Elon Musk says Tesla's AI5 chip will be made by Samsung in Texas and TSMC in Arizona, with the “oversupply” of chips not used by Tesla going to his data centers
Elon Musk, on the AI5 chip, which is 40x better than the AI4 chip [image] Ed Ludlow / @edludlow : Musk's clarification on Samsung seems important. He's saying Samsung is involved i...
OpenAI and Broadcom agree to co-develop and deploy 10GW of custom AI chips to run OpenAI's models over four years; sources: the deal is worth multiple billions
The companies plan to deploy 10 gigawatts of custom AI chips over the next four years — OpenAI and Broadcom are working together …
Larry Ellison becomes the world's richest person for the first time, at $393B, overtaking Elon Musk at $385B, as Oracle's stock jumps 40%+ after beating Q1 est.
Larry Ellison has become the world's richest person for the first time, ending Elon Musk's nearly year-long reign in the top spot.
A profile of Microsoft CFO Amy Hood, a budget hawk who has been in the position for 11 years and is at the center of the company's AI spending spree
Amy Hood is at the center of Microsoft's bet-the-company dive into AI Threads: @benedictevans . Mastodon: @carnage4life@mas.to and @carnage4life@mas.to X: @marceloplima , @modestpr...
A profile of Microsoft CFO Amy Hood, a budget hawk who has been in the position for 11 years and is at the center of the company's AI spending spree
Amy Hood is at the center of Microsoft's bet-the-company dive into AI X: @marceloplima , @modestproposal1 , and @modestproposal1 . LinkedIn: Jon Cherian X: Marcelo P. Lima / @marce...
Microsoft, Meta, and Alphabet disclosed that they had spent $32B+ combined on data centers and other capital expenses in Q1, as they accelerate AI spending
The spending that the industry's giants expect artificial intelligence to require is starting to come into focus — and it is jarringly large.
In his annual shareholder letter, Andy Jassy says GenAI “may be the largest technology transformation since the cloud” and Amazon is committed to cost-cutting
how does Amazon remain resilient? While simple in its wording, it's profound because it gets to the heart of our success to date as well as for the future” His response: [image] Ri...
Andy Jassy criticizes US and EU regulators over blocking mergers like the iRobot deal, saying they trust Chinese companies with maps of homes more than Amazon
The US DOJ sues Apple, alleging the company blocked its competitors from accessing iPhone features, made switching to non-Apple devices more difficult, and more
In 2010, a top Apple executive emailed Apple's then-CEO about an ad for the new Kindle e-reader. TechCrunch : TechCrunch Minute: Breaking down the Apple iPhone antitrust lawsuit fr...
In its lawsuit, the US DOJ alleges CarPlay lets Apple exert too much control over the auto industry; some analysts say the DOJ may be misunderstanding CarPlay
Buried in the 88-page antitrust lawsuit filed by the US Department of Justice against Apple is a reference to everyone's favorite phone-projection system, CarPlay.
Okta's stock closed down 11.57% on October 20 after the cybersecurity firm said a hacker used a stolen credential to access its support system and client files
- Cybersecurity firm Okta said an unidentified hacker had accessed the company's support system and viewed client files.
Okta's stock closes down 11.57% after the cybersecurity company said a hacker accessed its support system using a stolen credential and viewed client files
- Cybersecurity firm Okta said an unidentified hacker had accessed the company's support system and viewed client files.
At Microsoft's demo last week, the “new Bing” incorrectly summarized Gap's Q3 2022 earnings and provided wrong info on a pet vacuum and Mexico City nightlife
Microsoft knowingly released a broken product for short-term hype — Bing AI got some answers completely wrong during their demo.
How tensions grew between Salesforce co-CEOs Marc Benioff and Bret Taylor for months; sources: Benioff became frustrated about how Taylor was spending his time
Exit of Bret Taylor from role he has shared for about a year wasn't long planned — The Tech Sector Is Taking a Beating. Here's Why.
Snap reports Q1 revenue of $1.06B, up 38% YoY, vs. $1.07B est., global DAUs up 18% YoY to 332M vs. 330M est., and net loss up 25% YoY to $360M
if SNAP can catch a bid on those numbers in spite of its current sales/EPS multiples (faster user/revenue growth, but still), that suggests OK numbers from FB would be received qui...
Snap Q3: $1.07B revenue, up 57% YoY, vs. $1.10B est., DAUs up 23% to 306M, net loss down 64% to $72M, blames iOS ATT changes for revenue miss; stock down 20%+
oh vey “We expect that the measurement and optimization foundations of the digital advertising economy will continue to experience significant changes in the months ahead, includin...
Snap Q3: $1.07B revenue, up 57% YoY, vs. $1.10B est., DAUs up 23% to 306M, net loss down 64% to $72M, blames iOS ATT changes for revenue miss; stock down 20%+
- Snap reported its third-quarter earnings on Thursday, missing revenue expectations after Apple's iPhone privacy changes disrupted its advertising business. Source: Snap .
Facebook adds an Audio hub to its app in the US, featuring podcasts, Live Audio Rooms, and short-form audio, and rolls out Live Audio Rooms globally
Sarah Perez / TechCrunch :
Facebook adds an Audio hub to its app in the US, featuring podcasts, Live Audio Rooms, and short-form audio, and rolls out Live Audio Rooms globally
Sarah Perez / TechCrunch :
Transcript of a Clubhouse chat with Facebook CEO Mark Zuckerberg, Spotify CEO Daniel Ek, and Shopify CEO Tobi Lütke about creator economy, Apple, and more
The Facebook, Spotify, and Shopify CEOs discuss the creator economy and Apple's policies