Alphabet and NVIDIA both reported strong earnings, but which is America's most profitable company depends on the profit measure used. Alphabet leads in reported net income, boosted by large paper gains from its SpaceX stake, showing $244.1 billion over the last year. However, NVIDIA leads in operating income, a metric that better reflects core business performance, with $197.6 billion compared to Alphabet's $147.6 billion. The difference highlights how paper gains from private investments can skew profit figures, making NVIDIA the leader in operational profitability while Alphabet shows higher headline profits largely due to equity revaluations.
Amazon shares rose 4% after announcing a major expansion of its GPU deal with NVIDIA to deploy 2 million additional GPUs for AI and robotics workloads, signaling strong AWS growth. Despite supplying the chips, NVIDIA's stock fell 4% due to a broader ...
Google has changed its site reputation policy in the European Economic Area (EEA) following pressure from the European Commission, which investigated the policy for potentially breaching the EU's Digital Markets Act. The original policy, introduced i...
Marvell Technology's stock fell 7% despite reporting record Data Center revenue and raising its fiscal 2027 and 2028 outlooks. The decline is due to the timing of a large AI deal with Google, which will deliver significant revenue starting in fiscal ...
Barret Zoph, co-founder of AI startup Thinking Machines and former OpenAI executive, has left OpenAI after a brief return to join Google as vice president of research. Zoph's move highlights the high turnover in the AI industry, especially at OpenAI,...
Over 100 leading tech companies, including OpenAI, Google, Microsoft, and cybersecurity firms like Crowdstrike, have signed an open letter calling for joint efforts between private and public sectors to combat increasing AI-enabled cyber threats. The...
