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Friday 13 December 2024
Cloud wars: Top players set to dominate AI landscape by 2025, according to Sequoia report
In a sweeping analysis of the AI sector, Sequoia Capital projects a widening competitive moat among leading cloud providers through 2025, as infrastructure buildout reaches critical...
Wednesday 4 December 2024
AWS unveils Amazon Nova models
AWS has expanded beyond its existing Titan series with the introduction of the Nova family of AI models. The announcement came during the annual AWS conference, where Amazon CEO Andy...
Monday 25 November 2024
Global server shipments up in 3Q24 thanks to major CSPs, but to slip in 4Q24, says DIGITIMES Research
DIGITIMES Research estimates that global server shipments in the third quarter of 2024 grew by 4.3% compared to the previous quarter, surpassing its earlier forecasts, but because...
Monday 25 November 2024
India roundup: Foxconn revises recruitment ads in India after discrimination allegations
Foxconn addresses discriminatory ads and requests neutral recruitment practices. CCI fines Meta US$25.3 million for abusing market dominance in India.
Friday 22 November 2024
Meta Orion outshines Apple Vision Pro as next-gen tech breakthrough
In September, Meta Platforms CEO Mark Zuckerberg introduced Orion, a highly anticipated prototype of augmented reality (AR) glasses, during a private event. Marketed as a potential...
Wednesday 20 November 2024
Indian antitrust regulator fines Meta for anti-competitive practices
The Competition Commission of India (CCI) imposed a substantial fine of INR2.13 billion (approx. US$25.3 million) on Meta, the parent company of WhatsApp, citing the abuse of its...
Tuesday 19 November 2024
Trump's return sparks concerns over AI regulation and cloud operations in China
President-elect Donald Trump will be sworn in on January 20, 2025. A primary concern in the software sector is the potential tightening of regulations on open-source models and the...
Monday 18 November 2024
Brands compete in the AI+ eyewear market, with Xiaomi and Baidu joining the fray
Recently, Meta unveiled its new augmented reality (AR) glasses prototype, Orion, alongside the smart glasses, Ray-Ban Meta, which was developed in collaboration with Ray-Ban. This...
Tuesday 12 November 2024
Global server market, 3Q 2024

Introduction

Wednesday 6 November 2024
Meta advances XR ecosystem to power next-gen smart devices, says DIGITIMES Research
Meta's XR division, Reality Labs, remains unprofitable despite revenue growth, with Quest 3 sales driving a 30% increase in the first quarter and 28% in the second quarter of 2024...
Tuesday 5 November 2024
Meta ups investment in AI and XR despite rising losses, eyes 2025 growth
Meta Platforms has raised its 2024 capex forecast to between US$38 billion and US$40 billion, slightly above its earlier projection of US$37 billion to US$40 billion. This adjustment...
Monday 4 November 2024
Tech giants are set to spend US$200 billion this year chasing AI
Three months ago, Wall Street punished the world's largest technology firms for spending enormous amounts to develop artificial intelligence (AI), only to deliver results that failed...
Thursday 31 October 2024
OCP Summit highlights rise of AI hardware demand, Intel-AMD x86 alliance
The Open Compute Project (OCP) Summit, held in San Jose on October 14, drew record crowds of over 7,000 attendees and more than 100 exhibitors, along with over 200 specialized presentations...
Thursday 31 October 2024
Meta earnings recap: 3Q24 revenue hits record US$40.6bn amid concern over slower user growth
Meta Platforms Inc. announced its third-quarter 2024 earnings on October 30, surpassing expectations due to robust ad revenue and AI advancements. As the largest social media company,...
Thursday 31 October 2024
Potential sluggish iPhone 16 sales could restrict Apple's AI development
Apple is following in the footsteps of other tech companies, cautiously leveraging AI to boost iPhone sales. However, analysts believe that the declining upgrade rate for wireless...