OUR TAKESoftware company ServiceNow has reported impressive second-quarter results, with subscription sales up a substantial 23% to $2.54 billion, beating…
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Artificial Intelligence insights news and analysis, from product developments in AI to legal and policy issues.
OUR TAKESK Hynix has shown a remarkable financial performance this quarter, with revenues reaching $11.9 billion, exceeding the expected $11.7…
SK Hynix posted its strongest quarterly profit since 2018, reaching $3.96 billion, driven by AI chip demand.
In the second quarter, IBM’s sales grew by 2% to $15.8 billion, with the software division seeing revenues climb by 7% to $6.7 billion, both exceeding analysts’ expectations.
SK Hynix reported its highest quarterly profit since 2018 due to high demand for AI-essential HBM chips, but its shares fell 8.4%.
OUR TAKESK Hynix is turning things around. After a deficit last year, the company posted a significant profit in the…
OUR TAKEMicrosoft’s focus on AI-powered summaries in search engines signifies a significant shift towards more efficient and personalized search experiences…
OUR TAKEMistral’s Large 2 makes a strong debut, challenging Meta and OpenAI’s giants. However, size isn’t everything. With 123 billion…
OUR TAKEMicrosoft’s got a new trick up its sleeve with Bing generative search. It’s like Google’s AI Overview, but with…
OUR TAKEMeta has unveiled a new and powerful AI model, the Llama 3.1, which it aims to make the world’s…
OUR TAKE Alphabet’s remarkable financial performance highlights the crucial role of its Search and AI innovations in driving revenue growth.…
OUR TAKEIn the face of weakening demand for electric vehicles and pressure to cut costs, Tesla’s CEO Elon Musk announced…