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News
Moonshot’s Kimi growth tests the business case for open-weight AI
12+ hour, 22+ min ago (837+ words) AI & Intelligence, Asia Pacific Focus, Business Intelligence, China, Generative AI & LLMs, Startups, Investments, M&A Chinese AI company Moonshot AI is targeting US$2 billion in annualised revenue by the end of 2026, putting new figures behind the commercial growth of its…...
Prediction: ServiceNow's AI Business Triples Before 2029
16+ hour, 41+ min ago (571+ words) ServiceNow said its AI products crossed $1 billion in annual contract value in the second quarter of 2026. Reaching $3 billion before 2029 implies about 55% annual growth. Management's own 2030 targets call for AI to reach 30% of the company's total annual contract value. When enterprise…...
Demand for self-service AI fuelling growth for Snowflake
3+ day, 12+ hour ago (1111+ words) Snowflake has enjoyed another bumper year in New Zealand with demand “skyrocketing” and a boost in headcount. “The past year has been unbelievable,” Snowflake NZ country manager Tony Shaw told Reseller News at the vendor’s Snowflake World Tour event in…...
Nvidia and Broadcom Battle for AI Data Center Dominance as Spending Supercycle Accelerates — BigGo Finance
18+ hour, 14+ min ago (563+ words) Broadcom has carved out a different but equally ambitious position. Custom accelerators, known as XPUs, are the primary growth engine. In the last quarter, XPU shipments accounted for 73% of the company's $16.7 billion in AI semiconductor sales. Infrastructure software, bolstered by…...
Jensen Huang forecasts 70% Nvidia revenue growth as AI demand expands
1+ day, 1+ hour ago (206+ words) Nvidia chief executive Jensen Huang has said the company could deliver 70% year-on-year revenue growth, citing demand for AI infrastructure and visibility over its customers’ expansion plans. Speaking at the Goldman Sachs Communacopia and Technology Conference on September 10, Huang said Nvidia’s…...
Jensen Huang Advises Former Nvidia Staff Launching AI Startups
1+ day, 2+ hour ago (234+ words) Nvidia CEO Jensen Huang has delivered blunt feedback, personal advice, and strategic guidance to former employees leaving the semiconductor giant to establish their own technology startups, according to reports by Business Insider. Former Nvidia robotics developers David Hoeller and Nikita…...
Windows 11 26H1's September build brings fixes and a recovery option
1+ day, 4+ hour ago (387+ words) Microsoft‘s latest Windows 11 26H1 preview gives users a clearer look at the changes arriving in the operating system’s next servicing cycle. The August 27 build, listed as KB5120996, includes quality improvements and a set of changes that Microsoft says will roll out…...
Here’s what Nvidia CEO Jensen Huang does when employees tell him they’re quitting
1+ day, 4+ hour ago (480+ words) Nvidia CEO Jensen Huang has offered departing employees a mix of blunt criticism, encouragement and personal advice as they leave the chipmaker to launch startups, according to Business Insider. David Hoeller and Nikita Rudin, who previously worked on robotics at…...
Nvidia's Huang says next year's revenue could rise 70 percent
3+ day, 14+ hour ago (538+ words) [DigitalToday intern reporter Seungah Yoo] Nvidia CEO Jensen Huang (Jensen Huang) reiterated a forecast that Nvidia's revenue next year could grow 70 percent from the previous year. He said growth would continue because Nvidia is deeply embedded across the AI ecosystem…...
CEO Jensen Huang offers candid advice to departing Nvidia staff
1+ day, 5+ hour ago (228+ words) IndiaIPO CEO Jensen Huang offers candid advice to departing Nvidia staff As they were preparing to leave Nvidia, David Hoeller and Nikita Rudin anxiously hopped on a late-night call with their CEO. The two had spent years working on robotics…...