[[{“value”:” Semiconductor giant Intel Corporation has already received $2.2 billion in federal grants from the U.S. Department of Commerce through the U.S. CHIPS and Science Act, the company shared during its Thursday earnings call. Dave Zinsner, Intel’s co-interim CEO, executive vice president and CFO, said the Silicon Valley-based company received the first tranche of $1.1 billion […] © 2024 TechCrunch….
Pentagon scrambles to block DeepSeek after employees connect to Chinese servers
[[{“value”:” The Pentagon is rushing to block DeepSeek on its network after some employees used the service, which stores data in China. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]
Apple tops 1 billion subscriptions, nearly $100 billion in services revenue in 2024
[[{“value”:” Apple’s iPhone sales may be down, but the company’s Services division, which includes the App Store, iCloud, Music, TV+, and other subscriptions, is still soaring. The Cupertino-based tech giant reported Thursday its Services business had an all-time revenue high of $26.3 billion for the quarter ended December 28, up 14% year-over-year. Services generated nearly $100 […] © 2024 TechCrunch….
Apple CEO says DeepSeek shows ‘innovation that drives efficiency’
[[{“value”:” Apple CEO Tim Cook said DeepSeek’s AI models represent “innovation that drives efficiency” on an earnings call on Thursday while fielding questions from analysts about the iPhone maker’s ambitions around AI. “In general, I think innovation that drives efficiency is a good thing. And, you know, that’s what you see in that model,” said Cook, […] © 2024 TechCrunch….
Google quietly announces its next flagship AI model
[[{“value”:” Update: Some users on social media report that the changelog has been updated to remove mention of Gemini 2.0 Pro Experimental. The references have disappeared for this reporter, as well. We’ve reached out to Google and will update this post if we hear back. The original story follows: Google took the low-key route for the […] © 2024 TechCrunch….
Intel won’t bring its Falcon Shores AI chip to market
[[{“value”:” Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads. The move comes as Intel tries to correct course after a number of disappointing product launches and historic losses, while competitors like AMD and Nvidia gain ground. Intel co-CEO Michelle Johnston Holthaus said during the company’s fourth-quarter earnings call Thursday […] © 2024 TechCrunch….
Apple quarterly revenue increases, even as China sales decline 11%
[[{“value”:” Apple’s latest earnings were a mixed bag filled with slipping iPhone sales and countered by rising revenue. Reporting after the bell Thursday, the iPhone maker’s overall revenue in the first quarter of 2025 beat Wall Street expectations, with a 4% bump to $124.3 billion over the same time last year. Apple reported net income of […] © 2024 TechCrunch….
Elon Musk reveals Elon Musk was wrong about Full Self-Driving
[[{“value”:” For nearly nine years, Elon Musk has promised Tesla vehicles had the hardware needed to support a self-driving car. This week, he made his latest admission that many are not. Musk said on a conference call Wednesday evening that Tesla cars equipped with so-called Hardware 3 will need an upgrade before they can support unsupervised […] © 2024 TechCrunch….
OpenAI said to be in talks to raise $40B at a $340B valuation
[[{“value”:” OpenAI may have billions of dollars in the bank. But it’s gearing up to raise billions more, according to a report from The Wall Street Journal. Per The WSJ, OpenAI is in talks to secure up to $40 billion in a funding round that would value the startup at $340 billion. SoftBank would lead the […] © 2024 TechCrunch….
Controversial genetics testing startup Nucleus Genomics raises $14M Series A
[[{“value”:” The company, founded by 25-year-old Kian Sadeghi, announced a $14 million Series A, bringing its total funding to about $32 million. © 2024 TechCrunch. All rights reserved. For personal use only. “}]]