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… The increased presence in AI is also driving the company to spend more — capital expenditures reached $18.37 billion. “We’re building AI compute capacity at scale faster than anyone else, we believe, and we’re significantly improving our AI models,” Elon Musk said on an investor call. …
… That doesn’t necessarily scale with AI compute. It does in a little way, but not from our pricing standpoint. What we’re now reckoning with with this Cervo acquisition and some of our agentic workflows that we built ourselves is having agents do work. Agents can run up a lot of compute. …
… You’ll hear it: when I asked Sean to describe LexisNexis to me, the first word he said wasn’t “law” or “data,” it was “AI.” The goal is for the LexisNexis AI tool, called Protégé, to go beyond simple research, and help lawyers draft the actual legal writing they submit to the court in support of th… …
… To me, the excitement about space-based data centers suggests typical Silicon Valley groupthink that gave Musk a chance to execute a hail-mary pass. Debt bets By stapling several failing businesses onto SpaceX, Musk is attempting to become too big to fail. …
… There’s a world in which the website is just the backend database for a very complicated Google system that is doing all of the things that you’re talking about. Is there a hedge against that or is that train just on the tracks? It’s a little bit of a hedge against that. …
… But I’m saying the growth of the business, the explosive growth that everyone is seeing, is in AI, right? It’s in building these new generation of data centers, this new generation of compute. …
… In an internal memo to Xbox employees, seen by Notepad, Sharma revealed last week that there’s reason to be optimistic. “Growth slowed down and subscriber loss accelerated after the pricing and SKU changes last year,” said Sharma. “Since our price reduction we have seen acquisitions grow and retent… …
… You look at the Cursor acquisition they’re trying to pay for to get back in the game. You also look at this very interesting deal that the company has with Anthropic to rent out its compute from one of its main data centers that it built in Tennessee. …
… This is the first major acquisition that Netflix has done. The biggest one before this was for the Roald Dahl library for more than half a billion. That’s up against the Paramount side, where the cool has been gone for years, or for decades even. …