Industry & Business

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Industry & Business

Google's Stock Plummets $500 Billion as AI Features Impact Search Revenue

Despite strong year-over-year growth, parent company Alphabet's shares fell sharply following earnings reports, with AI's impact on search monetization cited as a key factor.

Industry & Business

Early Access 'Abuse' by AAA Publishers Skews Player Expectations, Denis Dyack Claims

The veteran developer argues that major studios are using early access as a marketing tool, disadvantaging smaller independent developers.

Industry & Business

Samsung Forecasts Worsening RAM Shortage Through 2027 Driven by AI Demand

The company's latest earnings report indicates a continued prioritization of high-bandwidth memory for data centers over consumer-grade RAM, exacerbating existing supply chain issues.

Industry & Business

Xbox Aims for Industry-Leading Profitability by 2030, CEO Sharma Reveals

Microsoft's gaming division outlines a strategy focused on diverse revenue streams and player growth to outpace PlayStation and Nintendo.

Industry & Business

$60 Million AI Supercomputer Listed on eBay

The massive 300-rack cluster offered 9,600 Nvidia A100 GPUs and 4,200 AMD EPYC CPUs, with a hefty 1.4 petabytes of memory.

Industry & Business

Minecraft Creator Lists Beverly Hills Mansion for $70 Million

Markus Persson's record-breaking 2014 purchase is back on the market, with the billionaire citing a lack of time spent in Los Angeles as his reason for selling.

Industry & Business

Atari Hotel and Esports Venue Breaks Ground in Phoenix

The first Atari-branded hotel, featuring high-tech rooms and an esports venue, has begun construction in Phoenix, Arizona.

Industry & Business

Malaysian Authorities Seize Over $12 Million in AI Chips Smuggled Through KLIA

Customs officials intercepted 30 servers falsely declared as electronic components, highlighting ongoing efforts to circumvent AI chip export restrictions.

Industry & Business

Massive AI Data Center Freight Thefts Exceed $100 Million

Authorities report a surge in stolen shipments of specialized hardware crucial for artificial intelligence development.