Raspberry Pi leans into semiconductors as sales climb
…Gross profit was $77.8 million, up 23 percent, and the group reported a 73 percent increase in earnings per share to 11.22 cents. Growth is still there, but DRAM inflation…
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Memory-makers' shares are down. Don't blame Google
…The value of Micron Technology’s scrip has slumped in the dozen days since it announced enormous growth in revenue and profits. Western Digital’s share price fell 8.5 percent on…
Alibaba has made 470,000 AI chips, admits they’re inferior
…Alibaba’s revenue for the quarter landed at $40.7 billion, representing two percent growth. Execs pointed out that had it not sold some businesses, growth would have been nine percent. MORE…
OpenAI's $122B in funding comes at a perilous moment
…Despite announcing surging profits, Microsoft saw its share price drop 6 percent as investors voiced concerns about the rampant capex growth it needs to support AI demand. The world doesn't just…
Google's fiber biz and Stonepeak’s Astound Broadband merge
…Alphabet says it will remain a significant minority shareholder, reflecting its "confidence in GFiber's growth opportunity and leadership." Astound Broadband was formed from the amalgamation of several other broadband providers, and…
World's blandest man steps down from CEO job
…Annual revenues and profit have grown roughly 4x, to approximately $416 billion and $112 billion respectively in Cupertino's last fiscal year ending September 27. That's massive growth from a massive…
US PC shipments to fall 13% as memory costs surge
…This is because the firm has been unable to secure supplies of the necessary flash silicon as it is more profitable for chipmakers to provide flash for enterprise SSDs destined for AI…
HMRC hands £473M migration deal to AWS after rivals walk
…MORE CONTEXT HMRC boss defends shift to AWS, says they got 50% knocked off Amazon gets its tax excuses in early amid rising UK profits – but leavesEl Regoff the press list. Can…
Here's why most AI initiatives crash at pilot stage
…AI, has become popular among enterprises because of a promised step change in productivity and profitability. But the shocking truth is that most generative AI initiatives are getting quietly canceled while still…
I vibe coded web app: It was enlightening and uncomfortable
…It's the people who would use AI to profit while evading responsibility and liability. Every AI failure to date follows from some person's decision to implement an AI system without…