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Tech News
/ 2 months agoOpenAI eyes $500 billion valuation in potential employee share sale, source says
ChatGPT maker OpenAI is in early talks for a potential secondary stock sale that would allow current and former employees to...
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Tech News
/ 2 months agoRivian, Lucid warn of bumpy road ahead as policy changes hurt
Rivian and Lucid posted disappointing quarterly earnings on Tuesday and provided a grim outlook for the year as the electric vehicle...
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Tech News
/ 2 months agoTPG to acquire Australian automotive software firm Infomedia for over $420 million
Australia’s Infomedia said on Wednesday it has agreed to be acquired by the Asia-focused private equity arm of asset manager TPG...
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Tech News
/ 2 months agoSuper Micro’s quarterly results underwhelm, shares tumble
Super Micro missed Wall Street estimates for fourth-quarter revenue and profit on Tuesday, as the company battles larger server makers for...
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Tech News
/ 2 months agoSnap’s revenue growth slowest in over a year as competition, ad platform glitch hurt
Snap on Tuesday reported its slowest quarterly growth in more than a year, hurt by a temporary glitch in its ad...
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Tech News
/ 2 months agoRivian’s loss bigger than expected as rare earth curbs raise costs, credits fade
Rivian Automotive reported a higher-than-expected quarterly loss on Tuesday as disruption in supply of rare earth metals used to make parts...
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Tech News
/ 2 months agoSnap records slowest revenue growth in over a year, hurt by ad platform glitch
Snap on Tuesday reported second-quarter revenue growth that was the slowest in more than a year, hurt by a temporary glitch...
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Tech News
/ 2 months agoAMD data center results disappoint, shares slump
Advanced Micro Devices on Tuesday reported disappointing data center revenue, a segment which includes lucrative artificial intelligence chips that investors are...
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Tech News
/ 2 months agoApple supplier Skyworks forecasts upbeat quarterly results on strong chip demand
Apple supplier Skyworks Solutions forecast fourth-quarter revenue and profit above Wall Street expectations on Tuesday, benefiting from steady demand for its...
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Tech News
/ 2 months agoRivian loss bigger than expected on higher costs, lower credit income
Rivian Automotive reported a higher-than-expected quarterly loss on Tuesday as disruption in supply of rare earth metals used to make parts...