AMD is making an aggressive play for Nvidia’s data center AI dominance. CEO Lisa Su outlined plans to capture double-digit market share with projected 80% revenue growth for Instinct GPUs. The company sees a $1 trillion total addressable market by 2030.
Nebius has signed a $3 billion AI infrastructure deal with Meta and reports being completely sold out of available capacity. The company’s revenue surged 355% year-over-year as demand for AI computing explodes.
An ambitious global project is using AI to sequence the genomes of all known eukaryotic species on Earth. The effort could revolutionize conservation and our understanding of biology. Google’s DeepVariant and DeepPolisher are accelerating the process dramatically.
OpenAI’s Sora video app is costing the company an estimated $15 million per day according to Forbes analysis. With 4.5 million users generating millions of videos, the economics appear completely unsustainable despite the company’s massive valuation.
AI cloud provider CoreWeave reported its revenue backlog doubled to $55.6 billion in Q3, with $25 billion added in just three months. The company signed massive deals with Meta ($14.2bn) and OpenAI ($6.5bn) while diversifying its customer base away from single-client dependency. Despite the explosiv
Microsoft President Brad Smith insists the AI boom won’t turn into a bubble if companies remain “thoughtful and disciplined.” This comes as Microsoft marked down its OpenAI investment, implying a $12 billion quarterly loss for the AI startup.
SoftBank just reported a stunning $16.2 billion quarterly profit driven by AI investments. The Vision Fund’s massive returns signal a major shift in tech investing strategy.
Sony delivered solid Q2 results with revenue hitting $20.3 billion and PlayStation 5 sales reaching 3.9 million units. Meanwhile, OpenAI made a strategic hire from Intel to strengthen its compute infrastructure team for AGI development.
Google just hired Tyler Norris, a leading energy researcher who recently published influential work on data center power flexibility. The move comes as AI-driven electricity demand threatens to overwhelm power grids. Norris will focus on market innovations to balance AI growth with clean energy goal
Meta just introduced Omnilingual Automatic Speech Recognition covering over 1,600 languages. Meanwhile, the EU’s proposed Digital Omnibus regulations face mounting criticism for creating legal incoherence and potential AI exceptionalism. The timing couldn’t be more ironic.
