Latest Technology News
AMD Emerges as Top AI Stock Buy Despite Recent Dip
Advanced Micro Devices (AMD) stock dropped 17% after strong Q4 2025 earnings, but forecasts 32% revenue growth this quarter driven by AI data centers. AMD eyes $1 trillion data center market by 2030, with revenue growing over 35% annually and EPS potentially exceeding $20.
McKinsey predicts $7 trillion AI infrastructure spend by 2030.
2026 Ushers in Physical AI Era at the Edge
AI shifts to physical reasoning models running on edge devices for real-time local actions without cloud reliance. Hybrid world models and agentic AI will enable machines like robots to learn dynamically from few examples using simulations.
Compact 'micro-intelligences' emerge for specialized edge reasoning in narrow domains.
Tech Layoffs Surpass 30,000 Globally in Early 2026
Over 30,700 tech job cuts recorded worldwide in January 2026, led by US, Sweden, Netherlands, with India topping Asia. Pace suggests up to 273,000 losses by year-end, surpassing 2025's 245,000, due to AI-driven restructuring.
Automation and cost controls fuel leaner structures.
Nvidia Positions as Leader in Physical AI Robotics
Nvidia CEO Jensen Huang claims a 'ChatGPT moment' for physical AI with Isaac and GR00T models for humanoid robots. Isaac Sim and Omniverse provide simulation moats for rapid robot training beyond robotaxis.
Potential spans CES 2026 humanoids and Musk's Optimus.
Chinese Firm to Launch Flying Cars and Humanoid Robots
XPeng's Dr. Hongdi Brian Gu announces flying cars for consumers by H2 2026 and mass-produced humanoid robots for stores and factories. Tech leverages physical AI with in-house chips, LLMs for EVs, drones, and robots.
Early deployments prioritize controlled environments for safety.
Hyperscalers Plan $690B AI Infrastructure Spend in 2026
Microsoft, Amazon, Alphabet, Meta, Oracle eye $660-690B capex mostly for AI compute and data centers, doubling from 2025. Stargate project adds $500B ambition with OpenAI, SoftBank.
Spending leads revenue amid supply constraints, with risks on demand justification.
Cisco Profits Hit by Surging Memory Chip Prices
Cisco shares fell 7.5% as rising memory costs erode Q1 profits despite strong AI-driven sales outlook. As top networking gear maker, impacts wide product range amid AI buildout.
Markets show Nasdaq up slightly but risk-off rotation weighs tech.
Apple's Siri Upgrade Faces Testing Delays
Apple's major Siri revamp encounters accuracy issues in tests, postponing from next month's OS update to future versions. Siri struggles processing complex queries.
Broader tech rebalancing persists post-ChatGPT acceleration.
Loblaw Launches AI Grocery Shopping in ChatGPT
Loblaw debuts first-of-its-kind PC Express app integrated with ChatGPT for seamless grocery shopping from Canadian stores. Advances AI in retail by leveraging conversational AI directly.
Diageo Earns Tech Award for Spirits Platform
Diageo wins Gartner Power of the Profession Award for innovative Spirits platform technology. Recognizes advancements in tech for spirits industry on February 12, 2026.
Tech Stocks Drag Down Canada-US Markets
Technology shares weigh on Toronto and US indices amid broad risk-off flight from risky assets. Reflects rotation pressures in ongoing AI trade dynamics.