CNN Just Ran One of the Worst AI Puff Pieces We’ve Ever Seen in Our Lives About That “AI Actor” Tilly Northwood18m ago How Credit Genie keeps codebase docs fresh with OpenWiki21m ago Closing The Gap Between AI Ambition And Data Reality21m ago Universal Music is launching an AI music platform with ElevenLabs27m ago Top Pentagon Official Rejects Anthropic Researcher’s AI Warning1h ago Arlequin AI raises €28M to build novel AI models that learn complex relationships at scale31m ago SpaceX sues to block release of tax-break records for its Texas Terafab project31m ago Salesforce closes Fin and eyes $2bn Listen Labs, Business Insider reports32m ago Google brings Gemini for desktop app to Windows33m ago AI’s Hidden Apprenticeship Tax (And How Firms Can Avoid It)36m ago Abacus.AI Releases Three Open-Weight Smaug Models for Agentic Workloads41m ago Clay raises $115m at a $7.1bn valuation, more than double its 2025 price43m ago Before AI Agents Take Action, Enterprises Need A New Data Rule Book51m ago Feature Engineering in Scikit-Learn: A KDnuggets Cheat Sheet52m ago

CNN Just Ran One of the Worst AI Puff Pieces We’ve Ever Seen in Our Lives About That “AI Actor” Tilly Northwood18m ago How Credit Genie keeps codebase docs fresh with OpenWiki21m ago Closing The Gap Between AI Ambition And Data Reality21m ago Universal Music is launching an AI music platform with ElevenLabs27m ago Top Pentagon Official Rejects Anthropic Researcher’s AI Warning1h ago Arlequin AI raises €28M to build novel AI models that learn complex relationships at scale31m ago SpaceX sues to block release of tax-break records for its Texas Terafab project31m ago Salesforce closes Fin and eyes $2bn Listen Labs, Business Insider reports32m ago Google brings Gemini for desktop app to Windows33m ago AI’s Hidden Apprenticeship Tax (And How Firms Can Avoid It)36m ago Abacus.AI Releases Three Open-Weight Smaug Models for Agentic Workloads41m ago Clay raises $115m at a $7.1bn valuation, more than double its 2025 price43m ago Before AI Agents Take Action, Enterprises Need A New Data Rule Book51m ago Feature Engineering in Scikit-Learn: A KDnuggets Cheat Sheet52m ago

Finance Business & Enterprise AI Research10 min reading time

AI and the Profits Boom

Hacker NewsPublished 7 days ago

US corporate profits soared by $401 billion in Q2 2026, reaching a record $4.3 trillion and a 19.4% profit margin, driven by AI infrastructure spending, tax cuts, and wage suppression. Despite rising profits, workers' real wages declined due to inflation outpacing pay growth.

#ai-infrastructure #ai-infrastructure-investment #corporate-profits #trump #us-corporate-sector #wage-dynamics

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