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Upbeat signals about the AI business are proliferating. The latest was chipmaking giant Taiwan Semiconductor Manufacturing Co.’s first-quarter report on Thursday, showing revenue growth of 40.6%, above the top end of its projected range. The company raised its full-year growth rate to above 30%. According to TSMC CEO C.C. Wei, “AI-related demand continues to be extremely robust.” Wei said he based that assessment both on comments from TSMC’s customers—it makes chips on behalf of various chip designers, led.
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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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Osler Deal Points Report found that AI captured 54 cents of every Canadian venture dollar last year. Read more ›
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The Glassworm botnet is no more, thanks to coordinated efforts between CrowdStrike, Google, and the Shadowserver Foundation. Read more ›
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What if AI isn't going to completely reshape humanity, but is just kind of a normal thing? Sam Altman, Jensen Huang, and Pope Leo are giving me hope. Read more ›
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Valve has significantly increased the price of the Steam Deck - but now, it's also in stock. The 512GB Steam Deck OLED now costs $789, up from $549, while the 1TB model costs $949, up from $649. As I write this, both models are available to buy on Steam with an estimated delivery date of […] Read more ›
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Wolverine, Cyclops, Rogue, Gambit, and the rest of the X-Men are back on Disney+ July 1. Read more ›
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At Arctic Edge conference, VCs offered a mea culpa while outlining why dual-use tech is here to stay. Read more ›
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PlayStation Plus Essential June 2026 games included Grounded, a former Xbox exclusive. Read more ›
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Signicat has integrated ID Austria, the country’s national digital identity, into its eID and Wallet Hub, giving the platform’s business customers a way to verify […] Read more ›
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At Most Ambitious: Town Hall, Dominion Dynamics CEO said procurement must move in weeks, not decades. Read more ›
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About a week after failing to secure shareholder approval, listed foodtech major Swiggy has signalled that it is working “constructively… Read more ›
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The agency is developing rovers and drones to establish a sustained presence on the lunar surface. Read more ›
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Pulling the weather in and updating my fitness plan is easier than ever. Read more ›
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Samsung's newest monitors are now available to purchase this week, including the Odyssey G8, ViewFinity S8, and Movingstyle Essential. All of these are available with a $50 launch discount, plus your choice of extras including up to $300 in Samsung credit on a future purchase, a free Music Studio speaker, or free Galaxy Buds4 Pro. Note: MacRumors is an affiliate partner with Samsung. When you click a link and make... Read more ›
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The Energy Department has selected five companies for advanced negotiations to use weapons-grade plutonium for fuel. Read more ›
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Luxome partners with LiquiDonate to donate returned weighted blankets to nonprofits, reducing landfill waste with AI-driven solutions. Read more ›
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If you're looking for Google's latest in fitness tracking paired with AI summaries of the data it's sending to your phone, this is it! Read more ›
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The Information
The White House’s Office of the National Cyber Director hosted a briefing Tuesday for companies including OpenAI, Anthropic and Reflection AI on a planned executive order on AI that will empower intelligence and other government agencies to review advanced models before the models are released, according to people familiar with the matter. President Donald Trump could sign the order as soon as Thursday, the people said. Representatives of cloud providers,... Read more ›
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Fintech startup Mercury said it raised $200 million at a $5.2 billion valuation shortly after receiving conditional approval from regulators for a bank license. The neobank, led by CEO and co-founder Immad Akhund, drew investment from TCV and existing venture firms such as Andreessen Horowitz, ... Read more ›
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Nvidia’s revenue grew 85% to $81.6 billion in the three months that ended April 26, the company said Wednesday. That’s 12 percentage points higher than the blistering growth the AI chip designer reported in the January quarter. It also projected revenue would grow 95% in the current fiscal ... Read more ›
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Intuit shares dropped around 14% in extended trading on Wednesday as the maker of QuickBooks and TurboTax reported revenue growth dipping to its slowest pace since 2024. Revenue in the fiscal third quarter, which ended April 30, climbed 10% from the previous year to $8.6 billion, much less than ... Read more ›
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SpaceX’s long-awaited public offering paperwork revealed fresh details about its unlikely partnership with Anthropic that are representative of the overall IPO story for Elon Musk’s company: Enormous potential, with risks everywhere. The company said Anthropic agreed to pay SpaceX $1.25 billion per month to rent capacity from both of its supersized data centers in Memphis, called Colossus and Colossus II. That deal, which would be worth about $40 billion through... Read more ›
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Anthropic could pay SpaceX up to $40 billion over the next several years to use compute from data centers, but either company has the power to call off the deal early, SpaceX revealed when it filed for an initial public offering on Wednesday. SpaceX is receiving $1.25 billion per month from ... Read more ›
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SpaceX showed a deteriorating financial profile in the first quarter after it absorbed xAI and prepared to go public. The company lost $4.3 billion in the quarter that ended in March, while generating $4.7 billion in revenue. Its revenue growth slowed to about 15% in the quarter, compared ... Read more ›
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Nvidia, wow. The AI chip giant did it again, delivering better than projected 85% revenue growth for its April quarter, the first in its 2027 fiscal year. Even better, Nvidia forecast 95% growth for the second quarter. Its fiscal 2027 is shaping up to be a firecracker, with sharply faster growth than last year’s still-stellar 66% rate of expansion. Nvidia is also printing cash: Free cash flow in the quarter... Read more ›
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Anthropic expects to generate $559 million in operating profit at the end of the June quarter, becoming profitable on an operating basis for the first time, according to a person with knowledge of the financials. A spike in revenue will drive the profit swing, which will take place about two ... Read more ›
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Anthropic is in talks to rent servers powered by Microsoft-designed AI server chips as it seeks more computing power to meet rising demand for its AI, according to two people who spoke to executives involved in the discussion. Winning Anthropic as a customer would be a coup for Microsoft, whose in-house chip design effort ran into delays last year. Microsoft wants to follow in the footsteps of cloud rivals Google... Read more ›
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27.05.2026 13:57
Last update: 13:50 EDT.
News rating updated: 20:52.
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