Big tech articles

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Nvidia nearly doubles AMD's R&D budget – Intel's spending dwarfs both, but struggles to compete

As the world's largest company, Apple also leads in R&D spending
The big picture: The competitive strength of hardware makers is often gauged by their research and development expenditure. However, an analysis of recent financial reports from various tech giants reveals that higher R&D spending does not always guarantee success. Intel's recent struggles and Nvidia's astronomical growth driven by the AI boom have broken conventional assumptions.
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The x86 wish list: Complexities of an imaginary Intel takeover

Apparently AMD has blocking rights for any acquisition of Intel. If a deal were to happen, what would AMD ask for?
Editor's take: We are frequently asked some version of the question, "Will someone acquire Intel?" At this point, we think it is highly unlikely, but these are unpredictable times. Setting aside all the principal considerations – like money, strategy, and regulatory approval – there are a few other hurdles. Chief among these is Intel's license for x86.
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Nvidia becomes the world's most valuable company, surpassing Apple and Microsoft

If an AI bubble burst is coming, it isn't here yet
The big picture: Nvidia briefly overtook Apple as the world's most valuable company late last month, but this week it solidified that position for the second time in a more definitive way. The GPU maker's meteoric rise and the dethronement of Intel on the Dow Jones index signifies a major shift toward AI in the tech sector. However, uncertainty still surrounds the new technology.
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Virginia data centers consume too much water, and things will only get worse with AI

A thirsty potato: According to private records obtained by the Financial Times through freedom of information requests, data center facilities in Virginia have experienced a significant increase in water consumption in recent years. The rise of generative AI could exacerbate this issue, potentially contributing to an environmental disaster in the making.
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Big Tech needs to generate $600 billion in annual revenue to justify AI hardware expenditure

The big picture: The tech industry is riding a new high amid a frenzy fueled by AI. Big Tech companies have been plowing huge sums to build out the necessary infrastructure to meet what they perceive demand will be for these products in the coming years. One analyst warns however that the industry needs to stop and consider whether the actual revenue generated by AI will be enough to support these investments.
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FTC votes to ban most noncompete agreements nationwide, a common practice among big tech corporations

The big picture: Many companies, including those in the tech sector, often use noncompete agreements to prevent employee poaching. However, the US Federal Trade Commission now deems this practice unfair, asserting that companies have alternative methods to safeguard their intellectual property. The commission anticipates that banning nearly all noncompete agreements will enhance working conditions and foster innovation.