US NEC Director Hassett says AI companies are printing money, adds that there are profits everywhere in the AI sector
Newsquawk Staff ·
US NEC Director Hassett says AI companies are printing money, adds that there are profits everywhere in the AI sector.
- [EARNINGS CALL] Meta (META) expects new AI businesses to generate incremental revenue from 2027 through subscriptions, transactions, advertising and enterprise offerings, with meaningful growth potential over time
- Meta (META) plans to introduce new nonvoting stock to fund its AI investments without diluting CEO Zuckerberg's control, reports Semafor citing sources; could be announced as soon as today alongside earnings
- Senators express ‘grave concerns,’ launch inquiry into Google’s (GOOGL) AI push in schools, WSJ reports
- Newsquawk Daily US Conference Calendar - 22nd October 2026: MSFT
- Iren (IREN) is to advance Europe's sovereign AI ambitions with 300mw Spanish campus
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