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Big Tech companies are now racing to see who can build the best AI coworker

After years of trying to have the best model, Big Tech is getting serious about the business side of AI.

For the past few years, the AI boom has been defined by experimentation: launch everything, chase each use case, and figure out the business later.

That phase is winding down.

Over the span of a few days, Alibaba, Microsoft, and OpenAI each made moves that reflect the same shift: AI is no longer an experiment. It’s the core business.

Their focus is increasingly on tools that can do real work, not just answer questions. In other words, the race is shifting from who has the smartest model to who can build the most useful coworker.

Microsoft is combining its consumer and commercial Copilot efforts into a single system, aiming to reduce “manual coordination,” or human intervention, and make its AI more useful for actual work. Alibaba is consolidating its AI efforts into a new unit led by CEO Eddie Wu, who framed the shift around capturing a “historic opportunity” as AI agents take on a growing share of business tasks. And OpenAI is pulling back from its sprawl, with leadership warning it can’t afford “side quests” as it doubles down on coding and enterprise productivity.

All of these companies are spending heavily on AI infrastructure — and now they need to show that it pays off. That means focusing on the use cases that generate real revenue, especially in enterprise environments.

That includes software that can handle multistep tasks: writing code, managing workflows, responding to customers, and completing transactions. Alibaba is building assistants designed to help users shop and complete tasks across its platforms. Microsoft is pushing deeper into “agentic” features inside Office to help complete more complicated tasks. And OpenAI is refocusing on coding and business users as it tries to keep up with Anthropic, whose tools have emerged as early leaders in enterprise use.

With each release — spanning legal and finance, coding, and office work — Anthropic has put pressure on traditional software vendors, showing how AI can take over tasks that previously required dedicated tools or teams. It’s part of the reason why the center of gravity is shifting toward enterprise. Consumers may drive attention, but businesses pay the bills — and they are far more willing to spend on tools that save time or reduce labor. What these tech companies are really hoping to sell is not software, but labor in software form.

Meta, which lacks a comparable enterprise software business, is taking a different approach. To justify its AI spending, the company has focused on how the technology can boost its existing revenue streams. It has also been cutting costs, including through layoffs, while pushing remaining employees to increase output using AI tools. Over the weekend, Reuters reported that Meta is planning to cut roughly 20% of its workforce to reach those ends.

The question for these companies has shifted from what AI can do to whether it can justify its cost.

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$600B

Amazon CEO Andy Jassy told employees at an all-hands meeting on Tuesday that he sees AI growing AWS sales to $600 billion a year by 2036, Reuters reports — double his prior estimate and more than 4x last year’s revenue.

Shares of Amazon, which were already up for the day, moved modestly higher on the heels of the report.

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OpenAI snags Amazon AWS deal for classified government work with Anthropic pushed aside

Following Anthropic being deemed a “supply chain risk” to national security, the field is clear for OpenAI. The Information is reporting that OpenAI just landed a deal with Amazon AWS to sell its AI services to government employees for both classified and unclassified work.

Previously, OpenAI was contractually obliged to use Microsoft Azure cloud hosting for the government contracts it handled as part of its $13 billion deal with the software giant, but since it restructured as a for-profit public benefit corporation and renegotiated the terms of the deal, OpenAI is free to use AWS, which is more commonly used in government work.

According to the report, contracts that sell AI services through another company like Amazon can be much larger then direct contracts with the government, which is crucial for OpenAI as it chases the success that Anthropic has had with enterprise customers.

Previously, OpenAI was contractually obliged to use Microsoft Azure cloud hosting for the government contracts it handled as part of its $13 billion deal with the software giant, but since it restructured as a for-profit public benefit corporation and renegotiated the terms of the deal, OpenAI is free to use AWS, which is more commonly used in government work.

According to the report, contracts that sell AI services through another company like Amazon can be much larger then direct contracts with the government, which is crucial for OpenAI as it chases the success that Anthropic has had with enterprise customers.

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Rani Molla

Morgan Stanley thinks Tesla’s Terafab could cost an additional $35 billion to $45 billion in capex

Tesla’s Terafab project, which CEO Elon Musk said could launch this week, is poised to be one of the company’s most expensive bets yet. The facility is intended to manufacture the chips needed for Tesla’s autonomous vehicles and humanoid robots, and to avoid supply bottlenecks.

If the company reaches its long-term goal of producing 100 million humanoid robots annually, it could require more than 200 million chips a year — over 50x its current demand, Morgan Stanley said.

The firm estimates total capital expenditure for the facility could reach $35 billion to $45 billion, including construction costs and roughly $20 billion to $25 billion for wafer fabrication equipment alone. That spending is not included in Tesla’s already sizable $20 billion capex budget for this year. Morgan Stanley’s semiconductor analysts described the effort as a “Herculean task,” noting the difficulty of building leading-edge chip capabilities from scratch.

While Tesla would likely spread the investment out over several years — even on an aggressive timeline, initial output would likely not arrive until the latter part of the decade — the effort would still weigh heavily on free cash flow and mark a shift toward a more capital-intensive business model.

Tesla’s most expensive factory to date, its Nevada battery plant that it began building in 2014, is estimated to have cost about $10 billion over time — a fraction of the expected Terafab cost.

tech
Rani Molla

Lyft and Uber jump after announcing expanded robotaxi partnerships with Nvidia

Uber and Lyft both announced expanded AI and autonomous vehicle partnerships with Nvidia at the company’s GTC event, sending both ride-hailing stocks up after-hours on Monday and into Tuesday’s premarket session.

Uber is currently up more than 2%, while Lyft has risen around 1.3%.

Uber said Nvidia-powered Level 4 robotaxis will launch on its platform in Los Angeles and San Francisco in 2027, with plans to scale to 28 cities globally by 2028. Meanwhile, Lyft said it will use Nvidia’s AI infrastructure to improve ride-matching, mapping, and efficiency, while also using Nvidia’s DRIVE Hyperion platform as a foundation for future autonomous fleets.

Separately, Nvidia announced expanded autonomous driving partnerships with Kia and Hyundai.

The announcements highlight Nvidia’s growing push to provide the AI hardware and software powering next-generation robotaxi networks — packaging the technology needed for self-driving cars into a platform that other companies can use to compete with Tesla.

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