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businessWednesday, July 8, 2026

Zuckerberg admits AI isn't working out

Meta's CEO acknowledged that AI progress is slower than hoped, with low morale and billions spent for underwhelming results. Meanwhile, Samsung dethroned Nvidia as the world's most profitable company, and South Korea is scrambling to secure enough power for AI and chip plants.

Sources
+9

AI reality check

The gap between AI hype and reality is widening, as Meta's CEO admits the technology isn't delivering as expected and enterprises face infrastructure hurdles.

Powering the boom

The soaring energy demands of AI and chip manufacturing are forcing governments and companies to rethink their power strategies.

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    According to the report, Rep. John Moolenaar requested confirmation by July 15 that the company has severed ties with the Chinese technology giant and its affiliates.

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  • Google Cloud links Wiz exposure data with threat intelitbrief.co.uk

    Security teams could cut alert overload as Google ties exposed assets to live attacker activity, helping prioritise the riskiest flaws first.

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