WSJ Tech News Briefing TNB Tech Minute: Meta, Google and Microsoft Report Strong Earnings
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Oct 29, 2025 Katie Pizzolatto, Vice President of IBM Quantum Platform, dives into the fascinating world of quantum computing, discussing its untapped potential and future applications across various industries. The conversation also highlights significant tech earnings, with Meta reporting $51.2B in sales but underwhelming income, Alphabet's robust $102B revenue bolstered by AI investments, and Microsoft's impressive Azure growth. Additionally, insights about GM's layoffs and Amazon's $5B investment in South Korea's AI data centers round out the tech landscape.
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Big Tech Fueled By AI And Cloud Spending
- Meta, Alphabet, and Microsoft posted record or strong revenues driven by AI and cloud demand.
- Their net incomes and spending plans show heavy investment in AI infrastructure and varied market reactions.
AI Drives Massive Capital Commitments
- Alphabet plans up to $93 billion in AI spending this year, highlighting massive capital commitments.
- Microsoft’s Azure grew ~40%, signaling cloud growth tied to hosting AI models.
EV Market Slowdown Triggers Layoffs
- GM will cut over 3,300 hourly EV and battery plant workers due to slower EV adoption and policy shifts.
- The company expects to recall about 1,500 of those workers mid-next year, showing temporary workforce adjustments.