Shares of Dell fall 16% as AI servers are sold at ‘near-zero margins’
Shares of Dell fall 16% as AI servers are sold at ‘near-zero margins’ Dell’s stock tumbled Friday, despite a beat on top and bottom lines on Thursday.
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Shares of Dell fall 16% as AI servers are sold at ‘near-zero margins’ Dell’s stock tumbled Friday, despite a beat on top and bottom lines on Thursday.
France is aiming to become a global AI superpower — but not without help from U.S. Big Tech The Viva Technology conference in Paris last week was buzzing with talk about how far France has come as a leader in artificial intelligence.
Amazon to expand drone delivery service after clearing FAA hurdle The FAA has allowed Amazon to fly drones out of sight of a ground spotter, enabling it to fly farther distances.
Twitch terminates all members of its Safety Advisory Council Twitch on Friday ended the contracts of its safety council members, which consulted on trust and safety issues related to children on Twitch, nudity and more.
Dell shares fall despite growing AI server business Dell reported first-quarter earnings on Thursday that beat analysts’ estimates for earnings and sales.
MongoDB shares sink 23% after management trims guidance CEO Dev Ittycheria cited slower-than-expected cloud database consumption growth during the quarter, which led MongoDB to lower its fiscal 2025 guidance.
Fintech targeted by climate skeptics banks $37 million from likes of UBS, Commerzbank Swedish climate fintech Doconomy told CNBC it’s raised $36.9 million in a Series B round co-led by the venture arms of UBS and CommerzBank.
Salesforce shares tumble 18%, on pace for worst day since 2008 Salesforce stock fell in premarket trading Thursday after the company released weaker-than-expected fiscal first-quarter results on Wednesday.
BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51% Johan Tjarnberg, CEO of Trustly, told CNBC his firm still needs time to prove the value of its open banking tech to investors before going public.
South Korean tech conglomerate SK Inc. surges 16% after chair’s $1 billion divorce settlement SK Inc. is one of Korea’s largest conglomerates and is the holding firm for SK Hynix, one of the world’s biggest memory chip firms.
L’Oreal says it’s working on a form of bioprinted skin that can actually ‘feel’ L’Oreal says it is working with start-ups and research institutions to develop bioprinted skin that can actually “feel.”
Singapore pushes for green data centers as growing AI demand strains energy resources The city-state launched a green data center roadmap on Thursday “to support our ambitions for the digital economy” as demand for AI and computing grows.
Google to invest $2 billion in Malaysia and build data center to capture rising AI demand The investment will be Google’s largest one in the country so far in its 13 years of operation there.
Amazon Prime now includes a Grubhub food-delivery subscription Amazon has added to its stable of Prime program benefits as it looks to attract and retain members. It’s now adding Grubhub food delivery as a permanent perk.
UiPath shares tank 30% after company announces CEO shakeup Co-founder Daniel Dines will return as sole CEO, less than five months after he ceded power to former Google executive Rob Enslin.
Salesforce shares plunge 16% on first revenue miss since 2006 Salesforce issued a disappointing forecast in its quarterly earnings report on Wednesday.
Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago Crypto exchange Gemini announced Wednesday that it will return $2.18 billion to users of the Earn program, which it paused withdrawals for in November 2022.
Former OpenAI board member explains why CEO Sam Altman was fired Former OpenAI board member Helen Toner said board members learned about ChatGPT from Twitter and didn’t know CEO Sam Altman owned the OpenAI startup fund.
PwC agrees deal to become OpenAI’s first reseller and largest enterprise user PwC landed a deal Wednesday with OpenAI to become the artificial intelligence company’s first resale partner and largest enterprise user.
Samsung faces probe after two chip workers exposed to radiation, authorities say South Korean authorities are investigating Samsung after two workers at one of the tech giant’s plants were exposed to radiation.