Tag: revenue projections
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Slashdot: Oracle’s Best Day Since 1992 Puts Ellison on Top of the World’s Richest List
Source URL: https://developers.slashdot.org/story/25/09/10/2047235/oracles-best-day-since-1992-puts-ellison-on-top-of-the-worlds-richest-list?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Oracle’s Best Day Since 1992 Puts Ellison on Top of the World’s Richest List Feedly Summary: AI Summary and Description: Yes Summary: Oracle has experienced a significant stock surge driven by increased AI-driven cloud demand, leading to a remarkable rise in its market value and projections for cloud revenue.…
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Slashdot: CoreWeave To Spend Up To $23 Billion This Year To Tap AI Demand Boom
Source URL: https://slashdot.org/story/25/05/15/001248/coreweave-to-spend-up-to-23-billion-this-year-to-tap-ai-demand-boom?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: CoreWeave To Spend Up To $23 Billion This Year To Tap AI Demand Boom Feedly Summary: AI Summary and Description: Yes **Summary:** CoreWeave’s significant investment in AI infrastructure, backed by Nvidia, is aimed at addressing the increasing demand for AI capabilities, particularly from clients like Microsoft and OpenAI. This…
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Tomasz Tunguz: 100 Trillion Tokens
Source URL: https://www.tomtunguz.com/earnings-microsoft-2025-04-30/ Source: Tomasz Tunguz Title: 100 Trillion Tokens Feedly Summary: “We processed over 100t tokens this quarter, up 5x year over year, including a record 50t tokens last month alone.” If the market harbored any doubt for the insatiable demand for AI, this statement during Microsoft’s quarterly earnings yesterday, quashed it. What could…