tech/startups

Technology stocks tumbled after earnings results intensified concerns about artificial intelligence. Investors appear to be reassessing the economic returns and business prospects surrounding AI, prompting a broad decline in tech-related shares. The sell-off shows that AI enthusiasm remains sensitive to evidence from corporate performance. Even as companies continue

Character.AI is proceeding with an asset sale despite objections from state authorities, Reuters reported. The dispute highlights legal and regulatory pressure surrounding the AI company’s efforts to restructure its operations. The available report does not specify which assets are involved or the nature of the states’ objections, leaving

Big Tech is scaling back share buybacks as spending on artificial intelligence places greater pressure on cash flow. The move indicates that AI investment is competing more directly with shareholder returns for companies’ available capital. Rather than returning as much cash through stock repurchases, technology firms are preserving funds for