:Intel's upbeat revenue projections on Thursday masked a sore point for the embattled company: chips touted for artificial intelligence have not lived up to sales expectations.The chipmaker scrapped its recent forecast that in 2024 it would sell more than $500 million worth of Gaudi accelerator chips, so call

Intel's AI chip sales fall short of expectations, impacting revenue forecast and raising questions about company's future strategy.

Microsoft revenue is up, shareholder confidence down

Microsoft VP Brett Iversen reiterated that the firm will not be able to address AI capacity constraints until the second half of its fiscal year.

:Facebook owner Meta Platforms on Wednesday warned of "significant acceleration" in artificial intelligence-related infrastructure expenses next year, while beating analysts' estimates for third-quarter revenue and profit.The results sent mixed signals to investors about whether digital ad sales from Meta's c

Revenues rose 19 per cent to $40.6 billion, slightly higher than analyst estimates

Facebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artificial intelligence, drawing nervousness from investors. Like its Big Tech peers, Meta is rushing into artificial intelligence as it tries to build revenue streams away from its social media core business.

Facebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artificial intelligence, drawing nervousness from investors. Like its Big Tech peers, Meta is rushing into artificial intelligence as it tries to build revenue streams away from its social media core business.