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Intel has already received $2.2B in federal grants for chip production

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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 … Read more

Meta warns that it will fire leakers in leaked memo

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Moments after Meta CEO Mark Zuckerberg’s all-hands comments to employees were widely leaked, a company executive warned in an internal memo that leakers will be fired. “We take leaks seriously and will take action,” Meta’s chief information security officer, Guy Rosen, said in an internal memo I’ve seen. “When information is stolen or leaked, there … Read more

Apple tops 1 billion subscriptions, nearly $100 billion in services revenue in 2024

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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 … Read more

Apple CEO says DeepSeek shows ‘innovation that drives efficiency’

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Apple CEO Tim Cook said DeepSeek’s AI models represent “innovation that drives efficiency” on his earnings call on Thursday while fielding questions from analysts about the iPhone maker’s AI ambitions. “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, responding … Read more

AI In Social Media: 8 Techniques To Stay Ahead Of Competition And Grow A Digital Presence

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During the emergence of artificial intelligence (AI), many business leaders viewed these programs more as writing tools that churned out low-quality content and delivered minimal impact at a high cost. However, things have since changed, and artificial intelligence is now standing as the brains behind major corporations, providing business leaders with market intelligence, directing digital … Read more

SEC Approves Bitwise Spot Bitcoin and Ethereum ETF

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The U.S. Securities and Exchange Commission approved another joint bitcoin and ether exchange-traded fund (ETF) Thursday, letting investors gain exposure to the two digital assets in one regulated financial product. The SEC announced it had granted accelerated approval to Bitwise’s Bitcoin and Ethereum ETF, just over a month after approving similar products filed by Hashdex … Read more

Google quietly announces its next flagship AI model

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Google has quietly announced the launch of its next-gen flagship AI model, Gemini 2.0 Pro Experimental, in a changelog for the company’s Gemini chatbot app. The launch of Gemini 2.0 Pro Experimental, the successor the Gemini 1.5 Pro model Google launched last February, comes as the tech world remains fixated on Chinese AI startup DeepSeek. … Read more

Mark Zuckerberg to employees in leaked all-hands meeting: ‘buckle up’

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Mark Zuckerberg. Tensions were high inside Meta ahead of Mark Zuckerberg’s first all-hands meeting of the year. Employee-submitted questions for the CEO touched on a couple of big themes: concerns about his announcement that “low-performers” would be let go on February 10th, his MAGA-fueled changes to Meta’s content moderation policies and DEI programs, and his … Read more

Intel won’t bring its Falcon Shores AI chip to market

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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, … Read more