Sony just dropped a 765 million Bungie bomb and pivoted to AI
Jim Ryan bought Bungie for $3.6 billion and bailed. Now Sony is eating a massive impairment loss while pushing generative AI to distract angry investors.
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Page 2 of 3Jim Ryan bought Bungie for $3.6 billion and bailed. Now Sony is eating a massive impairment loss while pushing generative AI to distract angry investors.
Mark Zuckerberg tried to paste over his failing AI roadmap by buying a dime-a-dozen API wrapper for $2 billion. Then China completely vapourised the deal.
Anthropic accidentally leaked their Claude Code sourcemap and panicked with thousands of DMCA takedowns. Unpacking the hilarious hypocrisy of the "ethical" AI lab.
Microsoft is burning $100 billion to boil the planet and keep OpenAI running. The great AI grift continues as top-line revenue is just recycled Azure credits.
Anthropic has finally been ordered to fund its full $1.5 billion copyright settlement. The self-appointed responsible adult of AI still admits no wrongdoing, despite knowingly downloading millions of pirated books and keeping them anyway.
SpaceXAI’s $2.68 trillion fever dream crashes back to Earth, exposing Wall Street hype, Musk worship, AI losses and a queue of diamond-handed bagholders.
Tech giants gamified burning millions of dollars on AI compute just to fake productivity. Here is a look at the absolute stupidity of the tokenmaxxing trend.
The Pentagon just accidentally popped the generative AI bubble. While clueless users boycott OpenAI for Anthropic, both are walking into a financial death trap.
Clueless governments just blew $30 billion on Nvidia GPUs they have absolutely no idea how to use. Sovereign AI hype is a colossal grift that is actively destroying the consumer hardware market and wasting tax payer's money.
Microsoft is facing massive global antitrust raids, daily EU fines under the DMA, and a £2.1 billion UK lawsuit over cloud tying and Copilot bundling.
A new verified study of 6,000 executives proves Generative AI offers near-zero productivity benefits. Read why the tech industry is in frantic PR damage control.
Leaked emails reveal Bank of America bought massive amounts of Nvidia AI hardware with zero plan on how to use it. Lets look at the "Formula 1" fiasco and the funny reality of corporate AI shelfware.