AGP Executive Report
Last update: 7 hours agoAI Spending: Meta’s revenue rose 26% to $64.6 billion, and the company plans a new share class to help fund its AI push. The boom is also raising debt concerns: S&P Global warns that major tech firms’ AI commitments may be larger than disclosed. Tech Rivalry: China proposed export controls on 40 technologies, including AI, biotech and solar, while the U.S. ordered DeepSeek products removed from federal systems. Autonomous Driving: GM says its eyes-off driving system will expand from flagship SUVs to pickups and crossovers, but gave no rollout dates and says it is not developing Level 3 autonomy. AI Shopping: Walmart is opening a gateway for third-party shopping agents, with controls for permissions and spending, as Amazon restricts bots on its site. Space Science: University of Saskatchewan researchers tested an atmospheric sensor for a satellite mission under consideration by the European Space Agency. Electric Aviation: Beta Technologies received FAA authorization to fly prospective customers in its eVTOL aircraft, a first for the sector.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.