Snap surges 10% as it gets a major boost from AI and paid subscribers
Snap surged 10% after reporting third-quarter earnings. Snap rose 10% in late trading after reporting third-quarter revenue that beat…
Google CEO says more than a quarter of the company’s new code is created by AI
Google is all in on AI — both inside and outside the company. More than a quarter of new…
Google’s been on an efficiency drive. Its new CFO said it can ‘push a little further.’
Google CFO Anat Ashkenazi Google has spent the past couple of years getting its business into shape through layoffs…
Wall Street is bullish on Amazon earnings despite uncertainty around consumer spending, rising investment costs
Amazon CEO Andy Jassy Wall Street is gearing up for Amazon to deliver strong quarterly financial results after the…
AMD CEO Lisa Su says GPU and CPU sales are nearly equal. Wall Street thinks that’s not enough.
AMD CEO Lisa Su If the central processing unit was the engine of the first age of computing, the…
AMD still has a gap to close with Nvidia’s AI chips
Lisa Su is chairwoman and CEO of Advanced Micro Devices (AMD) During Advanced Micro Devices’ third quarter earnings call…
Former Google CEO Eric Schmidt says future wars will be fought by AI drones and calls tanks ‘useless’
Eric Schmidt Ex-Google CEO Eric Schmidt said future wars will be fought by AI-powered drones, and urged the US…
Read the letter sent to AWS CEO Matt Garman, signed by 500 employees, protesting his RTO comments
Amazon Web Services’ CEO Matt Garman addressed its RTO policy in an all-hands meeting. Amazon Web Services CEO Matt…
Y Combinator cofounder Paul Graham lays out why he’s voting for Kamala Harris
Paul Graham said he’s voting for Kamala Harris, and added that other moderates should too. Veteran investor Paul Graham…
Big Fidelity funds own more than $100 million in OpenAI stock, filings show
OpenAI CEO Sam Altman. Several big Fidelity funds have stakes in OpenAI that the mutual fund giant valued at…