Magnificent 7 Weekly Briefing

Tech giants pledged billions for energy and AI R&D, while Tesla beat delivery estimates and Apple reduced production orders amid soft demand.

  • Google, Meta, and Microsoft pledged to cover rising data center energy costs as Google neared a $1 billion nuclear power agreement and Amazon committed $1 billion to local community investments. 1234
  • NVIDIA announced a $1 billion commitment to U.S. science R&D and a $2 billion investment in chip design technology, though the company faced a lawsuit alleging stockholders were shortchanged in a separate deal. 5678
  • Apple reportedly cut production orders for the iPhone 18 Pro due to soft demand and tested new iOS builds to address advertising blocklist concerns. 91011
  • Tesla reported stronger-than-expected quarterly deliveries and held talks with TSMC for a semiconductor plant, while facing German pressure to rename its automated driving software. 12131415
  • Regulatory and legal pressures mounted as Meta banned TikTok ads, Microsoft was blocked from a foreign worker visa program, and Amazon moved closer to a 30-million-person class-action lawsuit over e-book pricing. 161718
  • Other notable developments include Amazon cutting approximately 1,000 jobs, Google launching a new multimodal AI model, and Microsoft issuing patches for a critical server vulnerability. 1920212223

Sources

  1. Google Neighbors Billion Dollar Nuclear Deal Bloomberg
  2. Google, Meta, Microsoft Pledge to Pay Data Center Energy Costs eWeek
  3. Amazon unveils data center promises and community investment plan Amazon
  4. Google could help pay for Georgia nuclear upgrades Yahoo Finance
  5. NVIDIA commits $1 billion to advance US science over five years NVIDIA
  6. Nvidia’s $2 billion Synopsys bet aims to make AI chip design faster Crypto Briefing
  7. Nvidia s $20 billion Groq deal faces lawsuit alleging startup s stockholders were shortchanged CNBC
  8. NVIDIA unveils 5 AI infrastructure racks at San Jose GTC NewsBytes
  9. Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports Reuters
  10. Apple asks The Trade Desk to test an iOS 27.2 build that may unblock ads PPC Land
  11. Judge Castel sends Google's $1.72bn ad tech damages claims to a jury PPC Land
  12. Germany could force Tesla to ditch its misleading 'Full Self Driving' name — and it's about time other countries followed suit Yahoo Autos
  13. Germany has no problem with Tesla’s Full Self-Driving technology but urges a name change to avoid misleading customers — something Tesla should have done years ago TechRadar
  14. Elon Musk in Talks with TSMC to Build Massive Terafab Facility for Tesla and xAI: Report Latestly
  15. Tesla posts stronger-than-expected quarterly deliveries Reuters
  16. Meta bans social media TikTok ads across the US New York Post
  17. White House blocks Microsoft from foreign worker hiring programme BBC
  18. Amazon E-Book Readers Near Cert. Of 30M Antitrust Class - Law360 Law360
  19. AWS commits up to $50 million in cloud credits for science Amazon
  20. Amazon cuts jobs across multiple teams amid cost overhaul Business Insider
  21. Google launches EmbeddingGemma 2 for on-device multimodal embeddings Google
  22. Microsoft Exchange flaw allows hackers to read mailboxes across an organization, so patch now TechRadar
  23. Elon Musk says Tesla Robotaxi still struggles to see pets at night Digital Trends

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