Nykaa’s Q1 Snapshot, Klassroom Wraps Up IPO & More
Nykaa’s Stellar Q1 Nykaa fired on all cylinders in Q1. The quarter saw the beauty ecommerce giant clock a three-fold…
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FundingDon’t screw this up, Marvel
In less than a week, Spider-Man: Brand New Day raked in $1 billion worldwide and had the biggest box office opening weekend in Hollywood history. The feature has been a reminder of why Sony is probably never going to give up the Spider-Man film rights, and highlighted how Marvel…
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FundingAMD’s datacenter business is booming while gaming takes a backseat
Driven by demand for AI capacity, AMD's data center revenue more than doubled year-over-year in its latest earnings report, reaching $6.7 billion. That's up from $5.8 billion in Q1, and jumping 107 percent from the $3.2 billion it reported for the same period a year ago. During…
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FundingSpaceX has more neocloud revenue
SpaceX's AI revenue grew more than three times to $2.6 billion from the year before, mostly because of deals that the company made to provide compute to other AI companies, according to SpaceX's quarterly earnings. The AI division, which the company said in its documents to go p…
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FundingEA is now a private company
Electronic Arts has officially become a private company. Last September, EA announced that an investor group led by Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity Partners would be taking the company private in a $55 billion deal, and on Tuesday, EA said…
Read at The Verge