Anthropic's run-rate revenue crossed the $47 billion mark earlier this month, a 50% increase in just seven weeks, fueled by enterprise adoption worldwide.
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While tech giants spend billions on hardware, Reddit is profiting by licensing its "actual intelligence." Here is how the platform is winning the AI race.
OpenAI CFO Sarah Friar addressed concerns regarding the company's massive infrastructure spending, revealing that revenue has grown roughly 10x.
Tailwind CSS is a very popular framework among web developers, but the company has had to lay off most of its workforce after AI ate into its revenue.
Samsung is expected to post a record-breaking quarter soon, with the latest guidance indicating almost 20 trillion Korean won in operating profit.
Despite fears that artificial intelligence has created a tech stock bubble, NVIDIA has recorded revenues and is looking to beat again in the next quarter.
A new SEC filing indicates that 39% of Nvidia's $46.7 billion revenue in the latest quarter comes from just two unidentified customers.
In the 15 years since its launch, Microsoft has never disclosed Azure's standalone revenue. Today, Microsoft has disclosed Azure's standalone revenue for the first time.
Acer has released its consolidated revenues for June 2025 and some data for the first half of the year. it suggests that businesses are buying hardware ready for the Windows 10 end of life.
While the installed base hit a record high, potential challenges loom from a recent court ruling and estimated $900 million in costs due to tariffs.
Spotify is cracking down on white noise podcasters as they will no longer be eligible for its Ambassador Ads program where it used to pay creators for talking about its podcasting platform.
Meta has released its second-quarter earnings report. It has seen an increase in revenues, an increase in users, and expects its third-quarter revenues to grow even higher to $32-34.5 billion.
Amazon has continued to increase its net sales in the first quarter despite a poorer economic backdrop. Year-over-year, the company is also seeing better figures and expects this to continue into Q2.
Meta has reported year-over-year growth in revenue for the first quarter of 2023. This is despite the worsening economic outlook. Investors have responded positively with the stock up after hours.
Semiconductor revenues are expected to fall by 11% this year down to $532 billion. It comes as business demand for electronics has weakened due to the worsening economic conditions.
Foxconn has reported that its revenue fell by 11.65% compared to the same period last year due to low demand of electronic products worldwide, and also due to manufacturing disruptions in China.
Apple dominated the global smartphone market in 2022, collecting its highest ever operating profit of 85% and 48% of revenue from smartphone sales, according to Counterpoint Research.
Our latest edition of Microsoft Weekly unpacks news about Microsoft's declining revenues in consumer categories, some Windows 11 updates, bugs, and fixes, and a bunch of app enhancements.
IBM will lay off about 3,900 of its employees, equivalent to about 1.5% of the company's workforce. The tech firm will spend about $300 million to pay for the severance of eliminated staff.
Microsoft has posted $52.7 billion in revenue for the previous quarter. While there is decent growth in the cloud, it is mostly offset by declines in the consumer market such as Xbox and Windows.
TSMC, a contract chipmaker, reported that its November revenue totaled 222.71 billion Taiwan dollars ($7.27 billion), representing a 50.2% year-over-year increase with Apple being a major contributor.
Gartner has downgraded its semiconductor revenue growth estimate for next year. The analyst has earlier predicted higher growth, but now revenue will fall by 3.6% in the coming year.
NVIDIA reported $2.04 billion in gaming revenue for the first half of 2022, down from the $3.06 billion it made in 2021. AMD, on the other hand, managed to increase its revenue from gaming.
Microsoft has published a strong quarter for its latest quarter (FY22 Q4) yet again. However, it has blamed global and macroeconomic factors for certain unfavorable financial results.
Netflix confirmed it lost about a million subscribers in Q2 2022. But the streaming service also gained a million new members in the same quarter. Its share prices have jumped and so has its revenue.
Netflix is testing a new subscription model designed to discourage password-sharing without returning extra revenue to the company. Users can set additional streaming homes for $2.99/month.
Content creators can enjoy relief on revenues for another year with Meta's new policy. Revenue cuts on subscriptions etc will now be from 2024. More monetizable features have been introduced too.
Microsoft has reported an exceptionally strong quarter with a revenue of $49.4 billion and a net income of $16.7 billion. This was due to growth across practically all of its business segments.
Instagram has increased the lowest daily limit to 30 minutes. Prior, you could set the app usage limit to 15 minutes but that option is no longer available. The move should help bolster revenues.
Statista has predicted that digital ad revenues will increase from $356 billion to $460 billion by 2024. The growth will be down to growing internet use and a growth in digital platforms.
Acer has announced that it had one of its best Decembers in almost a decade after seeing consolidated revenues in the month reach $1.066 billion. Yearly revenues reached $11.51 billion.
In this week, we learned about some of Microsoft's unannounced projects such as Windows 11 SE, new Defender and Loop apps, and a Surface laptop. There were also some tensions with the .NET community.
Microsoft has reported a strong first quarter of its 2022 fiscal year with a revenue of $45.3 billion. It demonstrated strong growth in cloud offerings and Windows while Surface continued to decline.
A Twitter representative has said that the company is testing the insertion of ads in replies to tweets. It's possible that this experience will be opt-in and creators will receive an ad revenue cut.
Nintendo has announced that it is shutting down Dr. Mario World in November, just a little over two years after the game's launch. The title was reportedly doing poorly in terms of revenue.
Apple has reported strong results for FY21 Q3 in terms of net sales, net income, and gross margins. Services hit an all-time high while hardware sales exhibited growth across the board as well.
The last seven days have brought a very impressive earnings report from Microsoft, an increase of the cut for PC game devs, and a fix for a faulty Windows update. Be sure to catch up via our overview.
Samsung has posted its highest-ever quarterly revenue in Q3 2020 and saw a 52% increase in operating profit led by a strong demand for smartphones, memory chips, and consumer electronics.
Google is looking to offer Samsung a lucrative deal so that the Korean company drops Bixby and Galaxy Apps store from its devices and instead prominently highlights Google's apps and services.
Huawei has cut its Indian revenue target by roughly 50%. Additionally, the firm will lay off 60-70% of its staff in the country, excluding those in research and development and Global Service Centre.