Latest in Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it
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‘Simply Grotesque’: Now AI Platforms Are Offering Up George Floyd Simulations
The chatbot industry is catching flack for hosting AI versions of the police brutality victim.Business - Inc. - 6 days ago -
Google's cloud outpaces rivals in third quarter as AI battle heats up
One takeaway from tech earnings reports this week is that Google's cloud business is gaining momentum.Business - CNBC - 3 days ago -
The year's top tech stock is up 300% thanks to AI — but it's not Nvidia
With its stock having quadrupled this year, AppLovin has outperformed all other U.S. tech companies valued at $5 billion or more.Business - CNBC - Yesterday -
Generative AI grows 17% in 2024, but data quality plummets: Key findings from Appen’s State of AI Report
Appen’s 2024 State of AI report reveals surging generative AI adoption, but companies face growing challenges with data quality, bottlenecks, and declining ROI in AI deployments.Tech - VentureBeat - October 22 -
Apple’s iPhone 16 is selling 20% faster in China than its predecessor, report says
Chinese consumers had previously shown relatively little interest in the iPhone 15, which was criticized for a lack of new featuresBusiness - MarketWatch - October 18 -
Middle East crisis live: Israeli airstrike reported in south Beirut; Gaza is ‘dying’, aid group chief tells Paris conference
Lebanese state media report an Israeli strike hit Beirut’s southern suburbs; Doctors of the World official laments lack of action for people in Gaza. Warning sirens have again sounded in northern ...World - The Guardian - October 24 -
Apple returns to top 5 smartphone ranking in China with iPhone 16 as Huawei battle ramps up
Apple returned to the top five ranking of China's smartphone market, helped by the launch of the iPhone 16, but its growth was still outpaced by Huawei.Business - CNBC - October 25 -
U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy
Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.Tech - The Wall Street Journal - October 14 -
AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion
The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.Tech - The Wall Street Journal - October 20 -
OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.Business - Inc. - October 29 -
DevRev raises $100.8 million in Series A funding and becomes an AI unicorn at a $1.15 billion valuation
Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development.Tech - VentureBeat - 4 days ago -
Perplexity AI in final stages of raising $500 million round at $9 billion valuation
Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.Business - CNBC - 5 hours ago -
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Evening Report — Harris moves to cleans up Biden's 'garbage' gaffe
🏛️ Plus: Supreme Court gets drawn into 2024 race {beacon} Evening Report © AP Photo/Susan Walsh Harris moves to clean up Biden's 'garbage' gaffe Vice President Harris was on clean-up duty ...Politics - The Hill - 6 days ago