Tech Meme

Mackenzie Hawkins / Bloomberg: During his confirmation hearing for Commerce Secretary, Howard Lutnick called the CHIPS Act an “excellent down payment” but pledged to review binding awards  —  – Trump has said he prefers tariffs for luring chipmakers to US  — Lutnick called the Chips Act an ‘excellent down payment’ Lees verder op Tech Meme

Todd Bishop / GeekWire: Satya Nadella says Microsoft’s AI business has surpassed an annual revenue run rate of $13B, up 175% YoY, as the company faces new scrutiny over AI spending  —  Microsoft says it’s generating revenue from its artificial intelligence products and services at a rate of $13 billion annually … Lees verder op Tech Meme

NewsGuard’s Reality Check: NewsGuard: with news-related prompts, DeepSeek’s chatbot repeated false claims 30% of the time and provided non-answers 53% of the time, giving an 83% fail rate  —  The new Chinese AI tool finished tied for 10th of 11 chatbots tested  —  Special Report  —  Chinese artificial intelligence … Lees verder op Tech Meme

Microsoft: Microsoft reports Q2 revenue up 12% YoY to $69.6B, Microsoft 365 Commercial products and cloud services revenue up 15% YoY, and net income up 10% YoY to $24.1B  —  Microsoft Cloud and AI Strength Drives Second Quarter Results  —  REDMOND, Wash. — January 29, 2025 — Microsoft Corp. today announced … Lees verder op Tech Meme

Financial Times: Sources: SoftBank is in talks to invest $15B-$25B in OpenAI on top of its $15B+ commitment to Stargate; the deal would make it OpenAI’s biggest financial backer  —  Deal would make it ChatGPT maker’s biggest financial backer  —  SoftBank is in talks to invest as much as $25bn into OpenAI … Lees verder op Tech Meme

Reuters: Microsoft says Q2 capital expenditures hit $22.6B, vs. $20.95B estimated, and forecasts Q3 Azure growth between 31% and 32%, vs. 33% expected  —  Microsoft (MSFT.O) on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in after-hours trading … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Microsoft reports Q2 LinkedIn revenue up 9% YoY, and Satya Nadella says that LinkedIn passed a record $2B in Premium subscriptions revenue in the last 12 months  —  LinkedIn, the social platform where people look for and talk about work, may be less visible in Microsoft’s earnings compared … Lees verder op Tech Meme

Wired: Wiz: DeepSeek left one of its critical databases exposed, leaking more than 1M records including system logs, user prompt submissions, and users’ API keys  —  China-based DeepSeek has exploded in popularity, drawing greater scrutiny.  Case in point: Security researchers found more than 1 million records … Lees verder op Tech Meme

Charles Rollet / TechCrunch: Mark Zuckerberg says spending heavily on AI infrastructure is a “strategic advantage” and vows Meta will invest “hundreds of billions” in AI over the long term  —  U.S. markets panicked on Monday over speculation that DeepSeek’s AI models would crush demand for GPUs, with Nvidia’s stock dropping almost 20%. Lees verder op Tech Meme

Jay Peters / The Verge: Microsoft Q2: Windows OEM and Devices revenue up 4% YoY, gaming revenue down 7%, Xbox hardware revenue down 29%, and Xbox content and services revenue up 2%  —  Its Azure and other cloud serbusinesses saw big growth, too.  —  Its Azure and other cloud serbusinesses saw big growth, too. Lees verder op Tech Meme