Super Micro's in-house liquid cooling solutions for servers have helped it get products to the market quicker than its competitors, who rely partly on third-party vendors. Its close relations with chip giants Nvidia and Advanced Micro Devices, whose headquarters are less than 10 miles from Super Micro's, help it receive early samples of chips to check prototypes, giving it further advantage over rivals. Super Micro's stock, which has nearly tripled so far this year, was added to the S&P 500...
In a challenging market environment, Match Group, the parent company of dating apps Tinder, Hinge and OkCupid, is reportedly expecting lower than estimated quarterly revenue. The Dallas-based company has been grappling with weaker discretionary spending by users amid an uncertain economy, Reuters reported Tuesday (May 7). Match Group said Tuesday that its revenue growth is anticipated to be at the lower end of […]
Performance was consistent at Microsoft's Azure and Google Cloud, which grew above expectations at 31 percent and 28 percent, respectively, in the first three months of the year
RunPod’s platform attracts over 100,000 developers with focus on iteration speed and ease of use.
Chipmaker AMD is poised to power the surging demand for AI compute with its wide range of product portfolio, the company's Chief Technology Officer Mark Papermaster said on Friday. AI compute refers to processing of data using artificial intelligence or machine learning algorithms. Marking 55 years of AMD (Advanced Micro Devices), Papermaster in a blog post looked back on five years of growth and innovations at the company, while also looking ahead to the next five years. He said the future of...
Super Micro is now a component of the S&P 500 index. The company's growth accelerated to 200% from 103% in the previous quarter, but revenue still missed.
AI BOOSTS GROWTH FOR CLOUD GIANTSIn the January-to-March quarter, Amazon’s cloud computing arm Amazon Web Services, Microsoft’s Azure and Google Cloud grew at 17%, 31% and 28%, respectively, the companies reported. Analysts said this was a sign that AI is contributing to the growth and that overall cloud spending is also accelerating, Reuters reported. On the other hand, Meta CEO Mark Zuckerberg in its earnings call emphasised the company’s longterm investment in AI, which led to its shares...
Revolutionizing AI Security: Enkrypt AI debuts the ground-breaking LLM Safety Leaderboard at the RSA conference, setting the benchmark of transparency and security in AI technology. Smart Choices, Safer Tech, Faster Adoption: With the LLM Safety Leaderboard, enterprises can swiftly identify the safest and most reliable AI models for their needs by understanding their vulnerabilities and … Read More → "Enkrypt AI Unveils LLM Safety Leaderboard to Enable Enterprises to Adopt Generative AI Safely...
To preserve the usefulness of its rankings as early adopters defect to ChatGPT, Bing, and Perplexity, Google just completed rolling out the largest algorithm update in the company’s history. But search marketing experts and business owners say spam is still commanding top-ranking positions, calling into question Google’s ability to deliver the best search results in the brave new world of generative AI. “I’ve never seen as much spam in Google’s results so blatantly in top positions,” says...
Coinbase (COIN) delivered strong first-quarter earnings, surpassing Wall Street's estimates on both the top and bottom lines. The cryptocurrency exchange reported revenue of $1.64 billion, beating estimates of $1.32 billion, while its adjusted earnings per share (EPS) stood at $4.40, surpassing the $1.07 projection. To provide insight into Coinbase's results, Kindred Ventures Founder and Managing Partner Steve Jang joins Market Domination Overtime. Jang names the approval of bitcoin ETFs as a...
BULAWAYO councillors have demanded that its finance committee should furnish them with details showing revenue generated from all council assets so as To access this post, you must purchase a subscription. Please click the button below to visit our subscriptions page to select a package. Subscriptions
Senior said it expects that its aerospace business will see "good growth" this year due to the increasing number of aircrafts being built.