10 stories for “TIME”
Two years after the acquisition, Nvidia released the full GPU management platform as open source. The Israeli company's founders committed to this at the time of the deal.
The OpenAI CEO argued on a podcast that memory in home computers is wasted because it is idle most of the time. The remark comes amid a global memory shortage in which AI data centers compete with consumers.
The Tel Aviv and New York cybersecurity company secures AI agents in real time inside the organization. Glilot Capital and Sienna led the round, and the company says revenue has grown eightfold since January.
Dogs that smell cancer, robotic beehives, AI that pays royalties to artists and an AI system for doctors: SpotitEarly, Beewise, Bria AI and Aidoc were named among the year's 300 inventions.
Samsung's chip division accounts for almost all of the profit, thanks to demand for AI memory and HBM4 sales. The company expects the memory shortage to last into 2027.
For the first time Microsoft disclosed its cloud revenue in dollars, with 48% growth. Total revenue jumped 19% to $92.3 billion, and next quarter's forecast is higher than expected.
When Nvidia buys shares of Meta, which buys Nvidia's chips, that isn't confidence in the future. It's a loop. Tonight's results will test the question everyone avoids: who ends up paying.
Investors will look for an answer to one question: is the enormous AI spending already producing revenue. Microsoft will show Azure revenue in dollars for the first time, and Google is expected to report about $128 billion in revenue.
Nvidia will buy $3 billion of stock and AMD $1 billion, as part of a $25 billion offering that was about five times oversubscribed. Meta is also expanding its use of Vera Rubin chips.
Boomi acquired Israel's Elementary Data for about $40 million to $45 million, and Rocket Software bought Geniez AI in a deal estimated at up to $100 million. A trend reshaping Israel's exit map.
