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30.03.26 - 18:24
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Alphabet, Meta, Microsoft all down as data center spending rises (CNBC)
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CNBC's MacKenzie Sigalos reports on Wall Street's deepening unease with Big Tech's AI spending spree, as Microsoft, Alphabet and Meta absorb a fresh wave of giant data center deals that show hyperscalers funding buildouts OpenAI and Anthropic could not support on their own....
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30.03.26 - 18:06
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Elysian Strengthens Technology Leadership with Appointment of Chief Technology Officer (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#AI--Elysian, the first AI-native Third-Party Administrator (TPA) purpose-built for complex commercial claims, today announced the appointment of Zack Moy as Chief Technology Officer. Moy has spent 15 years working on a specific class of engineering problem: how to give structure to unstructured data so that knowledge workers can make better, faster decisions. At Elysian, that work meets its most consequential application yet. Commercial claims generate dense, ambiguous information from dozens of sources simultaneously. The ability to process that information accurately, at speed, and in a form that supports expert judgment is what separates outcomes at Elysian from outcomes anywhere else in the industry.
Moy began his engineering career at Google before co-founding Pattern, an enterprise tool for organizing and acting on complex, unstructured information, acquired by Workday. At Workday, he served as a founding team member of Workday Cloud Platform and rose to Director of Engin...
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30.03.26 - 16:48
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Micron Slides 5% as Google’s AI Memory Algorithm Sparks Fresh Fears Across the Semiconductor Sector (24/7 Wall St.)
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Micron Technology (NASDAQ:MU) stock is falling 5% in early trading on Monday, trading around $339 after opening at $357.22. That move extends a rough stretch: MU stock has fallen approximately 1% over the past week, even as the stock remains up approximately 20% year to date and an astounding 289% over the past year. The ... Micron Slides 5% as Google's AI Memory Algorithm Sparks Fresh Fears Across the Semiconductor Sector
The post Micron Slides 5% as Google's AI Memory Algorithm Sparks Fresh Fears Across the Semiconductor Sector appeared first on 24/7 Wall St.....
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