| CNBC: |
Apple reports a record $124.3B revenue in Q1, up 4% YoY, net income up 7.1% to $36.3B, China net sales down 11% to $18.5B, largest drop in China since Q1 2024 — Analysts are concerned about how Apple will signal the March quarter is shaking out.| Apple Inc.: |
| CNBC: |
| Juli Clover / MacRumors: |
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Sources: OpenAI is in early talks to raise up to $40B at a $340B valuation; the startup was last valued at $157B in October, when it raised $6.6B — SoftBank would lead $40 billion round for the ChatGPT maker, some of which would go to Stargate AI infrastructure venture.| Wall Street Journal: |
SoftBank, which sources say is in talks to invest $15B-$25B in OpenAI and $18B in Stargate, could borrow against its $140B+ Arm stake to fund the investments — Japanese conglomerate is in talks to spend up to $43 billion to boost the ChatGPT developer — In his newly built palace near Tokyo … | Abner Li / 9to5Google: |
Google announces a “voluntary exit program” for employees working in the Platforms & Devices group in the US, which includes Android, Chrome, Pixel, and more — Last year, the teams responsible for Pixel hardware and Android software were merged into one division … | Jordan Novet / CNBC: |
Intel reports Q4 revenue down 7% YoY to $14.26B, vs. $13.81B est., Data Center and AI down 3% YoY to $3.39B, and forecasts Q1 revenue below estimates — Intel issued disappointing quarterly guidance on Thursday, but reported earnings and revenue that topped estimates. Shares were up 3% after hours.| Wall Street Journal: |
Sources: Amazon is ramping up ad spending on X, as companies re-evaluate their stances in a changing political climate; source: Apple considers a return to X — Amazon is ramping up ad spending on Elon Musk's X, according to people familiar with the situation, a major shift after pulling … | Bloomberg: |
The US DOJ sues to block HPE's $14B acquisition of Juniper Networks, arguing the deal would harm competition in the enterprise wireless equipment — - Justice Department files complaint in California federal court — Company executives met with DOJ to discuss concerns this week| Tom Warren / The Verge: |
Sources: Nadella and Microsoft execs moved quickly to get engineers to test and deploy DeepSeek R1 on Azure and GitHub in 10 days, an unusually fast turnaround — Microsoft was ready for the next step in AI models. — Microsoft was ready for the next step in AI models.| VideoCardz.com: |
Nvidia updates its PC app and rolls out the new GPU drivers, bringing Multi Frame Generation to RTX 50 Series GPUs and DLSS transformer models to all RTX GPUs — NVIDIA DLSS4 released, Override feature now available — Following the launch of the GeForce RTX 5090 and 5080 … | MK Manoylov / The Block: |
Tether plans to bring USDT to the Bitcoin base layer again and to the Layer 2 protocol Lightning Network, following USDT expansions to Celo and other networks — - The integration is supported by Taproot Assets, a network that enables interoperability between stablecoins and other assets on the Bitcoin network.| Dylan Butts / CNBC: |
Samsung reports Q4 revenue up 12% YoY to ~$52.2B, vs. ~$51.9B est., operating profit up 132% YoY to ~$4.5B, vs. ~$4.7B est., and FY 2024 revenue of ~$207B — Samsung Electronics on Friday reported that its operating profit dropped sharply from the previous three months as it ramps up R&D spending … | Tom Warren / The Verge: |
Microsoft makes OpenAI's o1 model, branded as “Think Deeper”, free for all Copilot users, after launching o1 in October 2024 as a paid Copilot Pro feature — Think Deeper first launched in October as a paid Copilot Pro feature, but it's now free.| Tom Warren / The Verge: |
| New York Times: |
Elon Musk is using the same tactics he used during his Twitter takeover at DOGE, including offering exits to federal employees and testing engineering prowess — Federal agencies have offered exits to millions of employees and tested the prowess of engineers — just like when Elon Musk bought Twitter.| CRN: |
Intel says it no longer plans to sell its next-gen Falcon Shores AI accelerator chip, which was set to launch in late 2025, to focus on its Jaguar Shores chip — Interim Intel co-CEO Michelle Johnston Holthaus discloses the pivot in its AI data center strategy as Nvidia forges ahead … | Costas Mourselas / Financial Times: |
Investor letter: Elliott Management warns the White House's embrace of crypto is helping fuel a speculative mania that “could wreak havoc” when prices collapse — Supporting digital assets that could marginalise the dollar is ‘dangerous’, investor letter says| Ashlee Vance / Core Memory: |
How Hudhayfa Nazoordeen, aka HudZah, a 20-year-old math student and an “AI native” in San Francisco, is building a nuclear fusor under Claude's tutelage — Goodbye, Digital Natives. Hello, AI Natives — AI madness is upon many of us, and it can take different forms.| Sergiu Gatlan / BleepingComputer: |
Europol and German law enforcement arrest two suspects and seize 17 servers to take down Cracked and Nulled, two of the largest hacking forums with 10M+ users — Europol and German law enforcement confirmed the arrest of two suspects and the seizure of 17 servers in Operation Talent …
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