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Tag: earnings
Nvidia defends financing loop that feeds its own chip sales
Colette Kress detailed how $500B of partner capital will flow to AI labs that spend it on Nvidia…
Data center sales lift Nvidia to a $96B quarter
Nvidia revenue hit $96.2 billion in the June quarter, up 106 percent year over year, with data center…
Insilico turns its first profit on AI drug dealmaking
The generative AI biotech posts $35.5M net profit on a first-half revenue surge.
CoreWeave quarterly sales double as borrowing costs climb
The neocloud's revenue jumped 112 percent but losses and interest costs grew with its infrastructure bet.
Meta lifts AI spending past $130B as Zuckerberg predicts personal agents for billions
Meta's Q2 revenue tops $60B as the company raises its AI spending floor and discloses $279B in future…
Microsoft Azure surpasses $100B as Copilot seating doubles across the enterprise
Azure crosses the nine-figure annual revenue threshold for the first time while Microsoft 365 Copilot reaches 30 million…