Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than double its spend on building AI infrastructure – like data centers and servers. “We currently expect 2025 capital expenditures,
Read moreZuckerberg: AI increased the time spent on Facebook and Instagram in Q2
Overall, Meta estimated that over 3.4 billion people used one of its "family of apps" on a daily basis.
Read moreGoogle proposes to open Play Store to more real-money games in India
The developers are also required to submit proof that an authoritative third-party body has declared the app to be a "game of skill," the company proposed.
Read moreBig Tech to work with Trump administration to build digital health ecosystem
The efforts will focus on two areas: creating a framework for patients and providers to easily share information, and creating more personal tools so patients can access resources needed to stay informed about their health.
Read moreDropbox is shutting down its password manager
Dropbox is discontinuing its password manager. The tool, Dropbox Passwords, will be discontinued on October 28th, and the company is recommending that you transfer your passwords to another app like 1Password ahead of that date. The company will shut down Dropbox Passwords in phases. Starting August 28th, Dropbox Passwords will
Read morePalo Alto Networks agrees to buy CyberArk for $25 billion
The cybersecurity giant is getting into identity security with its acquisition of CyberArk, which is one of the biggest cybersecurity deals of the year so far.
Read moreGerm brings end-to-end encrypted messages to Bluesky
Germ's new app lets users send end-to-end encrypted messages on Bluesky. TechCrunch speaks with the Germ founders to hear why they came up with the idea.
Read moreHackers stole Social Security numbers during Allianz Life cyberattack
The U.S. insurance giant tells state regulators that Social Security numbers were among the personal information stolen in its mid-July cyberattack.
Read moreZuckerberg signals Meta won’t open source all of its ‘superintelligence’ AI models
Meta is shifting how it plans to ensure widespread access to superintelligence, a suggestion that the company’s most advanced AI may remain closed so that Meta can stay in the driver’s seat.
Read moreRamp hits $22.5B valuation just 45 days after reaching $16B
In 2025, Ramp keeps raising money at increasing valuations as its CEO pursues an AI-powered future.
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