Technology

Artificial Intelligence

Neocloud Competition Heats Up As Nebius’ Market Value Rivals Coreweave’s

Photo via IMAGO/Vincent Isore/IMAGO/IP3press/Newscom

Last month, Coreweave, the largest independent neocloud company, reported its first-quarter revenue doubled to $2.1 billion.

2 min read

Photo via Oura Ring

Technology

Oura Unveils New, Thinner Smart Ring to Rule Them All

Oura said this month, it said it should have more than 5 million paid members this quarter, with plans to IPO later this year.

1 min read
Photo via Andrew Schwartz/SIPA/Newscom

Technology

Salesforce Delivers a SaaSpocalypse Reality Check

Salesforce points to record revenue of $11.1 billion and its own embrace of artificial intelligence to dispel SaaSpocalypse worries.

2 min read
Photo via Alex Milan Tracy/Sipa USA/Newscom

Semiconductors

Micron Joins $1 Trillion Market Cap Club

High-bandwidth memory now accounts for roughly two-thirds of the total AI chip component cost, up from about 50% in early 2024.

2 min read

Semiconductors

Huawei’s Chip Plans: Ambitious or Unrealistic?

Photo via LONG WEI/FEATURECHINA/Newscom

The Chinese company was blacklisted from receiving advanced semiconductor technology in 2019 over national-security concerns.

1 min read

Semiconductors

China Market Fallout Overshadows Nvidia’s Blockbuster Sales Growth

Photo via Tian Yuhao/China News Service/VCG/Newscom

In a call with analysts Wednesday, CFO Colette Kress confirmed that the company generated zero revenue from H200 sales to China.

1 min read

Blockchain

Zcash Surges on Nostalgia for Crypto’s Early Days

Photo via BeneathBlue

Ten-year-old Zcash is a near carbon-copy of bitcoin, with a supply that’ll never exceed 21 million tokens and a four-year halving cycle.

2 min read

Photo via BeneathBlue

Blockchain

Zcash Surges on Nostalgia for Crypto’s Early Days

Ten-year-old Zcash is a near carbon-copy of bitcoin, with a supply that’ll never exceed 21 million tokens and a four-year halving cycle.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Hapabapa via iStock and Vincent Isore, Florian Gaertner, imageBROKER/Mojahid Mottakin, Andrej Sokolow, Wladimir Bulgar/Science Photo Library, and Kyodo via Newscom

Artificial Intelligence

In AI Chip Race, Nvidia’s Biggest Customers Become Competitors

The types of chips that will keep AI’s momentum up are different from those that trained it, creating an opening for rivals to Nvidia.

4 min read
Photo via Mark Hertzberg/ZUMAPRESS/Newscom

Consumer

Amazon, Walmart Wage Ultra-Fast Delivery War

Both companies moved to expand their 30-minute-or-less ultra-fast delivery services across various US cities this past week.

1 min read

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