Big Tech’s $770 Billion AI Bet Isn’t as Reckless as It Looks
Two years ago, the standard line on AI capital spending was that it couldn’t possibly be sustainable, too much money going out, too little revenue to show for it, a…
Time Is Now Selling Ads to AI Bots, Not Just Readers
Time started serving advertisements to AI agents this month, and the ads aren’t banner images or video, they’re sponsored FAQ-style text blocks written specifically for a machine to read. Ally…
The AI Chip Selloff, Explained: What Happened and What Didn’t
The Philadelphia Semiconductor Index dropped sharply in early July, capping a run that had seen the index rally roughly 130% over the prior twelve months. Micron fell as much as…