Tech

The memory chip crunch is paying off for this US company

Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company's profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.

Qualcomm reveals Meta as first Big Tech customer for data centre chips

Announcement of deal along with higher revenue outlook boost shares as much as 15%

Qualcomm Inc

The latest news, analysis and opinion on Qualcomm Inc. In-depth analysis, industry insights and expert opinion

People Inc. CEO Says It's 'Probably' Headed for a Confrontation with Google Over AI Crawling

From ChatGPT to Gemini: How AI Is Rewriting the Internet

Agility Robotics is headed to Wall Street

Agility Robotics aims to go public via a $2.5 billion SPAC merger, focusing on expanding its humanoid Digit robots.

This Week in the Big AI Data Center Buildout

AI data center projects are continuing to pop up across the US, with frequent opposition from locals concerned about their impact. Here are a few recent articles about the projects:

Micron's revenue quadrupled as AI memory demand pushes gross margins above 81 percent

Micron Q3 revenue hit $41bn, quadrupling year-over-year on surging AI memory demand, with gross margins above 81 percent and Q4 guidance of $50bn.

Underpromise, Overdeliver? Hands-on With The $24,950 Slate Auto

LOS ANGELES—Slate Auto has pulled a Disneyland. Let me explain.

Companies are scrambling to stop employees from maxing out AI budgets with small tasks

The tokenmaxxing era was brief. We now appear to be entering the era of token rationing.

The AI coding craze gave GitHub its best month ever

Usage of the company's Copilot AI coding tool surged after GitHub changed how it bills customers, the executive said.

FCC plans ID mandate that could block anonymous use of prepaid burner phones

Privacy advocates and domestic violence groups say ID mandate is a big mistake.

Qualcomm lands Meta as first named customer for its Dragonfly data centre chips

Qualcomm signed Meta as the first customer for its Dragonfly C1000 data centre chip, due in 2028, and confirmed a $3.9bn Modular acquisition.