Pinned post

Sources: Amazon is in talks to invest $10B+ in OpenAI at a $500B+ valuation, with OpenAI using AWS Trainium chips; Microsoft keeps rights to sell OpenAI models (The Information)

The Information : Sources: Amazon is in talks to invest $10B+ in OpenAI at a $500B+ valuation, with OpenAI using AWS Trainium chips; Micr...

12 June 2025

Adobe reports Q2 revenue up 11% YoY to $5.87B, vs. $5.8B est., Digital Media revenue up 11% to $4.35B, and forecasts Q3 revenue above estimates (Brody Ford/Bloomberg)

Brody Ford / Bloomberg:
Adobe reports Q2 revenue up 11% YoY to $5.87B, vs. $5.8B est., Digital Media revenue up 11% to $4.35B, and forecasts Q3 revenue above estimates  —  Adobe Inc. gave a sales outlook for the current quarter that topped analysts' estimates, but investors remain skeptical that the leader in creative software can outduel AI-focused upstarts.

Posted from: this blog via Microsoft Power Automate.

Daily Deals