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This Company Just Paid Out $6.8 Billion. Its AI Bill Was 4x That

Microsoft just handed shareholders nearly $7 billion in a single day, yet its AI spending bill dwarfs that figure by a staggering margin. Whether Redmond can keep the dividend growing while burning through historic levels of capital is the question every income investor needs to answer before September.

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AI startup Hugging Face has been exploring a sale that could ‌value the company at $13 billion or ‌more, Business Insider reported on Sunday, citing people familiar with ​the matter. The New York-based company, which hosts open-source large language models and datasets, has been working with a bank to gauge bidders' interest, the ‌report said. • Hugging Face did not immediately respond to a Reuters ⁠request for comment outside regular business hours.

Reuters
Verizon Communications (VZ) Rolls Out New Wireless Plans With AI Perks And Upgrades

Verizon Communications (NYSE: VZ) has launched an exclusive Google Pixel 11 lineup alongside new Simplicity and Simplicity Pro wireless plans. The new offers package Google AI features with flexible yearly device upgrade options for Pixel 11 customers. Verizon is removing upgrade and activation fees for these plans, positioning the Pixel 11 launch as a broader push into value added wireless services. Verizon is not the only company tying its growth plans to AI driven consumer and network...

Simply Wall St.
Microsoft (MSFT) Gets New Australia News Rules As AI Commerce Push Deepens

Microsoft (NasdaqGS:MSFT) faces new obligations in Australia as a law requiring large digital platforms to pay local publishers for news content comes into effect, affecting LinkedIn’s news distribution. Meta has become one of Microsoft’s largest AI customers, with a major spend on Azure AI infrastructure and services. Microsoft Advertising introduced an agentic commerce blueprint that uses AI tools to reshape how brands run digital shopping and ad campaigns. Consider exploring other stocks...

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