IT market

Amazon increased capital expenditures by 81% and bet on AI infrastructure in the third quarter of 2024

Amazon exceeded analysts' expectations for the third quarter of 2024, showing an increase in earnings to $1.43 per share against…

3 months ago

The AI ​​race is very expensive for Microsoft, Google and other IT giants – investors are concerned

The world's largest technology companies are aggressively increasing spending on AI data centers to meet growing demand. However, Wall Street's…

3 months ago

Meta warns of increased AI spending in 2025 and declining user numbers

Meta✴ revealed its financial results for the third quarter of 2024, reporting weak user growth and warning of a sharp…

3 months ago

Samsung’s failures in the areas of memory for AI and contract manufacturing of chips cost it $122 billion in capitalization

Samsung Electronics' status as the world's largest memory maker doesn't help it compete with smaller company SK hynix, which has…

3 months ago

More than a quarter of the code at Google is now written by AI

AI is becoming an integral part of development at Google. More than a quarter of the company's new code is…

3 months ago

Alphabet recorded revenue growth in the third quarter of 2024 and exceeded analysts’ expectations

Alphabet beat analysts' expectations with better-than-expected earnings and revenue results. The company's revenue reached $88.27 billion, beating LSEG's estimate of…

3 months ago

Sharp introduced the flagship smartphone Sharp Aquos R9 Pro with a triple camera and a large fingerprint scanner

The Japanese company Sharp introduced a new flagship smartphone Aquos R9 pro with an impressive camera and powerful characteristics. The…

3 months ago

The crisis at Intel allowed Nvidia to acquire many experienced employees in Israel

The specificity of Intel's workforce reduction in Israel, as reported by Globes, lies in its concentration on specialists from the…

3 months ago

US authorities have introduced restrictions on investment in certain sectors of the Chinese economy

The looming US presidential election is an inevitable catalyst for the legislative work that has been underway under Joseph Biden,…

3 months ago

China overtakes US in semiconductor patent applications

China has surpassed the United States in the number of semiconductor patent applications, despite sanctions and a decline in the…

3 months ago