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Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - October 31 -
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.Business - The Wall Street Journal - October 31 -
AI demand drives growth and higher spending at Amazon’s cloud business
Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarterBusiness - Financial Times - October 31 -
Big Tech Sees AI Bets Starting to Pay Off
Microsoft, Google and Amazon all reported strong quarterly growth in cloud revenue but warned of increased capital spending.Business - The Wall Street Journal - November 1 -
Wall Street frets over Big Tech’s $200bn AI spending splurge
The four biggest US internet groups this week showed glimpses of benefits but warned of increased spendingBusiness - Financial Times - November 1 -
Apple to buy Pixelmator, the iPhone image editing app with AI features
Pixelmator said there "will be no material changes to the Pixelmator Pro, Pixelmator for iOS, and Photomator apps at this time."Business - CNBC - November 1 -
Sam Altman Says the Path to Better AI Is Blocked by Missing Computer Power
Having access to piles of cash and some of the world’s most powerful AI processing chips isn’t enough for OpenAI to release new products at its chosen pace, its CEO claims.Business - Inc. - November 1 -
A Year on, Intel’s Touted AI-chip Deals Have Fallen Short
Despite increased sales projections overall, the chipmaker did not sell as many of its Gaudi AI chips as its CEO hoped.Business - Inc. - November 1 -
Meta’s Llama Used to Develop AI Model for China’s Military
Researchers connected to the People’s Liberation Army created a chatbot model based on Meta’s Large-Language Model AI.Business - Inc. - November 1 -
New Disney Business Unit to Explore AI, Augmented Reality
The Office of Technology Enablement will look at ways to implement emerging technology across Disney’s business segments.Business - Inc. - November 1 -
Eye on America: AI medical breakthroughs, and a Disney Imagineer receives a major honor
In Massachusetts, we learn how artificial intelligence is making medicine more accurate and improving patients' lives. And in California, we meet an acclaimed Disney Imagineer and lifelong inventor ...Top stories - CBS News - November 2 -
Nvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industry
Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run ...Tech - ABC News - November 2 -
The chatbot optimisation game: can we trust AI web searches?
Google and its rivals are increasingly employing AI-generated summaries, but research indicates their results are far from authoritative and open to manipulation. Does aspartame cause cancer? The ...World - The Guardian - November 3 -
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 - November 2 -
Meta’s plan for nuclear-powered AI data centre thwarted by rare bees
Environmental issue disrupts search for energy deals amid a Big Tech race over artificial intelligenceBusiness - Financial Times - November 4 -
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 - November 4 -
Nvidia Takes Intel’s Spot on Dow Index as AI Thrives
The AI chip maker will join the 30-company stock indexm which is seen as a bellwether for U.S. economic fortunes.Business - Inc. - November 4 -
Netflix Executive Promotes AI Game Development Shortly After Huge Layoffs
Generative AI has been the epicenter of conversation about the future of entertainment across movies , TV , music , and video games . With more studios and developers embracing the technology, ...Tech - GameSpot - November 4 -
Palantir’s stock surges as AI drives a further acceleration in growth
Palantir’s CEO says the latest earnings are ”a slap in the face of people who continue to believe that the value of AI is solely in building AI large language models.”Business - MarketWatch - November 5 -
Mike Verdu of Netflix Games leads new generative AI initiative
The former VP in charge of Netflix Games has taken on a new rule to use generative AI technologies in game development for the publisher.Tech - VentureBeat - November 4 -
Why multi-agent AI tackles complexities LLMs can’t
While AGI and fully autonomous systems are still on the horizon, multi-agents will bridge the current gap between LLMs and AGI.Tech - VentureBeat - November 2 -
The show’s not over: 2024 sees big boost to AI investment
AI investment continues to show resiliency, driving deal volumes to 1,245 in Q3, 24, a level not seen since Q1, 22.Tech - VentureBeat - November 1 -
Palantir’s shares jump as ‘unwavering demand’ for AI lifts earnings
Peter Thiel’s data analytics company raises its revenue forecast as growth acceleratesBusiness - Financial Times - November 4 -
Super Micro needs a new CEO before its AI advantage erodes
Super Micro Computer Inc. was an early beneficiary of the artificial-intelligence boom. But with the server maker under an accounting cloud, Super Micro now needs its chief executive to step down ...Business - MarketWatch - November 5 -
Mystery Surrounds Discovery of TSMC Tech Inside Huawei AI Chips
The apparent use of TSMC circuitry, believed to have first routed through a Chinese chip firm, shows the difficulties for the U.S. in enforcing a tech crackdown.Tech - The Wall Street Journal - November 5