NVIDIA’s stunning $60.9B revenue in 2024 showcases its resilience amid AI market uncertainties. With 78% sales growth and doubled profits, the chipmaker remains a crucial player in the AI industry, despite emerging competitors like DeepSeek.
Category: Business
Amazon’s $100B AI Gamble: Alexa+ Pricing Reveals Ambitious Strategy
Amazon’s colossal $100 billion AI investment takes center stage with the reveal of Alexa+ pricing. This ambitious strategy marks a pivotal moment in the tech giant’s evolution, potentially reshaping the AI landscape and consumer interactions.
5 Ways HP IQ’s Lab Will Use Humane’s $116M AI Assets
HP’s IQ Lab just acquired Humane’s $116M AI assets, marking a significant move in the tech world. What does this mean for the future of computing? We’ve identified 5 key areas where HP plans to integrate these cutting-edge AI capabilities.
‘The Market Is Reacting’: Block Shares Fall as BNPL Growth Slows
Block’s shares tumbled 16% as spending growth slowed, raising concerns about its future. Cash App and Square units reported reduced profit growth, while the company bets on BNPL expansion to drive profits in 2025. Investors question long-term economics amid fierce competition.
$599 iPhone 16e, 3 Myths You Shouldn’t Believe: Apple Adds AI, Ditches the Fingerprint Scanner
Apple’s new iPhone 16e brings flagship features to a more affordable price point. With Apple Intelligence, an A18 chip, and a 6.1-inch OLED display, it’s a compelling option for those seeking high-end performance without breaking the bank.
Amazon Pulls the Plug on its Android App Store That You Never Used Anyway
Amazon is closing its Android app store on August 20, 2025. The company will stop accepting new app submissions and discontinue its Amazon Coins program. Users with remaining Coins will receive refunds. The app store will continue on Fire TV and Fire Tablet devices.
Captain America: Brave New World Crosses $100M Mark, But Is It Enough for MCU?
Captain America: Brave New World tops the box office with $88.5M, aiming to surpass $100M over Presidents’ Day weekend. While not record-breaking, it outperforms recent MCU releases, potentially reviving interest in the franchise.
Is Apple’s Alibaba Alliance a Smart AI Play or a Dangerous Bet for iPhones in China?
Apple’s partnership with Alibaba to roll out AI services for iPhones in China marks a significant move. While it addresses compliance issues, questions remain about its impact on Apple’s market share amid fierce local competition.
TikTok Reclaims Its Spot: US App Stores Welcome Back the Social Media Giant
TikTok’s rollercoaster ride in the US takes another turn as Apple and Google restore the app to their stores. With Trump’s executive order buying time, ByteDance races to secure TikTok’s future in America. The saga continues, leaving users and tech giants on edge.
Key Investors: How Musk Assembled a $97B War Chest for His OpenAI Takeover Bid
Elon Musk is at the forefront of a massive $97.4 billion bid to acquire OpenAI, backed by a consortium of influential investors. Understand the motivations, the key players, and the potential implications of this high-profile takeover attempt.
