May 21, 2026EU Simplifies AI Act with Reduced Compliance RequirementsEuropean Union lawmakers agreed to simplify the bloc's landmark AI Act, reducing regulatory burden on companies. The changes are described as pragmatic fixes to cut red tape, though critics view them as concessions to Big Tech.May 21, 2026·1 source00
May 4, 2026Google Cloud Revenue Growth Resets Big Tech AI Investment ExpectationsAlphabet's cloud division reported blowout growth results, resetting investor expectations across major tech companies regarding returns on AI infrastructure investments, which are projected to reach $700-725 billion in 2026.May 4, 2026·1 source00
