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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
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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 &
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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
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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 (
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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2024-08-02 21:25:13
By: milo
Investors sued CrowdStrike over false claims about its Falcon platform
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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
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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
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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
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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
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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
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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
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2024-08-02 11:18:01
By: milo
U.S. released Russian cybercriminals in diplomatic prisoner exchange
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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
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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
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2024-08-02 09:30:55
By: milo
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