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Amazon’s chip business has reached an annual revenue run rate of more than $20 billion, CEO Andy Jassy said on Thursday in his annual shareholder letter, up from the more than $10 billion Jassy disclosed on an analyst call in February. Amazon sells access to standard Graviton CPU chips as ...
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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Profit per available room is what truly moves the needle, said these leaders from Marriott and Mandarin Oriental. Read more ›
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Microsoft's Xbox hardware revenue continues to tumble, with the company revealing a 33 percent decline as part of its earnings report released on Wednesday. Even though the rest of Microsoft's consumer-focused division took a dip, the company's cloud and productivity businesses continue to soar, driving the company toward $82.9 billion in revenue. Along with declining […] Read more ›
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The latest Google TV update brings YouTube Shorts to the home screen this summer via a new "Short videos for you" row, with no confirmed opt-out controls. Read more ›
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Steam on PS5? The project will let you bring your PC games to the living room. Read more ›
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Researchers show scammers are using AI-manipulated footage of celebrity interviews to trick users into sharing their personal data. Read more ›
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SpaceX warns investors that orbital AI data centers face unproven technology risks, harsh space conditions, and economic challenges that may prevent viability. Read more ›
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The company has introduced sweeping organizational shifts and mandates to work faster and leaner. Read more ›
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Google Search queries hit an "all time high" in the first quarter of 2026, according to a statement from CEO Sundar Pichai published as part of Alphabet's earnings on Wednesday. "Our AI investments and full stack approach are lighting up every part of the business," Pichai says. "Search had a strong quarter with AI experiences […] Read more ›
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Apple is developing a set of AI smart glasses to rival products like the Meta Ray-Bans, and MacRumors has learned a few more details about Apple's work on the device from an inside source. The AI glasses will include two cameras. A high-resolution camera will be included for capturing photos and videos that can be shared on social media and used like iPhone photos. A second lower-resolution wide-angle lens will... Read more ›
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The tech giant signed an artificial intelligence deal with the defence department on Monday Read more ›
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We live in a world where you can get a free phone of choice at almost any moment. The US wireless industry is setup in a way that puts the best phones in your hand as long as you are willing to commit to carriers for several years. Verizon, AT&T, and T-Mobile will all give... Read the original post: Truth About Verizon, AT&T, and T-Mobile “Free” Phones Read more ›
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The FOMC held rates steady in their April meeting. It's Chair Jerome Powell's last before likely successor Kevin Warsh takes the helm. Read more ›
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Maybe you've seen the 1987 movie, but you haven't seen anything like this, especially on stage. Read more ›
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Tesla's HW3 owners paid up to €6,400 for autonomous driving. Seven years later, what's on offer is a supervised, stripped-down update that still requires a human behind the wheel. Read more ›
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The Information
Microsoft on Wednesday named longtime LinkedIn executive Daniel Shapero as CEO of the corporate social network and said former LinkedIn CEO Ryan Roslansky will oversee Microsoft’s core Office 365 apps. Roslansky had been LinkedIn’s CEO since 2020, and last summer was promoted by Microsoft CEO ... Read more ›
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ServiceNow reported 22% growth in revenue for the first quarter, to $3.77 billion, a faster rate of growth than what the enterprise software firm reported for the fourth quarter. But ServiceNow’s stock plummeted more than 13% in after-hours trading, possibly a response to the company’s ... Read more ›
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Tesla revenue reached $22.4 billion in the first quarter, a 16% year-over-year increase showing that the electric vehicle maker has started to dig its way out of a sales slump. The revenue figure is slightly better than the same period in 2024 but well below the $24.3 billion in revenue Tesla ... Read more ›
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OpenAI is in discussions to invest up to $1.5 billion in a private equity joint venture called DeployCo, according to a person with knowledge of the effort. The ChatGPT maker is in talks to invest $500 million initially in DeployCo, which is expected to be valued at $10 billion. OpenAI has the ... Read more ›
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Tesla’s earnings calls are usually freewheeling affairs, with pulsating electronic music and wildly optimistic projections from CEO Elon Musk, who often likes to crack crude jokes and giggle. Today was different. Instead of the typical sci-fi rhapsodies about self-driving vehicles taking over the world and robots solving poverty, Musk spent much of the call talking about constraints on his vision for Tesla. For example, when asked when production would start... Read more ›
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Chinese tech giants Tencent and Alibaba are in talks to invest in DeepSeek, the AI upstart that recently started fundraising for the first time, The Information reported on Wednesday. DeepSeek, owned by Chinese hedge fund High-Flyer Capital Management, is now seeking to raise funding at a ... Read more ›
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Nvidia has not yet sold any H200 to China, despite the Trump administration’s approvals months ago for the powerful chips to be exported to the country, Commerce Department Secretary Howard Lutnick said on Wednesday at a Senate hearing, according to Reuters. “The Chinese central government has ... Read more ›
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Netflix said its board had authorized a new $25 billion stock buyback program. The new program follows a 13% slide in Netflix’s stock price since its first quarter earnings disappointed investors a week ago. The video streaming stock has never recovered the levels it was trading at last fall, ... Read more ›
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Major insurers including Berkshire Hathaway, Chubb and Travelers are taking steps to cut AI-related damages from corporate insurance policies, and U.S. state regulators are giving them the green light. Insurers are trying to get ahead of risks from companies that use generative artificial intelligence to automate tasks, stoked by the fast pace of model improvements. Executives at major insurance brokers, including Aon, Gallagher and Lockton, say that if insurers make... Read more ›
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Hours after Anthropic said it was investigating a report that users had gained unauthorized access to its ballyhooed Mythos model, OpenAI accidentally made a slate of its own unreleased models available on its Codex app. The breaches are a reminder that Anthropic and OpenAI have plenty of their own cybersecurity issues even as they help other organizations fortify their systems for a new era of AI-powered cyberattacks.Anthropic has gone to... Read more ›
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29.04.2026 16:53
Last update: 16:46 EDT.
News rating updated: 23:41.
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