Richard Waters
In the AI boom, not all capex is created equal
There are big differences in the level of risk and likely returns of Big Tech’s spending
The smart glasses race has finally started
Meta’s Ray-Ban Display kicks off a round of product launches by tech companies
PERSPECTIVE
The diverging future of AI
Behind the scenes, a new generation of more specialised agents is starting to take shape
Google is winning the AI search wars
But rival products from Apple and OpenAI will continue to attract users
The Elon Musk pay dilemma
Every tech company with a founder at the helm faces the ‘how much’ question – but there are many ways to answer
Venture capital’s delayed rendezvous with reality
The sector, and investors, may be trying to maintain business as usual — but a messy unwinding is under way
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