2+ day, 6+ hour ago   (181+ words) Analysts further noted that Nvidia's investment in MediaTek carries an additional strategic consideration: MediaTek holds a firm position in TSMC's (2330.TW) 2-nanometer process schedule and may even secure capacity for the 1-nanometer node in the future. Investing in MediaTek, they…...

1+ day, 22+ hour ago   (627+ words) Michael Burry, the investor made famous by betting against the U.S. housing market before the 2008 financial crisis, has slashed exposure across his entire portfolio and is sitting on a larger cash pile heading into a fall he expects to be turbulent....

2+ day, 6+ hour ago   (906+ words) AMD and Broadcom both posted quarterly results that beat analyst expectations, yet their stocks have lagged as investors focus on valuation and potential AI spending slowdowns. AMD's data center revenue rose 107% to $6.7 billion, driven by GPU sales, but the company's…...

2+ day, 10+ hour ago   (340+ words) Amazon.com Inc. (AMZN) is giving a select group of U.S. brands the ability to extend their advertising campaigns into ChatGPT, marking the e-commerce giant's most significant embrace of an external AI platform to date and a major vote of confidence…...

2+ day, 10+ hour ago   (283+ words) System76 has introduced the Thelio Mira AI, a desktop workstation built specifically for running artificial intelligence workloads locally rather than in the cloud. The machine targets developers working on model training, fine-tuning, inference, computer vision and image generation, with the company…...

2+ day, 56+ min ago   (1020+ words) SpaceX is rapidly converting its AI computing ambitions into a major revenue stream, with the company's finance chief signaling that a newly signed hosting agreement strengthens its path toward a $100 billion annual recurring revenue milestone before the end of 2026. Speaking…...

2+ day, 10+ hour ago   (216+ words) A fintech startup aiming to replace the spreadsheets and disconnected marketplaces that still dominate alternative investing has secured $18.8 million in total funding from a roster of prominent backers. The capital arrived in two tranches. An initial $3.8 million seed round drew…...

2+ day, 6+ hour ago   (950+ words) Gloo Holdings Inc (GLOO) lifted its full-year revenue forecast to $200 million after second-quarter sales more than doubled, as the faith-focused technology platform benefits from a wave of acquisitions and growing adoption of its AI tools. Revenue for the quarter ended…...

2+ day, 1+ hour ago   (488+ words) Microsoft Corp. (MSFT) is preparing a massive expansion of its global data center footprint, aiming to more than triple its current capacity by 2032 as the software giant races to keep pace with surging demand for artificial intelligence and cloud services....

2+ day, 10+ hour ago   (544+ words) Santa Clara-based chip startup d-Matrix said Thursday it will integrate Nvidia's NVLink Fusion interconnect technology into its upcoming Raptor processors, a move that lets the smaller company plug directly into the AI giant's data-center infrastructure as demand for inference workloads…...