Tech
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Analysts expect Samsung's Q4 operating profit to jump 160% YoY to ~$11.7B, driven by a severe global shortage of memory chips amid booming AI demand (Hyunjoo Jin/Reuters)
Hyunjoo Jin / Reuters: Analysts expect Samsung’s Q4 operating profit to jump 160% YoY to ~$11.7B, driven by a severe global shortage of memory chips amid booming AI demand — Samsung Electronics (005930.KS) is expected to flag a 160% jump in its fourth-quarter operating profit spurred by a severe chip shortage … Source link
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Sources: Meta is buying Manus for $2B+, after approaching the startup during a fundraising at a $2B valuation; Manus CEO Xiao Hong will report to Javier Olivan (Wall Street Journal)
Wall Street Journal: Sources: Meta is buying Manus for $2B+, after approaching the startup during a fundraising at a $2B valuation; Manus CEO Xiao Hong will report to Javier Olivan — The deal for more than $2 billion is one of the first in which a major U.S. tech company has bought a startup with Chinese roots Source link
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Sources reveal inconsistencies in Megaspeed's chip inventory, as the US probes the Singapore AI startup over alleged Chinese ownership and Nvidia chip smuggling (Bloomberg)
Bloomberg: Sources reveal inconsistencies in Megaspeed’s chip inventory, as the US probes the Singapore AI startup over alleged Chinese ownership and Nvidia chip smuggling — Singapore-based Megaspeed has imported tens of thousands more chips than Nvidia saw when checking its data centers. Source link
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Shares in Chinese companies critical to AI infrastructure surged in 2025, with CATL up 45% and Sungrow up 130%, as exports boost margins despite Trump’s tariffs (William Sandlund/Financial Times)
Featured Podcasts Grit: How Evan Spiegel Is Building the Future of Computing Grit explores what it takes to create, build and scale world-class organizations. Subscribe to Grit. Acquired: 10 Years of Acquired (with Michael Lewis) Learn the playbooks that built the world’s greatest companies – and how you can apply them as a founder, operator, or investor. Subscribe to Acquired.…
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Sources: CEO Sam Altman said OpenAI plans to end "code red" after releasing a model in January 2026 with improved image generation, speed, and personality (Wall Street Journal)
Wall Street Journal: Sources: CEO Sam Altman said OpenAI plans to end “code red” after releasing a model in January 2026 with improved image generation, speed, and personality — The CEO is prioritizing achieving mass popularity through ChatGPT versus moonshot projects like artificial general intelligence Source link
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Google, with its structural advantages, is a threat for both OpenAI and Nvidia; OpenAI has a real moat with 800M+ ChatGPT users, but needs an advertising model (Ben Thompson/Stratechery)
Featured Podcasts Big Technology Podcast: Tim Cook’s Final Year?, Big Tech Horse Race, Anthropic’s Profitability Push The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators. Subscribe to Big Technology Podcast. Decoder with Nilay Patel: IBM CEO Arvind Krishna says there is no AI bubble after all A show…
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Google is starting to bridge OpenAI’s product moat, like with Gemini’s “dynamic view” option, which converts a text answer into an interactive, visual output (M.G. Siegler/Spyglass)
Featured Podcasts Grit: She Sold Her Startup for $500 Million, Here’s Her Next Idea Grit explores what it takes to create, build and scale world-class organizations. Subscribe to Grit. Acquired: Coca-Cola Learn the playbooks that built the world’s greatest companies – and how you can apply them as a founder, operator, or investor. Subscribe to Acquired. Lenny’s Podcast: A guide…
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Databricks is in talks to raise money at a valuation of more than $130B, up about 30% from September when it raised a $1B Series K at a $100B valuation (The Information)
Featured Podcasts Decoder with Nilay Patel: Ring’s Jamie Siminoff thinks AI can reduce crime A show from the Verge about big ideas – and other problems. Subscribe to Decoder with Nilay Patel. Grit: Synthetic Data and the Future of AI | Cohere CEO Aidan Gomez Grit explores what it takes to create, build and scale world-class organizations. Subscribe to Grit.…
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Sony Q2: revenue up 4.6% YoY to ~$20.3B, net profit up 6.7% to ~$2.02B, says it sold 3.9M PS5 units, and raises annual operating profit forecast 7.5% to ~$9.3B (Kosaku Narioka/Wall Street Journal)
Kosaku Narioka / Wall Street Journal: Sony Q2: revenue up 4.6% YoY to ~$20.3B, net profit up 6.7% to ~$2.02B, says it sold 3.9M PS5 units, and raises annual operating profit forecast 7.5% to ~$9.3B — It expects U.S. tariffs to weigh on operating profit by ¥50 billion for the current fiscal year, versus ¥ 70 billion estimated previously Source…
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Grab reports Q3 revenue up 22% YoY to $873M, vs. 869M est., and an adjusted EBITDA of $136M, helped by offerings like group food orders and cheaper shared rides (Olivia Poh/Bloomberg)
Olivia Poh / Bloomberg: Grab reports Q3 revenue up 22% YoY to $873M, vs. 869M est., and an adjusted EBITDA of $136M, helped by offerings like group food orders and cheaper shared rides — Grab Holdings Ltd. raised its earnings forecast for the year after quarterly profit topped estimates, helped by novel offerings … Source link
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