… Ford’s nascent energy-storage business — a fraction in size to Tesla’s and won’t be ready until next year — helped its stock jump more than it has in years . Redwood Materials raised $425 million from blue chip companies like Google and Nvidia by pivoting to data center energy storage . …
… For all we know, the enterprise networking and carrier infrastructure businesses are losing money as well as the AI portion of the datacenter business. Marvell was just barely profitable before its AI pivot a few years back, and we think this is the likely scenario. …
… On April 15, Allbirds announced that it had received a $50 million injection of funds from an “institutional investor” and was now going to “pivot” from shoes to “AI compute infrastructure.” In a press release announcing the odd news, the company added that the long-term plan is to “become a fully … …
… Sega's business development efforts did not progress as planned, resulting in profitability falling short of forecasts. …
… ASUS's "Infrastructure Solutions Group" has significantly aided the company in pivoting towards the AI race, potentially giving them a hedge against uncertainity in the consumer business. …
… Definitely feels like NetEase have sent them a sternly worded letter, and I would not be surprised to see the same business spring up elsewhere under a different name. …
… This will be the first time that The Times has collaborated with a TV broadcaster for an entertainment-based program, representing yet another pivot in the media company’s attempt to build a sustainable digital subscription business as print revenue continues to decline. …
… We asked Wharton professor Gad Allon about the news, and he said, “Calling this a ‘pivot’ gives Allbirds too much credit.” “A pivot implies the company is redeploying some capability, whether technology, talent, or distribution, into a new market. …
… Visual pivots: Users will soon be able to drag and drop fields into a panel to pivot data into columns, rows, and aggregated values. …
… In response, Groq has pivoted to its neocloud business, it said. That business had been run by Madra after Groq acquired his AI data analytics company Definitive Intelligence, in 2024. …
