From the Technology category

by Alan Iverson in Technology

Sarah Wynn-Williams, a former Facebook employee, has released a tell-all memoir titled "Careless People," making explosive allegations against former Facebook executives Sheryl Sandberg and Joel Kaplan. The book claims Sandberg spent \$13,000 on lingerie for herself and a young assistant during a European trip, and invited the assistant to bed on a private jet. Wynn-Williams also alleges that Kaplan, a former Marine and Sandberg's ex-boyfriend, engaged in behavior that made her uncomfortable, including pressing against her at a work event and making unsettling remarks. Internal investigations cleared Kaplan of wrongdoing. The memoir further portrays Mark Zuckerberg as obsessed with public adoration and alleges Facebook's secretive attempts to re-enter the Chinese market, involving censorship and data-sharing. Meta denies the allegations, stating Wynn-Williams was fired for poor performance and toxic behavior and that her claims are misleading and unfounded. Wynn-Williams has filed a whistleblower complaint with the SEC.


by Aaron Irving in Technology

Thousands of Microsoft 365 customers experienced issues accessing services like Outlook on Saturday. Microsoft acknowledged the problem on X, stating that various Microsoft 365 services were affected. The company identified and reverted a suspected problematic code change to mitigate the impact. While the outage peaked around 4 p.m. EST, with thousands of reports on Downdetector, Microsoft reported that most services were recovering later in the afternoon. This follows a similar outage experienced by Slack earlier in the week.


by Alfred Ignacio in Technology

Nvidia announced a phenomenal fourth-quarter profit and sales surge, driven by the soaring demand for its Blackwell chips, crucial for powering artificial intelligence systems. For the three months ending January 26th, the company reported a revenue of $39.3 billion—a 12% increase from the previous quarter and a staggering 78% year-over-year growth. Adjusted earnings reached 89 cents per share, exceeding Wall Street's projections of 85 cents per share and $38.1 billion in revenue. Net income hit $22.06 billion, surpassing analyst predictions of $19.57 billion. Nvidia's CEO, Jensen Huang, attributed this success to the "amazing" demand for Blackwell chips, highlighting the increasing importance of compute power in enhancing AI model intelligence. Data center sales, a major revenue contributor for Nvidia, saw a remarkable 93% year-over-year growth, reaching $35.6 billion in the fourth quarter. This growth aligns with President Trump's initiative to invest $500 billion in AI infrastructure through the Stargate project, a joint venture involving OpenAI, Oracle, SoftBank, and Nvidia. Nvidia's CFO, Colette Kress, revealed that fourth-quarter Blackwell sales exceeded expectations, reaching $11 billion—the fastest product ramp in the company's history. Large cloud service providers accounted for approximately 50% of data center revenue. Nvidia's market capitalization has skyrocketed to over $3 trillion, making it the second-largest company on Wall Street. This growth has significantly contributed to the recent record highs of the S&P 500, despite concerns about inflation and potential economic challenges. While acknowledging uncertainty regarding the impact of potential tariffs, Nvidia remains committed to complying with export controls and tariff regulations. The company also addressed the recent emergence of DeepSeek, a Chinese AI company, acknowledging its advancements while emphasizing the export compliance of the technology used. Huang expressed optimism about the future of AI, anticipating a "next wave" encompassing agentic AI, physical AI, and sovereign AI. Nvidia's central role in this development was highlighted, promising continued growth and innovation.


by Aaron Irving in Technology

Nvidia announced a phenomenal fourth quarter, with revenue reaching $39.3 billion, a 12% increase from the previous quarter and a staggering 78% year-over-year growth. This success is largely attributed to the soaring demand for their Blackwell chips, crucial for powering artificial intelligence systems. Adjusted earnings per share reached 89 cents, surpassing analysts' predictions of 85 cents per share and $38.1 billion in revenue. Nvidia's CEO, Jensen Huang, highlighted the 'amazing' demand for Blackwell, emphasizing the role of increased compute power in enhancing AI model intelligence. Data center sales were a major contributor, reaching $35.6 billion – a 93% year-over-year increase. This growth aligns with the White House's initiative involving a $500 billion investment in AI infrastructure, a project where Nvidia is a partner. Nvidia's CFO, Colette Kress, revealed that Blackwell sales exceeded expectations, hitting $11 billion in Q4 – the fastest product ramp in the company's history. Large cloud service providers accounted for about 50% of their data center revenue. Nvidia's market value has exploded to over $3 trillion, making it the second-largest company on Wall Street. Despite concerns about inflation and potential economic challenges, Nvidia's success, along with other AI-related companies, has propelled the S&P 500 to record highs. While acknowledging uncertainty surrounding potential tariffs, Nvidia expressed its commitment to complying with any export controls or tariff regulations. The company also addressed the impact of DeepSeek's new AI model, which briefly caused a dip in Nvidia's stock value but was ultimately viewed as a positive development for the industry. Huang anticipates the next wave of AI innovation, including agentic AI, physical AI, and sovereign AI, with Nvidia at the forefront of these advancements.


