Big Data refers to extremely large and complex datasets that are difficult to manage, process, and analyze using traditional data tools. It encompasses information collected from diverse sources such as social media, sensors, mobile devices, and online transactions, often generated in real time. In artificial intelligence, Big Data serves as the foundation for training machine learning models, improving accuracy, and uncovering insights that drive smarter decisions. The concept is typically defined by the “three Vs”: volume, velocity, and variety – representing the size, speed, and diversity of data. Modern AI systems rely on Big Data technologies and frameworks like Hadoop and Spark to store, process, and interpret this vast information efficiently.
IBM shares sank about 23% after it warned that preliminary second-quarter results fell short, as clients diverted spending toward memory and servers ahead of price increases.
Google DeepMind CEO Demis Hassabis proposed a US-led standards body to test the most powerful AI models before release and coordinate an industry slowdown if risks mount.
Google unveiled SensorFM, a health AI trained on over a trillion minutes of smartwatch data from 5 million people, that predicts 35 health measures from cardiovascular risk to depression.
Apple sued OpenAI for trade secret theft, alleging former employees now at OpenAI stole confidential hardware information to build its first AI device. OpenAI denies it.
SK Hynix raised $26.5 billion in its Nasdaq debut, the largest US listing ever by a foreign company, as investors rushed to buy into the AI memory chip boom.
Meta will build its first Canadian data center, a 1-gigawatt AI facility in Alberta costing about C$13 billion, powered largely by a dedicated natural gas plant.
Apple expanded its partnership with Broadcom in a multi-year deal worth more than $30 billion, its largest US manufacturing commitment, to produce over 15 billion American-made chips.
Elon Musk’s xAI has rebranded to SpaceXAI, folding its Grok chatbot and X into SpaceX and signaling that AI, not rockets, is now central to the space company’s strategy.
Microsoft cut about 4,800 jobs, roughly 2.1% of its workforce, hitting Xbox and commercial sales hardest, the latest tech layoffs to intensify fears about AI and work.
Meta quietly released Pocket, an app that lets people build small interactive games from text prompts and share them in a TikTok-style feed, built on its Gizmo acquisition.