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Foxconn reports Q1 revenue up 15.8% YoY to ~$62B, driven by strong demand for iPhones and AI servers powered by Nvidia chips, meeting analysts' expectations (Debby Wu/Bloomberg)

Debby Wu / Bloomberg : Foxconn reports Q1 revenue up 15.8% YoY to ~$62B, driven by strong demand for iPhones and AI servers powered by Nv...

3 October 2024

As Satya Nadella says AI models are becoming "more of a commodity", OpenAI faces formidable challenges, including burning through cash and intense competition (Richard Waters/Financial Times)

Richard Waters / Financial Times:
As Satya Nadella says AI models are becoming “more of a commodity”, OpenAI faces formidable challenges, including burning through cash and intense competition  —  Latest funding round has boosted the company's valuation to $150bn, but it faces formidable challenges

Posted from: this blog via Microsoft Power Automate.

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