Sources say the U.S. plans to award billions in subsidies to Intel, TSMC, and other chip makers in the coming weeks.
rumored 1 article 2024-01-27
United States government Intel TSMC other chip makers
A free or freemium app with 2,000,000 annual first installs would incur over €540,000 per year in Core Technology Fees (at €0.50 per first install) even if it earns no revenue.
confirmed 1 article 2024-01-26
free or freemium apps €0.50 per first install 2,000,000 annual first installs $540,000+ per year
Apple's €0.50 Core Technology Fee in the EU would lead to a free or freemium app with 2M annual “first installs” paying $540K+ a year even if no money is earned
MacRumors · 2024-01-26 · #3
Sierra plans to raise $85M in a funding round led by Sequoia.
rumored 1 article 2024-01-26
Sierra Sequoia
Source: Sierra, an enterprise-focused AI startup co-founded by Bret Taylor, plans to raise $85M led by Sequoia at a ~$1B valuation; Taylor is on OpenAI's board
Bloomberg · 2024-01-26 · #35
OpenAI announces a 25% to 50% price reduction for GPT-3.5 Turbo.
confirmed 1 article 2024-01-26
OpenAI GPT-3.5 Turbo
OpenAI announces 25% to 50% lower GPT-3.5 Turbo prices, a GPT-4 Turbo preview model to reduce cases of “laziness”, improved text embedding models, and more
TechCrunch · 2024-01-26 · #45
Strong demand for AI services is cited as the driver behind IBM's stock and market cap gains.
confirmed 1 article 2024-01-26
IBM AI services
IBM's stock closes up 9.49%, at its highest level since June 2013, adding ~$20B to its market cap and up nearly 20% year-to-date, on strong AI services demand
Reuters · 2024-01-26 · #42
The stock rally added approximately $20 billion to IBM's market capitalization.
confirmed 1 article 2024-01-26
IBM
IBM's stock closes up 9.49%, at its highest level since June 2013, adding ~$20B to its market cap and up nearly 20% year-to-date, on strong AI services demand
Reuters · 2024-01-26 · #42
IBM's stock closed up 9.49% to its highest level since June 2013 and is up nearly 20% year-to-date.
confirmed 1 article 2024-01-26
IBM
IBM's stock closes up 9.49%, at its highest level since June 2013, adding ~$20B to its market cap and up nearly 20% year-to-date, on strong AI services demand
Reuters · 2024-01-26 · #42
Intel's stock (INTC) drops more than 10% following the results and below‑estimate guidance.
confirmed 1 article 2024-01-26
Intel INTC down 10%+
Intel reports Q4 revenue up 10% YoY to $15.4B vs. $15.15B est., Data Center and AI down 10% YoY to $4B, and Q1 revenue guidance below estimates; INTC drops 10%+
CNBC · 2024-01-26 · #41
Intel issues Q1 revenue guidance that is below analyst estimates.
confirmed 1 article 2024-01-26
Intel
Intel reports Q4 revenue up 10% YoY to $15.4B vs. $15.15B est., Data Center and AI down 10% YoY to $4B, and Q1 revenue guidance below estimates; INTC drops 10%+
CNBC · 2024-01-26 · #41
Intel's Data Center and AI revenue declined 10% year-over-year to $4.0B in Q4.
confirmed 1 article 2024-01-26
Intel $4B down 10% YoY
Intel reports Q4 revenue up 10% YoY to $15.4B vs. $15.15B est., Data Center and AI down 10% YoY to $4B, and Q1 revenue guidance below estimates; INTC drops 10%+
CNBC · 2024-01-26 · #41
Intel reports Q4 revenue of $15.4B, up 10% year-over-year, beating estimates of $15.15B.
confirmed 1 article 2024-01-26
Intel $15.4B up 10% YoY vs $15.15B est.
