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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
Nintendo reports Q1 revenue down 46.5% YoY to $1.65B, vs. $1.92B exp., 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 08:40:44
By: milo
Sources: Apple in recent months has demanded Tencent and ByteDance close loopholes used by their in-app creators to funnel users to external payment s
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2024-08-02 05:14:14
By: milo
Apple's Q3 revenue in Greater China was down 6.5% YoY to $14.7B, up 5.7% YoY to $5.1B in Japan, and up 13.5% YoY to $6.4B in the rest of Asia-Pac
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2024-08-02 03:44:59
By: milo
Contextual AI, which offers retrieval augmented generation tools for enterprises, raised an $80M Series A led by Greycroft; PitchBook values Contextua
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2024-08-02 01:51:11
By: milo
Sources: the US DOJ is investigating Nvidia's acquisition of Israeli AI infrastructure orchestration and management service Run:ai on antitrust g
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2024-08-02 00:51:12
By: milo
Amazon forecasts Q3 revenue below estimates and reports slowing online stores sales growth of 5% YoY in Q2, vs. a growth of 7% in Q1; AMZN drops 6%+ a
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2024-08-02 00:19:10
By: milo
Twilio reports Q2 revenue up 4% YoY to $1.08B, vs. $1.06B est., 316K+ active customer accounts as of June 30, vs. 304K+ a year ago; TWLO jumps 6%+ aft
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2024-08-01 23:47:03
By: milo
Cloudflare reports Q2 revenue up 30% YoY to $401M, vs. $394.7M est., and raises its full-year 2024 forecast; NET jumps 10%+ after hours (Yuvraj Malik
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2024-08-01 23:14:54
By: milo
Apple's Q3 revenue in Greater China was down 6.5% YoY to $14.7B , up 5.7% YoY to $5.1B in Japan, and up 13.5% YoY to $6.4B in the rest of Asia-Pa
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2024-08-01 22:42:09
By: milo
Court filings: AI startups Suno and Udio respond to copyright lawsuits from major music labels, saying their use of proprietary music to train AI is f
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2024-08-01 22:14:03
By: milo
Coinbase reports Q2 revenue up 105% YoY to $1.45B, vs. $1.39B est., a $36.2M net income, and forecasts subscription and services Q3 revenue below expe
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2024-08-01 21:29:11
By: milo
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