Alphabet rides AI surge as revenue and profit crush expectations
Much of Alphabet's momentum is tied to AI, particularly inside Google Cloud. The division brought in $20 billion in revenue, ahead of the $18.4 billion analysts had projected, and showed what the company called a "meaningful acceleration in growth." Just as notable, its backlog – future revenue under contract –...
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Meta's AI bill keeps growing as spending forecast jumps to $145 billion
CEO Mark Zuckerberg said most of Meta's spending increase was due to higher component costs and additional data center costs to "support future-year capacity."
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Apple is giving up on the Vision Pro after weak sales, and high return rates
Sources have informed MacRumors that Apple has ceased development of the Vision Pro after last year's upgraded model failed to lift lukewarm sales. Apple reportedly cut production dramatically soon after launching the AR headset in 2024 and sold only a few hundred thousand units in total.
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Xbox revenue falls again as hardware sales suffer another massive decline
The latest quarter marks the third in a row in which Xbox content and services revenue has fallen. Microsoft writes that the 5% YoY fall was partly due to the strong performance of first-party games during the same quarter a year ago. The company is likely referencing the continuing driving...
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GM is pushing Google Gemini AI to 4 million vehicles via OTA updates
The update replaces the current Google Assistant experience with a more advanced system designed to handle natural-language interactions. GM described the update as "one of the largest deployments of Gemini in the industry," adding that "customers will notice an upgrade from the current Google Assistant to a smarter, more intuitive...
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This $199 upscaler wants to make your retro consoles look great on modern TVs
Pre-orders for the recently announced Morph 2K analog-to-digital video converter open on June 1, starting at $199. The device is essentially a budget version of Pixel FX's earlier Morph 4K, dropping support for 4K output.
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Palit confirms Galax brand will continue after takeover confusion, promises support for existing products
Galax announced the original news via a message on its Brazilian website and advised customers to contact Palit's official channels for all support and service inquiries. The company did not provide further details, instead emphasizing that both Galax and Palit are authorized Nvidia partners, adding that the restructuring would ensure...
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Former Google and Meta engineers build memory-first AI server to challenge Nvidia's GPU dominance
Majestic Labs AI, founded by Ofer Shacham, Masumi Reynders, and Sha Rabii, has developed a server architecture built around what it describes as a memory-first design. The company, which raised $100 million in November from investors including Bow Wave Capital, Lux Capital, and Grove, is targeting one of the most...
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New ransomware is so badly coded it destroys your files instead of holding them hostage
Check Point researchers have uncovered a new ransomware-as-a-service threat with significant design flaws. Vect 2.0 is unable to properly perform its intended function, because it effectively destroys most files rather than encrypting them. The malware behaves more like a wiper, due to what appears to be a fundamental failure in...
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Musk vs. OpenAI trial begins with internal emails, AGI governance, and billions in potential damages at stake
Jury selection in the case began this week in US District Court in Northern California. Judge Yvonne Gonzalez Rogers will ultimately decide whether OpenAI's shift to a capped-profit structure – and its close partnership with Microsoft – breached a charitable trust that Elon Musk says arose from roughly $38 million...
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