Still Can

A wooded area. A roaring fire. A bit of gently falling snow. This is my happy place. Except, it’s not out my window; it’s...

App downloads decline 2.3% in 2024, but consumer spending grows to $127B

The global app economy continued to recover in 2024, after an earlier slowdown in 2022 — at least in terms of consumer spending. In...

EVgo nabs $1.25 billion loan as Biden races to approve more EV spending

The US Department of Energy announced a $1.25 billion loan to electric vehicle charging company EVgo as the Biden administration races to finalize its...
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