2024-11-05
$PLTR has a strong Q3, ups Q4 outlook. Shyam Sankar, CTO, said: “Models continue to improve, but more importantly, the models across both open and closed source are becoming more similar. They are converging, all while pricing for inference is dropping like a rock. This only
Reuters
Palantir reports Q3 revenue up 30% YoY to $725.5M, vs. $701.1M est., and raises 2024 revenue forecast again on robust AI adoption; PLTR jumps 20%+
Arsheeya Bajwa / Reuters :
2024-08-06
@PalantirTech CTO @ssankar made it clear that the company sees a big market in manufacturing and ERP. “I think the kind of congenital defect for ERP is that it was designed historically in the '70s for the CFO. Why would you do that? If you were starting over today, you would
Bloomberg
Palantir raises 2024 revenue guidance to $2.74B-$2.75B and operating income guidance to $966-$974M, vs. $882.9M est., citing AI demand; PLTR jumps 16%+
2024-08-02
Intel's Q2 wipeout: Guidance cut, 15% layoffs, dividend suspended $INTC The company doesn't have the chips to compete with Nvidia or AMD. On PCs and servers, AMD is winning share. Via @ConstellationR @ldignan https://www.constellationr.com/ ...
VentureBeat
Intel plans to cut 15%+ of its workforce, the majority by the end of 2024, as part of a $10B cost reduction plan and to suspend its dividend starting in Q4 2024
Intel announced that it will lay off 15% of its workforce as part of a broad cost-reduction program.
Intel's Q2 wipeout: Guidance cut, 15% layoffs, dividend suspended $INTC The company doesn't have the chips to compete with Nvidia or AMD. On PCs and servers, AMD is winning share. Via @ConstellationR @ldignan https://www.constellationr.com/ ...
CNBC
Intel reports Q2 revenue down 1% YoY to $12.8B, vs. $12.9B estimated, Data Center and AI down 3% YoY to $3B, and gives light Q3 guidance; INTC drops 25%+
Jordan Novet / CNBC :
2024-08-01
$Meta Q2 strong, tightens capital expenditure range to $37 billion to $40 billion for 2024 via @ConstellationR In 2 quarters, Meta has handily passed 2023 capital expenditure levels. Llama training ain't cheap. https://www.constellationr.com/ ...
Meta
Meta reports Q2 revenue up 22% YoY to $39B, net income up 73% to $13.5B, and family daily active people up 7% to 3.27B on average for June 2024; META jumps 5%+
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended June 30, 2024.
2024-04-14
@AnthropicAI CEO Amodei on where LLMs are headed, enterprise use cases, scaling via @ConstellationR #GoogleCloudNext https://www.constellationr.com/ ...
New York Times
Q&A with Anthropic CEO Dario Amodei about AI models costing ~$10B to train, why AI models are close to being “able to replicate and survive in the wild”, more
EZRA KLEIN: Oh, Jesus Christ. DARIO: No, no, I told you. I'm a believer in... [image] LinkedIn: Matt Greenfield : A phenomenal interview with the CEO of Anthropic. “Is there some ...
2024-03-01
@Dell Technologies AI optimized server backlog swells to $2.9 billion exiting Q4 via @ConstellationR @ldignan https://www.constellationr.com/ ...
Constellation Research
Dell reports Q4 revenue down 11% YoY to $22.3B, vs. $22.2B est., Client revenue down 12% to $11.7B, and Infrastructure revenue down 6% to $9.3B; DELL jumps 15%+
and lifting Nvidia, AMD shares O'Ryan Johnson / CRN : Dell COO Jeff Clarke Says 2024 'Didn't Go As Planned' But Expects AI-Fueled Rebound Thurrott : Dell Records Double-Digit Reven...
2024-02-22
Nvidia's GPU boom continues, projects Q1 revenue of $24 billion, up more than $20 billion a year ago. $NVDA CFO says: “In the fourth quarter, large cloud providers represented more than half of our Data Center revenue, supporting both internal workloads and external customers....
CNBC
Nvidia reports Q4 revenue up 265% YoY to $22.1B, vs. $20.62B est., Data Center revenue up 409% to $18.4B, Q1 revenue forecast above estimates; NVDA jumps 15%+
- Nvidia reported earnings after the bell that beat Wall Street expectations for earnings and sales, and said revenue during …
2023-12-12
Oracle's Q2 mixed as revenue falls short, cloud sales sequentially flat. CEO Catz: “The only limiting factor is our ability to get the data centers handed over and filled up fast enough. This quarter alone, we're talking about hundreds of millions of dollars that we would have...
CNBC
Oracle reports Q2 revenue up 5% YoY to $12.94B, vs. $13.05B est., net income up 44% to $2.5B, and cloud and on-premise revenue down 18% to $1.18B; ORCL drops 8%
Jordan Novet / CNBC :
2023-12-01
From @Dell earnings: “The demand environment for traditional servers improved over the course of the quarter, and demand for AI servers continues to be strong across a wider range of customers.” via @constellationr https://www.constellationr.com/ ...
