Glenn Chapman

1 week ago | techxplore.com | Glenn Chapman |Andrew Zinin

Nvidia on Wednesday reported earnings that topped market expectations, with a $4.5 billion hit from US export controls being less than the Silicon Valley chip juggernaut had feared. However, Nvidia Chief Financial Officer Colette Kress warned in an earnings call that export constraints are expected to cost the AI chip titan about $8 billion in the current quarter.

1 week ago | barrons.com | Glenn Chapman

Nvidia on Wednesday reported earnings that topped market expectations, with a $4.5 billion hit from US export controls being less than the Silicon Valley chip juggernaut had feared. Nvidia said it made a profit of $18.8 billion on revenue of $44.1 billion, causing shares to rise nearly four percent in after-market trades. Nvidia in April notified regulators that it expected a $5.5 billion hit in the quarter due to a new US licensing requirement on the primary chip it can legally sell in China.

2 weeks ago | barrons.com | Glenn Chapman

As Google races to lead in artificial intelligence, it faces the challenge of making sure the technology doesn't slow its profit-pumping advertising engine. The internet giant is dabbling with ads in its new AI Mode for online search, a strategic move to fend off competition from ChatGPT while adapting its advertising business for an AI age.

2 weeks ago | thestar.com.my | Glenn Chapman |Alex PIGMAN

MOUNTAIN VIEW, United States: Google on May 20 said it was beefing up online searches with even more generative artificial intelligence, as it presses on with embracing AI despite fears for its ad-based business model. CEO Sundar Pichai, speaking at the company's annual developers event, said Google's search engine would feature a new AI mode, as he boasted that "decades of research" were reaching fruition with the new technology.

2 weeks ago | barrons.com | Glenn Chapman

Epic Games on Tuesday said its hit game "Fortnite" has returned to Apple's digital App Store after being sidelined for years due to a legal battle with the iPhone maker. "Fortnite is BACK on the App Store in the US on iPhones and iPads... and on the Epic Games Store and AltStore in the EU!" the game maker proclaimed in a post on X. Last week, "Fortnite" became unavailable on the App Store around the world, apparently as the result of an updated version of the game being rejected by Apple.