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Tag: market performance

  • Slashdot: Software Revenue Lags Despite Tech Giants’ $292 Billion AI Spend

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    Source URL: https://tech.slashdot.org/story/24/12/23/1314259/software-revenue-lags-despite-tech-giants-292-billion-ai-spend?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Software Revenue Lags Despite Tech Giants’ $292 Billion AI Spend Feedly Summary: AI Summary and Description: Yes Summary: The text discusses the financial dynamics and projections within the AI sector, particularly concerning infrastructures that support AI. It highlights significant investment trends and the challenge of actualizing revenue from AI…

  • Slashdot: Tech Giants Are Set To Spend $200 Billion This Year Chasing AI

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    Source URL: https://tech.slashdot.org/story/24/11/01/1238226/tech-giants-are-set-to-spend-200-billion-this-year-chasing-ai Source: Slashdot Title: Tech Giants Are Set To Spend $200 Billion This Year Chasing AI Feedly Summary: AI Summary and Description: Yes **Summary:** The text discusses the substantial financial investments by major technology firms in artificial intelligence (AI) despite previous criticisms of the costs not yielding justified results. This trend highlights the…

  • The Register: Snowflake seeks to raise funds with $2 billion bond sale

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    Source URL: https://www.theregister.com/2024/09/24/snowflake_seeks_to_raise_funds/ Source: The Register Title: Snowflake seeks to raise funds with $2 billion bond sale Feedly Summary: Poorly received by investors, the moves comes in a difficult year Cloud-based data warehousing and analytics biz Snowflake has issued $2 billion in bonds with the aim to buy back shares and potentially launch an acquisition…

  • The Register: DoJ reportedly advances Nvidia antitrust probe deeper with fresh subpoenas

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    Source URL: https://www.theregister.com/2024/09/04/nvidia_doj_subpoena/ Source: The Register Title: DoJ reportedly advances Nvidia antitrust probe deeper with fresh subpoenas Feedly Summary: Uncle Sam apparently worried GPU giant may be punishing customers who shop around The US Department of Justice on Tuesday is said to have stepped up its antitrust investigation into Nvidia, issuing subpoenas seeking evidence for…