[5/8 04:00] Tencent and Alibaba face slowing growth as AI costs mount / Sony 3 billion dollar buyback as memory prices take toll

AI News Flash for May 08, 2026 at 04:00 UTC. Topics: 1. Tencent and Alibaba face slowing growth as AI costs mount https://www.bloomberg.com/news/articles/2026-05-08/tencent-alibaba-face-slowing-growth-as-ai-costs-mount 2. Sony 3 billion dollar buyback as memory prices take toll https://www.bloomberg.com/news/articles/2026-05-08/sony-gives-upbeat-outlook-with-help-from-music-and-games-empire 3. BILL plans 30 percent workforce cut as AI becomes top priority https://www.pymnts.com/earnings/2026/bill-plans-30-workforce-cut-as-ai-becomes-top-priority/ 4. Florida hyper-scale AI data center regulation bill signed https://www.wusf.org/politics-issues/2026-05-07/desantis-signs-bill-adding-regulations-for-hyper-scale-ai-data-centers 5. NVIDIA expands AI infrastructure from utility scale to homes https://finance.yahoo.com/markets/stocks/articles/nvidia-expands-ai-infrastructure-utility-020944678.html