Articles by Sarah Chen
Google Slashes Play Store Fees, Settles Epic Antitrust Case
Alphabet's Class C stock declined after Google unveiled significant reductions to its Play Store commission structure and expanded billing flexibility for developers, stemming from an updated legal settlement with Epic Games.
Netflix Doubles Down on 'One Piece' as Subscriber Growth Strategy Faces Test
Netflix launches the second season of its live-action 'One Piece' series, a key part of its international franchise strategy, as J.P. Morgan upgrades the stock on strong content and advertising potential.
AMD Partners with University of Toronto on Major AI Research Initiative
Advanced Micro Devices has established a collaborative artificial intelligence research laboratory with the University of Toronto, committing to support 100 projects over a three-year period while donating advanced computing hardware.
Micron Launches High-Density AI Server Memory, Nvidia Backs Efficiency Push
Micron Technology has started shipping samples of its new 256GB SOCAMM2 low-power server memory module, designed specifically for AI data center workloads. The module scales to 2TB per CPU and consumes significantly less power than standard DDR5.
Nvidia Reallocates TSMC Capacity from China-Bound H200 to Vera Rubin AI Platform
Nvidia has reportedly stopped manufacturing its H200 AI chips for the Chinese market, reallocating Taiwan Semiconductor Manufacturing Co. capacity to its next-generation Vera Rubin platform. The company holds U.S. licenses for limited H200 shipments to China, but no sales have occurred.
AWS Launches AI Platform to Automate Healthcare Administrative Tasks
Amazon's cloud division has unveiled Amazon Connect Health, an AI-driven platform aimed at reducing administrative burdens in healthcare by automating tasks like patient verification and clinical documentation. Early adopters report efficiency gains, with Amazon shares rising slightly on the news.
Hut 8 Soars on Bitcoin Rally and AI Data Center Expansion
Hut 8 shares climbed nearly 14% Wednesday, buoyed by bitcoin's surge to $74,000 and an analyst price target increase. The company is advancing AI data center projects and deploying new mining rigs.
AMD Partners with University of Toronto to Launch AI Research Hub Amid Intensifying Chip Competition
Advanced Micro Devices has launched a new artificial intelligence research laboratory in partnership with the University of Toronto, aiming to support 100 projects over three years. AMD shares surged approximately 6% in premarket trading following the announcement.
Nokia Partners with Telia to Pioneer AI-Enhanced 5G Network Trials
Nokia and Telia Finland are collaborating to develop and test AI-integrated radio access networks for 5G, aiming to improve performance and explore new revenue streams. The announcement coincides with a regulatory filing showing FMR LLC now holds over 5% of Nokia's shares.
Ondas Secures $20M Border Drone Contract, Stock Rises
Ondas Holdings announced its Airobotics division received a $20 million initial purchase order as prime contractor for a national border-protection drone program, triggering development and phased deployment. The company's stock closed 4.9% higher.
AppLovin Sees Upside to Gaming Ad Growth Target, Shares Rally
AppLovin's CFO indicated the company's gaming advertising growth target of 20% to 30% may have upside potential, following a strong share price rally. The company also announced a major client successfully moved over 30 live games to its measurement platform.
CXApp Stock Surges on Workplace Analytics Revealing High Desk No-Show Rates
Shares of workplace software provider CXApp Inc. rose approximately 10% in pre-market trading after the company released analytics showing high desk no-show rates at a large enterprise tech client. The data underscores ongoing challenges with office space utilization in hybrid work environments.