Written by Cryptopolitan
Written by Cryptopolitan
IBM cuts year revenue forecast after stock plungesIBM dropped its full-year revenue growth target on Wednesday to between 4% and 5% from a prior forecast of over 5%, after sales of its mainframe hardware fell 42% in the second quarter. The cut confirms to shareholders who had watched the stock recover over the last few years that IBM’s most profitable legacy business...
IBM dropped its full-year revenue growth target on Wednesday to between 4% and 5% from a prior forecast of over 5%, after sales of its mainframe hardware fell 42% in the second quarter. The cut confirms to shareholders who had watched the stock recover over the last few years that IBM’s most profitable legacy business...
Microsoft expands Mistral AI partnership with multi-billion dollar deal for AI computeMicrosoft has agreed on Tuesday to pour billions into Mistral’s European data centers and pull the French startup’s models deeper into its own products in a deal aimed at giving enterprises in regulated industries an avenue to run AI on European infrastructure. Microsoft’s Vice Chair and President, Brad Smith, told Reuters that the agreement adds...
Microsoft has agreed on Tuesday to pour billions into Mistral’s European data centers and pull the French startup’s models deeper into its own products in a deal aimed at giving enterprises in regulated industries an avenue to run AI on European infrastructure. Microsoft’s Vice Chair and President, Brad Smith, told Reuters that the agreement adds...
Why is Super Micro’s stock suddenly a best-performer?Super Micro (NASDAQ: SMCI) suddenly became one of Tuesday’s standout stocks after the server company gave investors a much better profit picture for the June quarter. SMCI surged by 15% during Tuesday’s trading session after management said margins should land far above the range issued in May. The company also reported a rush of new...
Super Micro (NASDAQ: SMCI) suddenly became one of Tuesday’s standout stocks after the server company gave investors a much better profit picture for the June quarter. SMCI surged by 15% during Tuesday’s trading session after management said margins should land far above the range issued in May. The company also reported a rush of new...
Google ships three cheaper Gemini models, flagship Pro still delayedGoogle DeepMind has released three new Gemini Flash models that are all tuned for cheaper and faster AI agents. Meanwhile, the flagship Gemini 3.5 Pro that developers have waited on since February is still stuck in partner testing. What are the new Gemini flash models? Google has released three new models, each with a specific...
Google DeepMind has released three new Gemini Flash models that are all tuned for cheaper and faster AI agents. Meanwhile, the flagship Gemini 3.5 Pro that developers have waited on since February is still stuck in partner testing. What are the new Gemini flash models? Google has released three new models, each with a specific...
Alibaba jumps 5.4% after unveiling flagship AI modelAlibaba claims its latest AI model is the world’s strongest after Anthropic’s top system. This move comes as China now stands face to face with U.S AI rivals. The company unveiled a preview of Qwen3.8-Max, the flagship model in its Qwen lineup, through an official X post on Sunday. The preview is now accessible on...
Alibaba claims its latest AI model is the world’s strongest after Anthropic’s top system. This move comes as China now stands face to face with U.S AI rivals. The company unveiled a preview of Qwen3.8-Max, the flagship model in its Qwen lineup, through an official X post on Sunday. The preview is now accessible on...