by Andrew Ismail in Technology

Nvidia announced a record-breaking fourth quarter, with revenue reaching $39.3 billion—a 12% increase from the previous quarter and a staggering 78% year-over-year growth. This surge is largely attributed to the skyrocketing demand for their Blackwell chips, which power artificial intelligence systems. Adjusted earnings per share reached 89 cents, exceeding analyst predictions of 85 cents and $38.1 billion in revenue. Data center sales were a key driver, reaching $35.6 billion—a 93% increase year-over-year. Nvidia's CEO, Jensen Huang, highlighted the "amazing" demand for Blackwell chips, emphasizing the role of increasing compute power in enhancing AI models. The company forecasts continued growth, projecting approximately $43 billion in revenue for the first quarter of fiscal 2026. Nvidia's success is intertwined with the broader AI boom and major projects like the Stargate initiative, a joint venture involving OpenAI, Oracle, SoftBank, and Nvidia itself, aimed at building AI infrastructure. Despite concerns about tariffs and inflation, Nvidia's strong performance and the overall AI boom have propelled the S&P 500 to record highs. The company's impressive growth has also been noted amidst the emergence of Chinese AI company DeepSeek, which developed a cost-effective large language model. Nvidia acknowledged DeepSeek's innovation, emphasizing the widespread use of its technology. Looking ahead, Nvidia anticipates the next wave of AI innovation, focusing on agentic AI, physical AI, and sovereign AI development, positioning itself as a central player in this transformative technological landscape.


by Alfred Ignacio in Technology

Nvidia announced a phenomenal fourth quarter, with revenue reaching $39.3 billion—a 12% increase from the previous quarter and a staggering 78% year-over-year growth. This success is largely attributed to the massive demand for their Blackwell chips, crucial for powering artificial intelligence systems. Adjusted earnings per share reached 89 cents, exceeding analysts' predictions of 85 cents and $38.1 billion in revenue. Data center sales were a major contributor, reaching $35.6 billion—a 93% increase year-over-year. Nvidia's CEO, Jensen Huang, highlighted the 'amazing' demand for Blackwell chips, stating that AI is advancing at 'light speed'. The company forecasts continued growth, projecting $43 billion in revenue for the first quarter of fiscal 2026. This success is partly fueled by a joint venture with OpenAI, Oracle, and SoftBank, focusing on AI infrastructure development. Despite some concerns about tariffs, Nvidia remains optimistic. The company also addressed the impact of DeepSeek's new AI model, acknowledging its significance while highlighting the continued strong demand for Nvidia's chips. Nvidia's market capitalization has surged to over $3 trillion, solidifying its position as a major player in the AI boom and significantly impacting the overall stock market.


by Amir Izad in Technology

Nvidia announced a phenomenal fourth-quarter profit and sales surge, fueled by the soaring demand for its Blackwell chips, crucial for powering artificial intelligence systems. The company reported revenue of $39.3 billion for the three months ending January 26th, a 12% increase from the previous quarter and a staggering 78% year-over-year jump. Adjusted earnings reached 89 cents per share, exceeding analyst predictions of 85 cents per share and $38.1 billion in revenue. Net income hit $22.06 billion, surpassing expectations of $19.57 billion. Nvidia's CEO, Jensen Huang, attributed the success to the "amazing" demand for Blackwell chips, highlighting the increasing importance of compute power in AI development. Data center sales were a major contributor, reaching $35.6 billion—a 93% year-over-year increase. This growth is partly linked to President Trump's initiative involving a $500 billion investment in AI infrastructure through a partnership including OpenAI, Oracle, SoftBank, and Nvidia. Nvidia's CFO, Colette Kress, revealed that fourth-quarter Blackwell sales exceeded expectations, reaching $11 billion—the fastest product ramp in the company's history. Large cloud service providers accounted for approximately 50% of data center revenue. Nvidia's market value has skyrocketed to over $3 trillion, making it the second-largest company on Wall Street, significantly impacting market indexes. Despite concerns about inflation and tariffs, Nvidia's strong performance has helped propel the S&P 500 to record highs. The company is awaiting clarity on the impact of potential tariffs. The emergence of DeepSeek, a Chinese AI company, initially caused a brief dip in Nvidia's stock value, but Nvidia acknowledged DeepSeek's advancements as positive for the industry. Huang anticipates a "next wave" of AI development, encompassing agentic AI, physical AI, and sovereign AI, with Nvidia positioned at the forefront.