Intel reports Q4 revenue up 10% YoY to $15.4B vs. $15.15B est., Data Center and AI down 10% YoY to $4B, and Q1 revenue guidance below estimates; INTC drops 10%+
CNBC · 2024-01-26 · #41
Bastille raises a $44M Series C funding round led by Goldman Sachs' venture arm.
confirmed 1 article 2024-01-26
Bastille $44M Series C Goldman Sachs' venture arm
Bastille, which uses hardware sensors for wireless monitoring to stop espionage in offices, raised a $44M Series C led by Goldman Sachs' venture arm
Axios · 2024-01-26 · #39
Taiwan plans to spend about $7.4M to develop the Trustworthy AI Dialogue Engine (Taide), an LLM for businesses, banks, and other customers, intended to counter China's influence.
confirmed 1 article 2024-01-26
Taiwan Trustworthy AI Dialogue Engine (Taide) China's influence
Taiwan plans to spend ~$7.4M on the Trustworthy AI Dialogue Engine, or Taide, an LLM for businesses, banks, and other customers, to counter China's influence
Bloomberg · 2024-01-26 · #37
Sources say chipmaking startup Cerebras is considering an IPO as soon as this year at a valuation above the $4B it achieved in its $250M Series F in 2021.
rumored 1 article 2024-01-26
Cerebras IPO valuation > $4B $250M Series F (2021)
Sources: chipmaking startup Cerebras is weighing an IPO as soon as this year at a valuation higher than the $4B it achieved for its $250M Series F in 2021
Bloomberg · 2024-01-26 · #36
Sierra is reported to be seeking a valuation of approximately $1 billion in the planned raise.
rumored 1 article 2024-01-26
Sierra
Source: Sierra, an enterprise-focused AI startup co-founded by Bret Taylor, plans to raise $85M led by Sequoia at a ~$1B valuation; Taylor is on OpenAI's board
Bloomberg · 2024-01-26 · #35
Krutrim raised a $50M first round led by Matrix Partners India at a $1B valuation.
confirmed 1 article 2024-01-26
Krutrim Matrix Partners India $50M $1B valuation
Ola Group CEO Bhavish Aggarwal's Krutrim, which is building a multilingual LLM, raised a $50M “first round” led by Matrix Partners India at a $1B valuation
TechCrunch · 2024-01-26 · #33
Sources say Lightspeed Venture Partners seeks to roll stakes in 10 startups (worth about $1B) into a private equity-style continuation fund to let investors cash out.
rumored 1 article 2024-01-26
Lightspeed Venture Partners stakes in 10 startups (worth ~$1B) private equity-style continuation fund
Sources: Lightspeed Venture Partners seeks to sell stakes in 10 startups, worth ~$1B, to a private equity-style continuation fund, to let investors cash out
Financial Times · 2024-01-26 · #18
The seven-year-old Nintendo Switch has sold over 132 million units.
confirmed 1 article 2024-01-26
Nintendo Switch
Omdia: Nintendo plans to introduce a new Switch gaming console in 2024 with an 8" LCD screen; the current seven-year-old Switch has sold over 132M units
Bloomberg · 2024-01-26 · #16
xAI is reportedly in talks to raise up to $6B from family offices in Hong Kong and sovereign wealth funds in the Middle East at a $20B valuation.
rumored 1 article 2024-01-26
xAI family offices in Hong Kong sovereign wealth funds in the Middle East up to $6B $20B valuation
Sources: Elon Musk's xAI is in talks to raise up to $6B from family offices in Hong Kong and sovereign wealth funds in the Middle East at a $20B valuation
Financial Times · 2024-01-26 · #10
Apple will charge third-party app store operators a 'core technology fee' of €0.50 per download beyond the first one million downloads.
confirmed 1 article 2024-01-26
Apple third-party app store operators
Apple plans to “notarize” iOS apps distributed via third-party app stores; apps will need to meet basic platform requirements, like getting scanned for malware
The Verge · 2024-01-26 · #6
Rario's planned closure is reported to leave users with losses.
