Rosy Earnings Reports from Major AI Players Quell Skittish Investors – For Now
Four of the ‘Magnificent Seven’ leading the AI industry reported extremely healthy earnings for Q1 2026, calming some investors concerned by what they see as overally exuberant AI investing.
Specifically: Amazon, Alphabet, Microsoft and Meta Platforms all reported a very successful Q1 2026.
Observes writer Nick Robins-Early: “The industry has for years faced questions about when its immense spending and fevered focus on the technology would pay off, while public concerns about AI’s impact on jobs and society has continued to grow.
“Wednesday’s earnings reports seemed to provide a unanimous answer: AI will pay off in revenue from cloud computing.”
In other news and analysis on AI writing:
*Hollywood: No AI-Written Script Will Ever Win an Oscar: If you’re looking to take home an Oscar with an AI-written script, forget it, according to the Academy of Motion Picture Arts and Sciences.
The organization just decreed that all movies looking for the coveted Oscar statue must be written by humans.
Score one for mere mortals.
*Gemini Chatbot Now Auto-Creates Downloadable PDFs, Word Docs and More: Writing work product generated in Google Gemini can now be easily downloaded in commonly used text and similar files.
The conversion is as simple as requesting in your prompt that Gemini render the response you’re looking for in the file format you prefer.
File formats that can now be easily rendered and downloaded with Gemini include Google Workspace files (docs, sheets and slides), PDF, DOCX, XLSX, CSV, LaTeX, TXT, RTF and MD (Markdown).
*Chinese Firm DeepSeek Releases ‘Nearly as Good AI’ for Fraction of Cost: Already known for triggering worries from U.S. competitors OpenAI, Google, Anthropic and similar, DeepSeek is at it again — this time with the release of its latest AI chatbot/model, DeepSeek-V4.
The big selling point: DeepSeek-V4 can nearly match the performance of bleeding edge AI from U.S. AI titans – for one-sixth the cost.
The only big downside: DeepSeek is a Chinese-based company. As such, it includes coding that could be used to route your data to the Chinese Communist Party.
*Google Rolls-Out Deep Research Max for Non-Chatbot Users: Google has released a new research tool it says is much more powerful than the Deep Research that comes with the Gemini chatbot.
The catch: You need to access Google Gemini via API – or an application programming interface that links your computer directly with Google’s Gemini AI computers.
The pay-off, according to the Google blog on the release: “Deep Research Max delivers highly comprehensive reports, rigorous factuality and expert-grade analysis cheaper and more efficiently than ever before.”
*Free ‘AI for Writers Summit’ Slated for May 7: The Marketing Artificial Intelligence Institute is hosting a free virtual meeting for writers looking for the latest on AI and writing.
A number of key experts in AI marketing will be speaking.
But also scheduled to present is Jen Leonard, founder, Creative Lawyers.
*Implementing AI the Right Way: An Insider’s Guide for Marketers: AI marketing service provider NinjaCat is out with a new guide promising a step-by-step look at how to adopt AI correctly.
The problem with many AI initiatives is that companies grasp the inherent benefits of the tech, but struggle to adopt AI on the task level.
In a phrase, the NinjaCat guide is perfect for marketing firms sporting teams that still run on manual reports, spreadsheet reconciliation and human handoffs between tools.
*Microsoft Legal Agent: Now You Can Bang-Out Contracts and Work-Up Legal Negotiations in Word: Attorneys who prefer working in Word may want to try-out this new AI agent, designed to handle legal work for you in the word processor.
Observes writer Richard Tromans: “This is really a legal tech tool, designed by experts who actually used to work at a legal tech company.”
So far, the jury is out on lawyer reaction to the new AI.
*AI Backlash Growing in U.S.: The unrelenting stream of news reports predicting years of job loss ahead triggered by AI is beginning to take its toll.
A new study from Stanford University finds that only 38% of Americans are “excited” about AI products and services. And only 31% believe the U.S. has the chops to regulate AI properly.
Observes writer Rina Chandran: “There are very real concerns about the impact of AI on jobs, the environment and our lives.”
*AI Big Picture: AI Brain Implant Trial Gets Green Light from FDA: The U.S. Food and Drug Administration has given the okay for an experiment that will implant AI in the human brain – a first.
The implant – no bigger than a blueberry – is designed to cure patients who don’t respond to traditional remedies for depression.
Observes writer Aamir Khollam: “The technology builds on more than a decade of research from teams at Rice and collaborating institutions. Federal agencies, including the National Institutes of Health and the Defense Advanced Research Projects Agency, supported early work.”
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–Joe Dysart is editor of RobotWritersAI.com and a tech journalist with 20+ years experience. His work has appeared in 150+ publications, including The New York Times and the Financial Times of London.