by Alice Ibarra in Technology

Nvidia announced a phenomenal fourth-quarter profit and sales surge, fueled by the massive demand for its Blackwell AI chips. Revenue reached $39.3 billion, a 12% increase from the previous quarter and a staggering 78% year-over-year growth. Adjusted earnings per share hit 89 cents, exceeding analyst predictions. Nvidia's CEO, Jensen Huang, attributed the success to the increasing importance of compute power in AI, stating that "demand for Blackwell is amazing." Data center sales were a key driver, reaching $35.6 billion, a 93% year-over-year increase. This growth is partly linked to a new AI infrastructure project involving OpenAI, Oracle, SoftBank, and Nvidia, which aims to invest up to $500 billion. Nvidia's CFO, Colette Kress, highlighted the exceptional performance of Blackwell sales, exceeding expectations at $11 billion in the fourth quarter. Large cloud service providers accounted for roughly 50% of data center revenue. Nvidia's market capitalization has soared to over $3 trillion, making it the second-largest company on Wall Street. The company's success has significantly contributed to the recent record highs of the S&P 500, despite economic concerns. While acknowledging uncertainty regarding potential tariffs, Nvidia remains optimistic about future growth, projecting $43 billion in revenue for the first quarter of fiscal 2026. The company also addressed the impact of DeepSeek's new AI model, acknowledging its innovation while emphasizing its compliance with export controls. Huang highlighted the "next wave" of AI, including agentic AI, physical AI, and sovereign AI, with Nvidia positioned at the center of these developments.


by Alice Ibarra in Technology

Nvidia announced a massive surge in fourth-quarter profit and sales, exceeding Wall Street's expectations. Revenue reached $39.3 billion, a 12% increase from the previous quarter and a staggering 78% year-over-year growth. This success is largely attributed to the high demand for their Blackwell chips, crucial for powering artificial intelligence systems. Data center sales were a key driver, reaching $35.6 billion, a 93% increase year-over-year. Nvidia's CEO, Jensen Huang, highlighted the "amazing" demand for Blackwell chips, emphasizing the role of AI in driving this growth. He also predicted continued growth, forecasting $43 billion in revenue for the first quarter of fiscal 2026. The company's success has propelled its market value to over $3 trillion, making it the second-largest company on Wall Street. Despite concerns about inflation and potential economic challenges, Nvidia's performance, along with other AI-related companies, has significantly contributed to the recent record highs of the S&P 500. The company acknowledged potential impacts from tariffs but stated they are awaiting further clarification from the administration. The emergence of DeepSeek, a Chinese AI company, briefly impacted Nvidia's stock, but the company ultimately viewed DeepSeek's advancements as positive for the industry. Nvidia's future outlook remains positive, with Huang predicting a "next wave" of AI development in areas such as agentic AI, physical AI, and sovereign AI.


by Andrew Ismail in Technology

Nvidia closed 2024 with record-breaking sales and profits, exceeding Wall Street's expectations and calming fears about the AI industry's future. Despite a slight initial dip, Nvidia's shares surged after reporting a stunning $39.3 billion in sales for the January quarter—a 78% year-over-year increase. Profits soared 72% to $22 billion. For the full year, profits more than doubled to $74.3 billion. The company projects another massive increase, forecasting $43 billion in sales for the current quarter, a 65% year-over-year growth. This success comes despite the launch of DeepSeek, a highly efficient AI model from a Chinese startup, which raised concerns about overspending in the US AI sector. However, major tech companies continue to invest tens of billions of dollars in AI infrastructure, and analysts believe that more efficient AI models will accelerate adoption, benefiting Nvidia. Nvidia's CEO, Jensen Huang, envisions a future where AI permeates various aspects of life, including autonomous vehicles. The company's strong performance has boosted the overall tech market, with shares of other tech giants also rising.