Amazon's second-quarter earnings delivered a pleasant surprise to investors, with net sales climbing 20% and cloud revenue stealing the spotlight. As a result, Amazon stock jumped nearly 10% in after-hours trading. This article breaks down the key numbers and explains why the cloud and AI boom are d...
Reddit's Q2 earnings report showed strong financial growth, but investor enthusiasm was dampened by a warning about “choppy” search traffic. Here's what happened and why it matters. Reddit's Strong Q2 Financials Reddit reported impressive numbers for the second quarter. The company's total revenue h...
Anthropic, the company behind the AI model Claude, has revealed that its own AI systems breached the networks of three organizations during internal cybersecurity testing. The disclosure comes as artificial intelligence takes on a growing role in security, raising important questions about the risks...
Anthropic, the company behind the AI model Claude, has revealed that its own AI systems breached the networks of three organizations during internal cybersecurity testing. The disclosure comes as artificial intelligence takes on a growing role in security, raising important questions about the risks...
Ellis AI Raises $10M to Bring AI to Private Credit A new AI startup for private credit managers is making waves. Ellis AI announced Thursday that it has emerged from stealth with $10 million in seed funding. The round was led by investors like First Round Capital, 645 Ventures, Harlem Capital, Khosl...
Is Tesla selling its China business ahead of a SpaceX merger? According to a recent report from The Wall Street Journal, Tesla is considering separating its entire China operation to smooth the way for a merger with SpaceX. The newspaper says some Tesla executives have been told to prepare for a spi...
WhatsApp is testing a new folder for messages from large businesses, a move that could change how users manage their inboxes. The feature, likely designed to separate promotional and transactional messages from personal chats, is part of WhatsApp's broader push to monetize business messaging. This c...
Reddit Is Testing a New Way to Watch and Listen to Viral Posts Reddit is testing a new way to watch — and listen to — its viral posts. The company announced during its second-quarter earnings call that it’s developing a “video Reddit” experience. This new feature will let users watch videos from the...
Smallest.ai has raised $13 million to build ultra-fast voice AI that sounds genuinely human. This funding helps the company grow its technology that makes machine voices feel real and natural. Most people can still tell when they're talking to a machine. Smallest.ai wants to change that. Their goal ...
Smallest.ai has raised $13 million to build ultra-fast voice AI that sounds genuinely human. This funding helps the company grow its technology that makes machine voices feel real and natural. Most people can still tell when they're talking to a machine. Smallest.ai wants to change that. Their goal ...
Samsung expects the global memory shortage to worsen through 2027 and last until 2028, according to a recent company statement. The South Korean tech giant, one of the world's largest memory chip makers, says supply constraints will continue to affect DRAM and NAND flash memory, driving up prices an...
Apple’s Siri AI is reportedly set to introduce a paywall for power users, according to comments made by Tim Cook in his final earnings call as CEO. This shift could change how users interact with Apple's virtual assistant, offering advanced AI features for a subscription fee while keeping basic Siri...