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Atlassian reports Q3 revenue up 14% YoY to $1.36B, vs. $1.29B est., and a net loss of $70.8M, vs. a $12.8M net profit a year ago; TEAM drops 16%+ after hours (Duncan Riley/SiliconANGLE)

Duncan Riley / SiliconANGLE : Atlassian reports Q3 revenue up 14% YoY to $1.36B, vs. $1.29B est., and a net loss of $70.8M, vs. a $12.8M ...

22 January 2025

Sources: ByteDance plans to spend ~$5.5B to acquire AI chips in China in 2025, double the amount spent in 2024, with ~60% going to Chinese suppliers like Huawei (Financial Times)

Financial Times:
Sources: ByteDance plans to spend ~$5.5B to acquire AI chips in China in 2025, double the amount spent in 2024, with ~60% going to Chinese suppliers like Huawei  —  Chinese owner of video app seeks growth from AI as its social media business comes under pressure in US

Posted from: this blog via Microsoft Power Automate.

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