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AI chip startup Groq raised a $640M Series D led by BlackRock at a $2.8B valuation, up from $1B after raising $300M in 2021, and adds an Intel executi | 0 user ratings | 2024-08-05 11:10:11 By: milo |
Infineon reports Q3 revenue down 9.5% YoY to €3.7B, below €3.79B est., and €2.11B in automotive chip sales, down from & | 0 user ratings | 2024-08-05 10:47:47 By: milo |
CrowdStrike says Delta CEO Ed Bastian failed to respond to an assistance offer from CEO George Kurtz; CrowdStrike hopes Delta will "agree to work | 0 user ratings | 2024-08-05 10:13:01 By: milo |
Music streaming has exited its high-growth era, as big streaming services pick up fewer new subscribers, causing revenue shortfalls for music labels ( | 0 user ratings | 2024-08-05 08:43:05 By: milo |
An investigation finds an active trade in Nvidia chips in China despite US restrictions; some military-tied Chinese organizations have bought restrict | 0 user ratings | 2024-08-05 08:09:46 By: milo |
Mynt, the parent company of Philippines-based e-wallet GCash, more than doubled its valuation to $5B after investments from Ayala and Mitsubishi UFJ F | 0 user ratings | 2024-08-05 08:09:45 By: milo |
Despite a weak earnings report, corporations are still buying from Intel, which continues to dominate market share for non-AI computing workloads on s | 0 user ratings | 2024-08-05 01:33:12 By: milo |
Mynt, the parent company of Philippines-based e-wallet GCash, more than doubled its valuation to $5B after investments from Ayala Corp, Mitsubishi UFJ | 0 user ratings | 2024-08-04 23:27:10 By: milo |
An investigation finds an active trade in Nvidia chips in China despite US restrictions; some Chinese orgs with state military ties have bought restri | 0 user ratings | 2024-08-04 17:16:41 By: milo |
Apple Services Q3 revenue topped Mac, iPad, and wearables combined and may soon exceed hardware profits, but its services can't ever have priorit | 0 user ratings | 2024-08-04 09:51:13 By: milo |
Filings: Warren Buffett's Berkshire Hathaway slashed its stake in Apple by 50% in Q2, following a 13% cut in Q1, leaving it with a position wort | 0 user ratings | 2024-08-03 16:59:46 By: milo |
Microsoft, Alphabet, Amazon, and Meta boosted capex by 50% to a total of $106B in H1 2024, as they build AI infrastructure and pledge more investment | 0 user ratings | 2024-08-03 15:15:04 By: milo |
Sources: Meta is offering Hollywood celebrities like Judi Dench millions of dollars for the right to use their voices for AI projects; SAG-AFTRA agree | 0 user ratings | 2024-08-02 21:41:16 By: milo |
Sources: Meta is offering Hollywood celebrities millions of dollars for the right to use their voices for AI projects; SAG-AFTRA has agreed to a deal | 0 user ratings | 2024-08-02 21:30:43 By: milo |
An Indian tribunal orders a halt on insolvency proceedings against Byju's, allowing Byju's to settle a $19M payments dispute with the Indian | 0 user ratings | 2024-08-02 21:25:13 By: milo |
Investors sued CrowdStrike over false claims about its Falcon platform | 0 user ratings | 2024-08-02 20:56:33 By: milo |
Sources: Revolut has told staff it is launching a sale of up to $500M worth of existing shares at a $45B valuation; former employees are ineligible (A | 0 user ratings | 2024-08-02 18:57:07 By: milo |
Character.AI told staff that investors will be bought out at a valuation of 2.5x its $1B 2023 valuation, and it plans to adopt open-source models for | 0 user ratings | 2024-08-02 18:46:14 By: milo |
Nintendo reports Q1 revenue down 46.5% YoY to $1.65B, vs. $1.92B est., net profit down 55.3% YoY to $536M, and Switch sales down 46% YoY to 2.1M un | 0 user ratings | 2024-08-02 15:29:43 By: milo |
Sources: the US DOJ is investigating Nvidia's acquisition of Run:ai, a Tel Aviv-based startup that enables virtualization of GPUs, on antitrust g | 0 user ratings | 2024-08-02 15:06:13 By: milo |
An Indian tribunal orders a halt on insolvency proceedings against Byju's, days after Byju's settled a $19M payments dispute case with the I | 0 user ratings | 2024-08-02 12:54:47 By: milo |
Zomato's stock rose as much as 19% on August 2 after it reported Q1 profits up 125x to $30.2M, vs. $238K a year ago; Zomato's shares gained | 0 user ratings | 2024-08-02 11:18:01 By: milo |
U.S. released Russian cybercriminals in diplomatic prisoner exchange | 0 user ratings | 2024-08-02 10:57:31 By: milo |
Apple reports Q3 revenue down 6.5% YoY to $14.7B in Greater China, up 5.7% YoY to $5.1B in Japan, and up 13.5% YoY to $6.4B in the rest of Asia-Pacifi | 0 user ratings | 2024-08-02 09:36:13 By: milo |
Zomato's stock raised as much as 19% on August 2 after it reported Q1 profits up 125x to $30.2M, vs. $238K a year ago; Zomato's shares gain | 0 user ratings | 2024-08-02 09:30:55 By: milo |