confirmed 1 article 2024-01-25
Rario users
Indian cricket NFT startup Rario plans to close on January 29 and relaunch in March 2024, leaving users with losses; Rario raised a $120M Series A in April 2022
The Economic Times · 2024-01-25 · #27
Apple reached the top position in China's smartphone market for the first time in 2023 with a 17.3% market share.
confirmed 1 article 2024-01-25
Apple China smartphone market 17.3% market share first_time
Chinese smartphone shipments declined 5% YoY to 271.3M units in 2023; Apple gained the top spot, a first, with 17.3% market share, followed by Honor with 17.1%
IDC · 2024-01-25 · #5
SK Hynix reports Q4 revenue up 47% year-over-year to about $8.4B and an operating profit of about $295M, beating estimates (which had forecast roughly a $127M loss); this marks the company's first quarterly profit in over a year.
confirmed 1 article 2024-01-25
SK Hynix Q4 revenue operating profit
SK Hynix reports Q4 revenue up 47% YoY to ~$8.4B, beating est., and a ~$295M operating profit, vs. estimates of a ~$127M loss, its first profit in over a year
Bloomberg · 2024-01-25 · #31
Sources report Shein's shareholders offered to sell stock on the private market at a $45B-$55B valuation in late 2023, down from about $66B in May 2023.
rumored 1 article 2024-01-25
Shein's shareholders private market $45B-$55B valuation May 2023 ~$66B valuation
Sources: Shein's shareholders offered to sell stock on the private market at a $45B-$55B valuation in late 2023, down from Shein's ~$66B valuation in May 2023
Bloomberg · 2024-01-25 · #29
Twitch removes the $100,000 cap for the 70/30 revenue share tier.
confirmed 1 article 2024-01-25
Twitch 70/30 revenue share $100K cap
Twitch changes the Prime Gaming subscription payout model to a fixed rate, expands the Partner Plus Program, and removes the $100K cap for 70/30 revenue share
The Verge · 2024-01-25 · #38
Twitch changes the Prime Gaming subscription payout model to a fixed rate.
confirmed 1 article 2024-01-25
Twitch Prime Gaming subscription
Twitch changes the Prime Gaming subscription payout model to a fixed rate, expands the Partner Plus Program, and removes the $100K cap for 70/30 revenue share
The Verge · 2024-01-25 · #38
IBM shares jump more than 8% following the Q4 results.
confirmed 1 article 2024-01-25
IBM stock +8%
IBM reports Q4 revenue up 4% YoY to $17.38B, vs. $17.30B est., software revenue up 3% YoY to $7.51B, and net income of $3.29B, up from $2.71B YoY; IBM jumps 8%+
CNBC · 2024-01-25 · #35
IBM reports Q4 net income of $3.29B, up from $2.71B a year earlier.
confirmed 1 article 2024-01-25
IBM $3.29B up from $2.71B YoY
IBM reports Q4 revenue up 4% YoY to $17.38B, vs. $17.30B est., software revenue up 3% YoY to $7.51B, and net income of $3.29B, up from $2.71B YoY; IBM jumps 8%+
CNBC · 2024-01-25 · #35
IBM's software revenue in Q4 rose 3% year-over-year to $7.51B.
confirmed 1 article 2024-01-25
IBM software revenue $7.51B up 3% YoY
IBM reports Q4 revenue up 4% YoY to $17.38B, vs. $17.30B est., software revenue up 3% YoY to $7.51B, and net income of $3.29B, up from $2.71B YoY; IBM jumps 8%+
CNBC · 2024-01-25 · #35
IBM reports Q4 revenue of $17.38B, up 4% year-over-year, beating estimates of $17.30B.
confirmed 1 article 2024-01-25
IBM $17.38B up 4% YoY $17.30B est.
IBM reports Q4 revenue up 4% YoY to $17.38B, vs. $17.30B est., software revenue up 3% YoY to $7.51B, and net income of $3.29B, up from $2.71B YoY; IBM jumps 8%+
CNBC · 2024-01-25 · #35