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November 21, 2024, 2:05 AM
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| Daniel Howley / Yahoo Finance: |
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% to $30.8B, vs. $29B est., and forecasts Q4 revenue above estimates — Nvidia (NVDA) reported its Q3 earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines …
More: Nvidia Newsroom, CNBC, Investing.com, Reuters, Associated Press, Coinpedia Fintech News, IG, Market Index, Times of India, DigiTimes, TipRanks Financial, Livemint, The Motley Fool Australia, BeInCrypto, SiliconANGLE, FX Empire, Blockworks, Investopedia, DatacenterDynamics, Shacknews, Fast Company, Invezz, Quartz, Forbes, Financial Times, Wall Street Pit, Constellation Research, Fortune, CRN, TweakTown, Fox Business, Entrepreneur, and CNBC
X: @beth_kindig, @keithmccullough, @zerohedge, @beth_kindig, @garyblack00, @yahoofinance, @scutty, @jimcramer, @mikealfred, @beth_kindig, and @jimcramer. LinkedIn: Pete Arentson
| Maxwell Zeff / TechCrunch: |
Jensen Huang says “foundation model pretraining scaling is intact” and models like OpenAI's o1 could play a larger role in Nvidia's business moving forward — Nvidia raked in more than $19 billion in net income during the last quarter, the company reported on Wednesday … | Michael Liedtke / Associated Press: |
Filing: DOJ asks judge to force Google to sell Chrome, restrict Android from favoring Google's search engine, ban default search deals on iOS and other devices — U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through …
More: The Verge, Android Authority, The Information, Associated Press, Japan Today, Reuters, Türkiye Today, Politico, NPR, CNBC, and Breitbart
| Brian Fung / CNN: |
As part of its proposed remedies, the US DOJ says Google should be required to syndicate its US search results to other rival search engines for the next decade — The US government formally proposed a partial breakup of Google on Wednesday, urging a federal judge to force a sale … | Leah Nylen / Bloomberg: |
| Matt Swayne / The Quantum Insider: |
Google researchers introduce AlphaQubit, a machine-learning decoder that surpasses existing methods in identifying and correcting quantum computing errors — - Google researchers introduced AlphaQubit, an AI-powered decoder that improves quantum error correction, reducing errors by 6% compared …
More: Nature, The Keyword, Newswise, MarkTechPost, SiliconANGLE, and New Scientist
| Larry Dignan / Constellation Research: |
Snowflake reports Q3 revenue up 28% YoY to $942.09M, vs. $898.46M est., unveils a deal with Anthropic to bring Claude to Cortex AI; SNOW jumps 18%+ after hours — Snowflake said it has inked a multi-year deal to bring Anthropic's Claude models to Snowflake Cortex AI.| Wall Street Journal: |
Sources: xAI has told investors it raised $5B in a funding round valuing it at $50B and that its revenue has reached $100M on an annualized basis — The artificial intelligence startup has more than doubled its valuation from the spring — Elon Musk's artificial intelligence startup … | Bloomberg: |
Sources: Trump's team is talking with the crypto industry over whether to create a White House post dedicated to cryptocurrency policy and is vetting candidates — - President-elect's team is vetting candidates for the job — Crypto industry executives spoke with Trump this week| Sara Fischer / Axios: |
Adtech company The Trade Desk announces Ventura, a smart TV operating system, and plans to partner with TV manufacturers for its rollout, expected in H2 2025 — - “We're looking at a concentration around a handful of players that lack objectivity,” Green said.
More: The Verge, The Trade Desk, Marketing Dive, Light Reading, The Information, MediaPost, Advanced Television, Benzinga, Adweek, Digiday, and The Desk
Mastodon: @jank0@sfba.social. Bluesky: @tysons-tech.bsky.social. X: @arthurquerou, @humanpropensity, @karstenw, @reidjjackson, @jamesiii, @sarafischer, @reidjjackson, @jonholm, @adtechgod, @naterothstein, @aepstein_, @paulcheesbrough, @thetradedesk, @michaelcaprio, @jk13, and @chappelltracker
LinkedIn: Jeff Green, Tyler Bell, Marion Ranchet, and Sara Fischer
| Sarah Perez / TechCrunch: |
Threads begins rolling out the ability to create custom feeds globally, giving users options beyond “For You” and “Following” feeds — As X competitor Bluesky takes off, topping 20 million users, Meta's own Twitter-like app, Instagram Threads, has begun rolling …
More: The Verge, ZDNET, iPhone in Canada Blog, PhoneArena, Engadget, 9to5Mac, Android Headlines, and The Hill
| Claudia Assis / MarketWatch: |
Palo Alto Networks reports Q1 revenue up 14% YoY to $2.14B, vs. $2.12B est., and projects FY 2025 sales in line with estimates; PANW drops ~5% after hours — Merely in-line outlook for fiscal 2025 weighs on the stock, down 5% after hours — Referenced Symbols| Michael Nuñez / VentureBeat: |
A look at OpenScholar, an LLM for scientific research built by the Allen Institute for AI and the University of Washington that outperforms GPT-4o on accuracy — Scientists are drowning in data. With millions of research papers published every year, even the most dedicated experts struggle … | Kyle Wiggers / TechCrunch: |
OpenAI releases a free online course for K-12 teachers to integrate ChatGPT into their classrooms, but some educators remain skeptical about the technology — OpenAI envisions teachers using its AI-powered tools to create lesson plans and interactive tutorials for students.| Mackenzie Hawkins / Bloomberg: |
The Biden admin finalizes $1.5B CHIPS Act incentives for GlobalFoundries, meaning it can start receiving federal funding for facilities in Vermont and New York — - Pact doesn't include $1.6 billion loan from proposed agreement — Biden administration has been firming up Chips Act awards
| Margi Murphy / Bloomberg: |
US prosecutors charge five alleged members of the Scattered Spider hacking group for their role in the hacks of 29+ individuals and theft of $11M+ in crypto — - $11 million stolen in years-long campaign targeting US firms — Loosely-knit group consists of young men in US and UK| Hayden Field / CNBC: |
Menlo Ventures: business spending on generative AI hit $13.8B in 2024, up from $2.3B in 2023; OpenAI's marketshare in enterprise AI declined from 50% to 34% — Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion, according to data released by Menlo Ventures on Wednesday.Sponsor Posts
Meta:
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.Who's Hiring In Tech?
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