Bloomberg
Dell reports Q3 revenue down 10% YoY to $22.3B, vs. $23B est., Client Solutions revenue down 11% YoY to $12.3B, and expects ~$22B in Q4 revenue, vs. $23.9B est.
Brody Ford / Bloomberg :
2023-11-14
“Programming by typing C++ or Python yourself might eventually seem as ridiculous as issuing instructions in binary onto a punch card...maybe the thing to teach isn't a skill but a spirit.” https://www.newyorker.com/...
New Yorker
A eulogy for coding, which has always felt like an endlessly deep and rich domain, after ChatGPT swallowed knowledge and skills that take lifetimes to master
Coding has always felt to me like an endlessly deep and rich domain. Now I find myself wanting to write a eulogy for it.
2023-05-24
33 mentions of Copilot in this one. Over under was 30. Microsoft Build brings AI tools to the forefront for developers https://blogs.microsoft.com/ ...
The Official Microsoft Blog
Microsoft plans to adopt the same plugin standard that OpenAI introduced for ChatGPT, enabling interoperability across ChatGPT and Microsoft's Copilot offerings
We are showcasing how AI is redefining what developers build, as well as how AI is accelerating new business value. … Mastodon: Ken Yeung / @thekenyeung@mastodon.social : Imagine b...
2023-05-09
Qualcomm doubles down on its Snapdragon for autos efforts. Company to Acquire Autotalks. $QCOM had $1.8 billion in Auto and IoT revenue in latest quarter. https://www.qualcomm.com/...
TechCrunch
Qualcomm acquires Israel-based Autotalks, a fabless chipmaker that improves safety in bikes, cars, and other vehicles, sources say for between $350M and $400M
Ingrid Lunden / TechCrunch :
2023-04-14
Interesting comments on LLMs, cloud, $AMZN ads and logistics. Andy Jassy's 2022 Letter to Shareholders https://www.aboutamazon.com/ ...
The Hollywood Reporter
Filing: Amazon paid Andy Jassy $1.3M in 2022 after he got a $200M+ stock grant in 2021; in his first annual letter, Jassy talks efficiency, ads, LLMs, and more
Jassy had earned $212 million in 2021. — Amazon CEO Andy Jassy saw his 2022 compensation crater in 2022 …
2023-04-13
Interesting comments on LLMs, cloud, $AMZN ads and logistics. Andy Jassy's 2022 Letter to Shareholders https://www.aboutamazon.com/ ...
The Hollywood Reporter
Filing: Amazon paid Andy Jassy $1.3M in 2022, after awarding him a $200M+ stock grant in 2021; Jassy talks efficiency, ads, LLMs, and more in his annual letter
Jassy had earned $212 million in 2021. — Amazon CEO Andy Jassy saw his 2022 compensation crater in 2022 …
Interesting comments on LLMs, cloud, $AMZN ads and logistics. Andy Jassy's 2022 Letter to Shareholders https://www.aboutamazon.com/ ...
Wall Street Journal
AWS begins offering customers access to LLMs by Anthropic, Stability AI, AI21 Labs, and AWS, aiming to become a neutral platform for generative AI features
The world's largest cloud provider wants to become the Switzerland of generative AI and let companies pick their own software and models
2022-10-12
Take that doubters. 😀Meta's Quest Store hits $1.5 billion in total revenue to date. I'd still take a dividend over the metaverse investment. https://techcrunch.com/... via @techcrunch
TechCrunch
Meta says the Quest Store has generated $1.5B revenue to date from apps and games; over one-third of its 400 titles grossed $1M+ and 33 grossed $10M+
2022-09-14
Meta announces Discord-like ‘Community Chats’ on Messenger https://techcrunch.com/... via @techcrunch Outsourced R&D (a pleasant way to say we'll copy rivals everywhere) at work...again.
TechCrunch
Meta plans to test Discord-like “Community Chats” in Messenger and Facebook Groups, offering categories, audio and video channels, admin-only chats, and more
Amanda Silberling / TechCrunch :
2022-08-02
Pinterest CFO: “Many of our advertising partners, especially larger retailers, are experiencing supply chain issues, inflation and weakening consumer demand. These conditions are weighing on advertisers' ability to spend.” https://www.techmeme.com/...
CNBC
Pinterest reports Q2 revenue up 9% YoY to $666M, vs $667M est., global MAUs down 5% YoY to 433M, vs 431M est., and a net loss of $43M; stock jumps 20%+
Jonathan Vanian / CNBC : Source: Pinterest .
2022-05-24
Zoom $ZM delivered a solid Q1 and raised its earnings outlook. Growth in Asia, US and flat in EMEA. 2,916 customers contributing more than $100K in trailing 12 month revenue. Enterprise revenue up 31%. Here's the deck. https://investors.zoom.us/... https://twitter.com/...
CNBC