Driven by demand for AI capacity, AMD’s data center revenue more than doubled year-over-year in its latest earnings report, reaching $6.7 billion. That’s up from $5.8 billion in Q1, and jumping 107 percent from the $3.2 billion it reported for the same period a year ago. At the same time, AMD’s gaming revenue fell 31 […]
SpaceX’s AI revenue grew more than three times to $2.6 billion from the year before, mostly because of deals that the company made to provide compute to other AI companies, according to SpaceX’s quarterly earnings. The AI division, which the company said in its documents to go public was the source of most of its […]
Earlier this year, a Reddit user had asked members of a skincare-focused subreddit if anyone had tried a specific hypochlorous acid spray, a product often used for acne. There were dozens of responses; one from a user named Primary-Taro4254 seemed innocuous enough, at least at first. “I haven’t personally tried [that brand] so I can’t […]
I am not by any means an expert at finance but I think I do now have some advice for people who are: Do not name your hedge fund anything that will be hilarious if it blows up. Don’t use a name like “Long-Term Capital Management,” or “Amaranth Advisors” (named for the floral symbol for […]
Meta is all-in on AI, and sometime soon, the company is going to make a big push into personal AI agents that can do things on your behalf. On Wednesday’s Q2 2026 earnings call, CEO Mark Zuckerberg previewed a high-level vision of how the company is thinking about personal agents and what it will do […]
RAMageddon won’t be the only reason your next phone costs more – Qualcomm is about to raise prices on all its processors, as well. Qualcomm CEO Cristiano Amon said on Wednesday that “prices are going to go up” on the company’s products starting on September 1st, CNBC reports. The price hikes were rumored last week […]
It’s earnings season, and investors got an unpleasant surprise from Google: an increase on its spending estimate, to as much as $205 billion – from the last quarter’s projection of up to $190 billion. Even the lower end of Google’s new projected range – $195 billion – is much more than the company had previously […]
X Money, a core part of Elon Musk’s mission to turn X into an “everything app,” is rolling out starting today, 9to5Mac reports. The payment platform offers a digital wallet and peer-to-peer payments similar to Venmo, along with a metal Visa card users can emblazon with their X username. Other perks include Apple Wallet support […]
The China-based memory firm ChangXin Memory Technologies (CXMT) had a massive first day on the Shanghai stock exchange after its shares surged 466 percent, as reported earlier by The Wall Street Journal and CNBC. The stock market frenzy boosted CXMT’s valuation to $484 billion, making it the most valuable Chinese company listed on the exchange. […]
Google’s Vice President of Devices and Services, Shakil Barkat, all but confirmed in an interview with 9to5 Google that its next Pixel phone would cost more than the Pixel 10. Considering the ongoing RAM supply issues due to the explosion of AI data centers, the rumored price hike is not a complete surprise. Companies from […]