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Apollo Economist Sees No Broad AI Payoff Beyond Big Tech

Apollo Economist Sees No Broad AI Payoff Beyond Big Tech

Apollo chief economist Torsten Slok says aggregate revenue, margin and productivity data show no broad AI payoff outside the Magnificent Seven. The comparisons neither isolate AI's effect nor measure individual deployments.

DDP News Team·Oct 25, 2026
SK Hyper CEO outlines $350 billion first-phase AI data-center plan

SK Hyper CEO outlines $350 billion first-phase AI data-center plan

CEO Chung Suk-geun said SK Hyper aims to raise its first external capital by early 2027 for a demand-dependent South Korean buildout targeting 15 GW by 2035.

DDP News Team·Oct 25, 2026
Block previews Dessa voice model for limited safety testing

Block previews Dessa voice model for limited safety testing

Block says Dessa was trained entirely on human speech, can listen while speaking and runs locally on a MacBook with an M4 Max or better, but it is not publicly available and its performance claims remain unverified.

DDP News Team·Oct 25, 2026
Meta delays commercial terms to November 20 after publisher complaints

Meta delays commercial terms to November 20 after publisher complaints

Meta moved its updated business terms back by three weeks, while disputes over website crawling and AI-related content use remain unresolved.

DDP News Team·Oct 25, 2026
Google Cloud adds Anthropic-managed option for Claude

Google Cloud adds Anthropic-managed option for Claude

Google Cloud customers can now choose an Anthropic-managed Claude deployment that retains Google identity, logging and billing while shifting the Claude service to Anthropic's terms and data processing.

DDP News Team·Oct 25, 2026
IBM reports 5% third-quarter revenue growth, raises cash-flow outlook

IBM reports 5% third-quarter revenue growth, raises cash-flow outlook

Software revenue rose 8.2% and infrastructure revenue increased 4.2%, while IBM raised its 2026 free-cash-flow growth forecast.

DDP News Team·Oct 25, 2026
Tomorrow Together expands AI-policy ad campaign to Senate races

Tomorrow Together expands AI-policy ad campaign to Senate races

Tomorrow Together is moving into Ohio and Kansas Senate contests with a stated $2.5 million ad campaign, while fresh expenditure records support only the $1.5 million Ohio portion so far.

DDP News Team·Oct 25, 2026
Pennsylvania enacts AI disclosure law for deceptive advertising

Pennsylvania enacts AI disclosure law for deceptive advertising

Pennsylvania’s Act 99 requires a clear disclosure when advertisers knowingly, recklessly or willfully use AI-generated or significantly AI-modified content to create a false impression about goods or services.

DDP News Team·Oct 24, 2026