Techmeme

Results 11 - 20 of about 227:

Jordan Novet / CNBC:
Source: Tesla working with AMD to develop its own AI chip for self-driving functionality in its cars, has 50+ people on project including chip star Jim Keller   —  - Tesla is working with AMD to refine its new chip, which will likely reduce its reliance on Nvidia.
Sep 20, 2017, 4:42 PMIn context
Jordan Novet / CNBC:
AWS says that beginning October 2, it will start charging EC2 customers by the second, not hour; competitors Azure and Google Cloud charge by the minute   —  Public cloud market leader Amazon Web Services on Monday said that on Oct. 2 it will start charging its customers by the second for use …
Sep 18, 2017, 4:10 PMIn context
Jordan Novet / CNBC:
Oracle beats Q1 estimates with $9.2B revenue, up 7% YoY, vs. $9.02B expected, as cloud revenue rises 51% YoY to $1.5B   —  - Oracle beat estimates on revenue and earnings per share.  Cloud revenue came in above revenue estimates.  —  Oracle stock rose by nearly 2 percent …
Sep 14, 2017, 4:35 PMIn context
Jordan Novet / CNBC:
Cisco narrowly beats Q4 estimates with $12.1B revenue, vs. $12.06B est., down 4% YoY, as service revenue rose 1% YoY to $3.1B   —  Cisco stock dropped 2 percent on Wednesday after the company released earnings for the fourth quarter of its 2017 fiscal year, which ended in July.
Aug 16, 2017, 4:55 PMIn context
Jordan Novet / CNBC:
Shipping giant Maersk says the NotPetya cyberattack will likely cause $200M-$300M in lost Q3 revenue   —  Container shipping company A.P. Moller Maersk on Tuesday said it expects that computer issues triggered by the NotPetya cyberattack will cost the company as much as $300 million in lost revenue.
Aug 16, 2017, 2:40 PMIn context
Jordan Novet / CNBC:
IBM reports Q2 revenue of $19.29B, down 5% YoY, vs. $19.46B estimated, and gives stronger than expected full-year guidance   —  IBM stock was down 2 percent on Tuesday after it disclosed earnings for the second quarter of the year, falling short of revenue estimates but beating earnings estimates.
Jul 18, 2017, 4:25 PMIn context
Jordan Novet / CNBC:
Google announces a new AI-focused early stage venture fund, Gradient Ventures, which promises its portfolio startups access to Google engineers   —  - The idea is to spur innovation in artificial intelligence while also providing interesting experiences to Google engineers.
Jul 11, 2017, 4:05 PMIn context
Jordan Novet / CNBC:
Source: Amazon built language translation tech to use internally, plans to open it to devs, who could use it to offer sites and apps in multiple languages   —  - Amazon has built translation technology to use internally, and now it's looking to let third parties access it.
Jun 26, 2017, 12:32 PMIn context
Jordan Novet / CNBC:
Oracle beats Q4 estimates with $10.9B revenue, up 3% YoY, as total cloud revenue reaches $1.36B, up 58% YoY; stock up 8%+ after hours   —  Oracle shares jumped as much as 9 percent in extended trading on Wednesday after the company beat earnings estimates for the fiscal fourth quarter.
Jun 21, 2017, 4:40 PMIn context
Jordan Novet / CNBC:
Andreessen Horowitz confirms it led a $23.2M investment in Instabase, a GitHub-like service for data, last month   —  - Instabase's software is based on technology developed at MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL).  — The start-up is “tackling …
Jun 14, 2017, 7:15 PMIn context

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