Nvidia stock is down 5%+, as investor concerns around the AI infrastructure boom dampen enthusiasm about its better-than-expected earnings
Kai Nicol-Schwarz /CNBC:
Nvidia reports Q4 revenue up 73% YoY to $68.13B, above $66.21B est., Data Center revenue up 75% YoY to $62.3B, and forecasts Q1 revenue above estimates
Nvidia Corp., the dominant maker of artificial intelligence processors, failed to impress investors with its latest sales forecast …
Heroku says it is transitioning to a “sustaining engineering model”, as it focuses on “helping organizations build and deploy enterprise-grade AI”
Today, Heroku is transitioning to a sustaining engineering model focused on stability, security, reliability, and support.
Heroku says it is transitioning to a “sustaining engineering model”, as it focuses on “helping organizations build and deploy enterprise-grade AI”
Today, Heroku is transitioning to a sustaining engineering model focused on stability, security, reliability, and support.
Source: SpaceX and xAI are in talks to merge ahead of a planned IPO this year; under the proposed deal, shares of xAI would be exchanged for shares in SpaceX
Elon Musk's SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this year.
Sources: SpaceX is considering a potential merger with Tesla, an idea some investors are pushing, while separately exploring a tie-up between SpaceX and xAI
SpaceX is considering a potential merger with Tesla Inc., as well as an alternative combination with artificial intelligence firm xAI …
Source: SpaceX and xAI are in talks to merge ahead of a planned IPO this year; under the proposed deal, shares of xAI would be exchanged for shares in SpaceX
Elon Musk's SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering planned for later this year.
In an interview, Satya Nadella says Microsoft faces a power shortage, but not a compute one, which could leave “chips sitting in inventory that I can't plug in”
Canada, UK, Europe—missed this memo. Now they're paying for it. Mon / @moninvestor : Microsoft's CEO says they have chips they can't use because there isn't enough power or data ce...
Twitter acquires messaging app Quill, which will shut down and delete all user data on December 11 after launching in February to challenge Slack
Quill is joining Twitter! — We started Quill with the goal of increasing … Ingrid Lunden / TechCrunch : Twitter acquires Quill, a would-be Slack rival; team will work on DMs as Q...
PlanetScale, a serverless database powered by Vitess and MySQL, raises a $50M Series C led by Kleiner Perkins, bringing its total raised to $105M
Frederic Lardinois / TechCrunch :
Sources: FTC and Justice Department are looking into allegations TikTok failed to live up to a 2019 agreement to protect children's privacy
WASHINGTON (Reuters) - The Federal Trade Commission and the U.S. Justice Department are looking into allegations that popular app TikTok failed …
Secretary of State Mike Pompeo says the US is “looking at” banning TikTok and other Chinese social media apps amid rising tensions between US and China
- The U.S. is “looking at” banning TikTok and other Chinese social media apps, Secretary of State Mike Pompeo said Monday.
Disney's top streaming exec, Kevin Mayer, resigns to become CEO of TikTok and COO of parent company ByteDance; Disney names Rebecca Campbell as his successor
Kevin Mayer will lead the Chinese-owned app for making and sharing short videos, which has exploded in popularity during the pandemic.