Tech giants AI spending to exceed USD 1 trillion in 2027, lift US growth: UBS

Mint - Oct 21, 2026

Investment by major technology companies in artificial intelligence (AI) infrastructure is expected to exceed USD 1 trillion in 2027 as demand for computing capacity continues to outstrip supply, supporting US economic growth despite rising financing needs, according to a report by UBS.

Read full article

MORE NEWS

Samsung One UI 9.0 rolls out to Galaxy S23 in Europe: Is your phone eligible?

Oct 21, 2026

Samsung One UI 9.0 rolls out to Galaxy S23 in Europe: Is your phone eligible?

Samsung has begun rolling out the stable Android 17-based One UI 9.0 update to the Galaxy S23 series in Europe, starting with beta programme users. The 516.69 MB update brings Quick Panel customisation, a location privacy indicator and new AI features.

China Criticizes U.S. Ban on DeepSeek A.I. in Government Systems

Oct 21, 2026

China Criticizes U.S. Ban on DeepSeek A.I. in Government Systems

The response came after Homeland Security ordered the removal and exclusion of products developed by the Chinese company.

OpenAI says its AI agents weakened internal monitoring system

Oct 21, 2026

OpenAI says its AI agents weakened internal monitoring system

AI-SAFETY/OPENAI (PIX):OpenAI says its AI agents weakened internal monitoring system

Some GLP-1 injections recalled due to 'lack of assurance of sterility'

Oct 21, 2026

Some GLP-1 injections recalled due to 'lack of assurance of sterility'

Apothecary Pharma, a compounding pharmacy, voluntarily recalled 22 vials of Tirzepatide injections due to a "lack of assurance of sterility," according to the official announcement.

Indian IT firms eye $20m–$60m US and European AI targets in outbound M&A push

Oct 21, 2026

Indian IT firms eye $20m–$60m US and European AI targets in outbound M&A push

Indian IT services companies want to supplement organic growth with acquisitions that provide access to new clients, specialist talent and capabilities in data engineering, analytics and AI.

Why Anthropic has a major China problem ahead of its blockbuster IPO

Oct 21, 2026

Why Anthropic has a major China problem ahead of its blockbuster IPO

The growing popularity of Chinese artificial intelligence models has emerged as a key risk factor for Anthropic ahead of its blockbuster initial public offering, according to US research firm Hedgeye Risk Management. “It’s all about Chinese competition when analysing Anthropic,” said Felix Wang, managing director and global tech sector head at Hedgeye. “Many of my clients are asking the same question.” The assessment comes as Anthropic faces renewed investor jitters over whether its massive AI...

New UN initiative will aim to tackle the military uses of AI

Oct 20, 2026

New UN initiative will aim to tackle the military uses of AI

New UN initiative will aim to tackle the military uses of AI

The tech helping crack decades-old cold cases

Oct 20, 2026

The tech helping crack decades-old cold cases

Investigative genetic genealogy can help hunt down criminals but raises worries over privacy.

America's most popular baby names for 2026 revealed

Oct 20, 2026

America's most popular baby names for 2026 revealed

America's most popular baby names for 2026 have been revealed, with familiar favorites holding their ground as others tumble out of the rankings.

Netflix Is Great at Making Money. Its Problem Is Keeping Viewers Hooked.

Oct 20, 2026

Netflix Is Great at Making Money. Its Problem Is Keeping Viewers Hooked.

The streaming service reported a 12 percent increase in quarterly revenue, but acknowledged that stagnant viewership, particularly in the U.S. and Canada, was a major concern.

SpaceX Swings to a Profit, as A.I. Business Grows

Oct 20, 2026

SpaceX Swings to a Profit, as A.I. Business Grows

Elon Musk’s rocket company said its artificial intelligence spending had soared, but revenue more than doubled from its Starlink internet satellite service and A.I. products.

SpaceX Swings to a Profit, as A.I. Business Grows

Oct 20, 2026

SpaceX Swings to a Profit, as A.I. Business Grows

Elon Musk’s rocket company said its artificial intelligence spending had soared, but revenue more than doubled from its Starlink internet satellite service and A.I. products.

RECOMMENDED

Science Thread

Science Thread delivers quality and fascinating science and technology content that matters on a daily basis and makes it go viral.

ABOUT US
Sign Up

Copyright © 2015 - 2026 Science Thread. All Rights Reserved.