Nvidia CEO Jensen Huang is as bullish as ever about his company’s future, repeating his sentiments that DeepSeek won’t impact sales, he said during the latest earnings call on Wednesday. Speculation that DeepSeek’s R1 model required far fewer chips to train fueled a record drop in Nvidia’s stock price last month. But during the earnings […]
Nvidia CEO Jensen Huang shrugs off DeepSeek as sales soar Read More »
Reddit CEO Steve Huffman said that, over this year, Reddit plans to launch an upgraded search experience that’ll help users navigate the social network, but also answer “subjective, hard, [and] interesting questions.” The company plans to achieve this by integrating Reddit Answers, its feature that allows visitors to ask questions and receive curated summaries of
Reddit hints at expanded AI-powered search Read More »
Tinder hopes to reverse its ongoing decline in active users by turning to AI. In the coming quarter, the Match-owned dating app will roll out new AI-powered features for discovery and matching. The addition aims to offer fatigued singles an alternative to the “swipe” that defined the dating app in its earlier days and influenced
Tinder will try AI-powered matching as the dating app continues to lose users Read More »
Tinder hopes to reverse its ongoing decline in active users by turning to AI. In the coming quarter, the Match-owned dating app will roll out new AI-powered features for discovery and matching. The addition aims to offer fatigued singles an alternative to the “swipe” that defined the dating app in its earlier days and influenced
Tinder will try AI-powered matching as dating app continues to lose users Read More »
Booming AI budgets seemed at risk last week when DeepSeek crashed Nvidia’s stock based on speculation that its cheaper AI models would lower demand for AI chips and data centers. Alphabet CEO Sundar Pichai has certainly noticed the Chinese AI company, praising its work as “tremendous” in Alphabet’s latest earnings call (while adding that some of Gemini’s models are
Alphabet praises DeepSeek, but it’s massively ramping up its AI spending Read More »
AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally announced. During the company’s Q4 2024 earnings call Tuesday, AMD CEO Lisa Su said AMD plans to sample the MI350 with “lead customers” this quarter, and “accelerate” production shipments to “mid-year.” “So, we had
AMD pulls up the release of its next-gen data center GPUs Read More »
DeepSeek, DeepSeek, DeepSeek. We couldn’t escape the headlines around the Chinese AI lab this week. The startup lit a fire under Silicon Valley after releasing its R1 “reasoning” model and displacing ChatGPT as the App Store’s top app. While DeepSeek claims to have built its models more efficiently and at a fraction of the cost
DeepSeek lights a fire under Silicon Valley Read More »
Apple’s iPhone sales may be down, but the company’s Services division, which includes the App Store, iCloud, Music, TV+, and other subscriptions, is still soaring. The Cupertino-based tech giant reported Thursday its Services business had an all-time revenue high of $26.3 billion for the quarter ended December 28, up 14% year-over-year. Services generated nearly $100
Apple tops 1 billion subscriptions, nearly $100B in services revenue in 2024 Read More »
Apple’s latest earnings were a mixed bag filled with slipping iPhone sales and countered by rising revenue. Reporting after the bell Thursday, the iPhone maker’s overall revenue in the first quarter of 2025 beat Wall Street expectations, with a 4% bump to $124.3 billion over the same time last year. Apple reported net income of
Apple quarterly revenue increases, even as China sales decline 11% Read More »
Threads, Meta’s microblogging service, is growing at a fast pace as users gravitate to the app over rivals like X. During the company’s fourth-quarter earnings presentation on Wednesday, CEO Mark Zuckerberg revealed that Threads now has 320 million monthly active users (MAUs), up from 300 million last month. The app had 275 million monthly active
Threads adds another 20M monthly users since December, reaching 320M Read More »
