Apple CEO Tim Cook said DeepSeek’s AI models represent “innovation that drives efficiency” on an earnings call on Thursday while fielding questions from analysts about the iPhone maker’s ambitions around AI. “In general, I think innovation that drives efficiency is a good thing. And, you know, that’s what you see in that model,” said Cook, […]
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Apple’s latest earnings were a mixed bag filled with slipping iPhone sales and countered by rising revenue. Reporting after the bell Thursday, the iPhone maker’s overall revenue in the first quarter of 2025 beat Wall Street expectations, with a 4% bump to $124.3 billion over the same time last year. Apple reported net income of […]
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Google has quietly announced the launch of its next-gen flagship AI model, Gemini 2.0 Pro Experimental, in a changelog for the company’s Gemini chatbot app. The launch of Gemini 2.0 Pro Experimental, the successor the Gemini 1.5 Pro model Google launched last February, comes as the tech world remains fixated on Chinese AI startup DeepSeek. […]
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Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads. The move comes as Intel tries to correct course after a number of disappointing product launches and historic losses, while competitors like AMD and Nvidia gain ground. Intel co-CEO Michelle Johnston Holthaus said during the company’s fourth-quarter earnings call Thursday, […]
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For nearly nine years, Elon Musk has promised Tesla vehicles had the hardware needed to support a self-driving car. This week, he made his latest admission that many are not. Musk said on a conference call Wednesday evening that Tesla cars equipped with so-called Hardware 3 will need an upgrade before they can support unsupervised […]
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U.S. prosecutors are seeking to block the deal citing antitrust concerns.
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Chinese AI lab DeepSeek provoked the first Silicon Valley freak-out of 2025 after releasing open versions of AI models that compete with the best technology OpenAI, Meta, and Google have to offer. DeepSeek claims to have built its models highly efficiently and quickly, and is providing these models at a fraction of the price American […]
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The data center market is booming, driven by AI demand. Just last week, OpenAI said that it plans to team up with backers including SoftBank to spend at least $100 billion on data center infrastructure in the U.S. Microsoft aims to put around $80 billion toward AI infrastructure this year, and rival tech giants have […]
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Authorities said the two forums — Cracked and Nulled — had more than 10 million users.
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Amazon is the latest company to announce a price hike for its music streaming subscriptions. The company revealed this week that the price of an Amazon Music Unlimited Individual plan for Prime members is going from $9.99 per month to $10.99. As for subscribers without a Prime membership, the price of their subscription is going […]
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French startup Swan has raised another €42 million (around $44 million at current exchange rates). The company considers this round as the second part of the Series B round that was originally announced in September 2024. Swan helps other companies offer financial products at scale. The company can generate both virtual and physical cards that […]
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SoftBank is in talks to invest up to $25 billion in OpenAI as part of a broader partnership that could see the Japanese conglomerate spend more than $40 billion on AI initiatives with the Microsoft-backed startup, according to Financial Times. The potential investment would make SoftBank OpenAI’s largest single backer, the report said, surpassing Microsoft, […]
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Meta says its controversial decision to put an end to its fact-checking program hasn’t impacted advertiser spend. On its Q4 2024 call, Meta CFO Susan Li assured investors that advertiser demand remains strong and the company’s commitment to brand safety remains unchanged, despite the new measures. Meanwhile, CEO Mark Zuckerberg noted that the community notes […]
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Meta is doubling down on AI spending despite markets briefly panicking over concerns DeepSeek will reduce AI demand.
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LinkedIn, the social platform where people look for and talk about work, may be less visible in Microsoft’s earnings compared to the years when it was an independent company. But around earnings time, LinkedIn often reveals some figures that point to how it continues to grow. On Wednesday, as Microsoft reported its Q2 numbers, the […]
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