Industrial chiller at Yotta Data Services Pvt. data center, in Navi Mumbai, India, on Thursday, Mar. 14, 2024. Bloomberg | Bloomberg | Getty Images A huge upswing in the number of data centers worldwide shows no signs of slowing down, prompting Big Tech to consider how best to power the artificial intelligence revolution. Some of […]
CEO of Nvidia, Jensen Huang, speaks during the launch of the supercomputer Gefion, where the new AI supercomputer has been established in collaboration with EIFO and NVIDIA at Vilhelm Lauritzen Terminal in Kastrup, Denmark October 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia is replacing Intel on the Dow Jones Industrial
Nvidia to join Dow Jones Industrial Average, replacing Intel Read More »
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. Annabelle Chih | Bloomberg | Getty Images Super Micro investors continued to rush the exits on Friday, pushing the stock down another 9% and bringing this
Super Micro’s 44% plunge this week wipes out stock’s gains for the year Read More »
Peopl walk outside Steve Jobs Theater at the Apple Park campus before Apple’s “It’s Glowtime” event in Cupertino, California, on Sept. 9, 2024. Nic Coury | AFP | Getty Images Apple will buy Pixelmator, the creators of image editing apps for Apple’s iPhone and Mac platforms, Pixelmator announced on Friday in a blog post. Pixelmator,
Apple to buy Pixelmator, the iPhone image editing app with AI features Read More »
Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon shares jumped 7% on Friday and neared an all-time high after the company reported better-than-expected earnings, driven by growth in its cloud computing and advertising businesses. The stock is
Amazon shares jump 7%, approach record after earnings beat Read More »
Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon CEO Andy Jassy is trying to reassure investors who may be worried about the future payoff of the company’s massive investments in generative artificial intelligence. On a conference call with analysts following the company’s
Amazon CEO pledges AI investments will pay off as capital expenditures surge 81% Read More »
Intel CEO Pat Gelsinger holds an artificial intelligence processor as he speaks during the Computex conference in Taipei, Taiwan, on June 4, 2024. Annabelle Chih | Bloomberg | Getty Images Intel shares jumped 15% in extended trading on Thursday after the chipmaker reported better-than-expected revenue and issued quarterly guidance that topped expectations. Here’s how the
Intel shares pop 15% on earnings beat, uplifting guidance Read More »
Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon reported better-than-expected results for the third quarter on Thursday, sending the company’s stock up more than 6% in extended trading. Here are the results. Earnings: $1.43 vs $1.14 per
Amazon shares pop on earnings beat, cloud growth Read More »
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft‘s better-than-expected earnings report wasn’t enough to prevent the stock’s steepest selloff in two years, as investors instead focused on the company’s forecast for the current period. Microsoft
Microsoft’s stock heads for worst day in two years after disappointing forecast Read More »
Meta CEO Mark Zuckerberg holds a smartphone, as he makes a keynote speech at the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, U.S. September 25, 2024. Manuel Orbegozo | Reuters Threads, Meta‘s rival to Elon Musk’s X app, now has nearly 275 million monthly users, CEO Mark Zuckerberg said Wednesday.
Meta’s Threads micro-blogging app now has 275 million monthly users, Zuckerberg says Read More »
