Tag: Enterprise
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OpenAI hasn’t held pre-IPO investor meetings or set timeline yet, sources say
OpenAI said it confidentially filed its prospectus with the SEC earlier this month, but noted it “may be a while” before it goes public.
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Microsoft lifts price of Xbox consoles due to soaring component costs
Microsoft said it’s increasing the price of Xbox game consoles after Apple announced price hikes for MacBooks and iPads.
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Micron is tech’s new margin king as memory crisis pushes company past Nvidia and Meta
Micron said in its earnings report that its gross margin jumped to 84.9% from 39% a year ago.
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Anthropic accuses Alibaba of campaign to ‘brazenly’ and ‘illicitly’ extract AI capabilities
The letter, which was obtained by CNBC, claims Alibaba carried out “the largest known distillation attack on Anthropic to date.”
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Nvidia’s Huang calls black market data centers made of smuggled parts a ‘dead end’
Washington regulators and the Trump administration are increasingly wary of China getting ahold of advanced AI software and hardware.
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Cerebras CEO says margin forecast was ‘misunderstood’ as stock plummets after earnings
AI chipmaker Cerebras has a staggered lock-up expiration that includes some shares becoming available for trading this week.
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Qualcomm inks deal for AI startup Modular to bolster software stack, data center buildout
Qualcomm is looking to expand its position in the data center market as AI demand skyrockets.
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Cerebras reports 92% revenue growth in chipmaker’s first earnings report since IPO
Cerebras went public on the Nasdaq in May, giving Wall Street access to a pureplay AI company.
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Alphabet paces for worst day in a year on AI concerns after high-profile exits
Google parent Alphabet has seen consecutive high-profile artificial intelligence researchers leave.
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Meta’s WhatsApp head to step down, will be replaced by Indian fintech founder Kunal Shah
Will Cathcart will step down as the head of WhatsApp and move into another role at the company. Kunal Shah will take over.
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