innovation
Morning Bid: Building AI Sure Does Cost a Lot, Hope It's Worth It
Mattel Builds He-Man Movie Buzz With New Action Figures
Microsoft Plunges, Meta Rallies as Investors Demand AI Payoffs
Tesla Plans $20 Billion Capital Spending Spree in Push Beyond Human-Driven Cars
Tesla Invests $2 Billion in Musk's XAI and Reiterates Cybercab Production Starts This Year
Date: January 28, 2026
Jan 28 (Reuters) - Tesla said on Wednesday it had agreed to invest about $2 billion in Elon Musk's artificial intelligence startup xAI, deepening ties between the companies as the automaker pitches...
Meta Boosts Annual Capex Sharply on Superintelligence Push, Shares Surge
Date: January 28, 2026
Jan 28 (Reuters) - Meta on Wednesday forecast its annual capital expenditure to increase sharply, as the social media giant builds artificial intelligence infrastructure in the pursuit of...
Microsoft Capital Spending Jumps, Cloud Revenue Fails to Impress, Shares Drop After Hours
Date: January 28, 2026
Jan 28 (Reuters) - Microsoft topped quarterly revenue expectations for its crucial cloud-computing business on Wednesday, signaling that its hefty spending on artificial intelligence was paying off,...
US Robotaxi Group Waymo Aims to Launch in London by Fourth Quarter of 2026
Date: January 28, 2026
LONDON, Jan 28 (Reuters) - U.S. robotaxi company Waymo said on Wednesday it was aiming to launch its fully driverless ride-hailing service in London by the fourth quarter of 2026. The company, a unit...
Volkswagen Looks to Asia, Middle East for Export Opportunities From China
Date: January 28, 2026
BERLIN, Jan 28 (Reuters) - Volkswagen plans to use its lower costs in China to export more cars from the country to other markets - but not Europe, the German carmaker's CEO and China chief said. Ralf...
Spotify Says It Made Record Payout of More Than $11 Billion to Music Industry in 2025
Date: January 28, 2026
Jan 28 (Reuters) - Spotify said on Wednesday it had paid out more than $11 billion to the music industry last year, adding that it was the largest annual payment to music from a retailer in history....