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Nvidia expects to lose billions in revenue due to H20 chip licensing requirements

As Nvidia reports earnings for the first quarter of its fiscal year 2026, which closed on April 28, the company has released numbers on how the Trump administration’s recent chip export restrictions are affecting business. Nvidia reported that it incurred a $4.5 billion charge in Q1 due to licensing requirements impacting its ability to sell […]

Stellantis pivots to Google’s Android as in-car partnership with Amazon ends

Three years ago, Stellantis announced it was pairing up with Amazon to create in-car software that would bring a slew of connected products and services to vehicles by 2024 as part of the automaker’s broader plan to generate $22.5 billion annually from software. That never happened. And now, the partnership is “winding down,” Reuters reported. […]

DeepSeek updates its R1 reasoning AI model, releases it on Hugging Face

Chinese startup DeepSeek has released an updated version of its R1 reasoning AI model on the developer platform Hugging Face after announcing it in a WeChat message Wednesday morning. The updated R1, which is under a permissive MIT license, meaning it can be used commercially, is a “minor” upgrade, according to DeepSeek’s WeChat announcement. The […]

Karat Financial is bringing business banking to creators

Karat Financial, the company known for its credit cards for creators, is launching a creator-focused business banking product. Powered by digital bank Grasshopper, Karat’s banking product is a natural extension of its credit card offering with Visa. “Six years in, the problem we’re solving is still the same,” co-founder and co-CEO Eric Wei told TechCrunch. […]

Odyssey’s new AI model streams 3D interactive worlds

Odyssey, a startup founded by self-driving pioneers Oliver Cameron and Jeff Hawke, has developed an AI model that lets users “interact” with streaming video. Available on the web in an “early demo,” the model generates and streams video frames every 40 milliseconds. Via basic controls, viewers can explore areas within a video, similar to a […]

Meta wants to open more retail stores

Meta wants to grow its retail footprint, Business Insider reported on Wednesday. As Meta continues to invest in wearables, these stores would ideally help Meta boost the sales of hardware like the Ray-Ban Meta glasses and the Meta Quest VR headsets. These products may be easier to sell if customers can try them out at […]

Netflix co-founder Reed Hastings joins Anthropic’s board

Netflix co-founder Reed Hastings is joining Anthropic’s board of directors, the company announced on Wednesday. Hastings’ appointment adds a veteran big tech executive to one of OpenAI’s largest — and youngest — competitors in the AI race. The Netflix co-founder seems likely to help Anthropic grow from a startup into a major company, pulling from […]

AMD buys silicon photonics startup Enosemi to fuel its AI ambitions

AMD has acquired Enosemi, a startup designing custom materials to support silicon photonics product development. The terms of the deal, announced Wednesday, weren’t disclosed. Silicon photonics uses light — photons — to transmit data, offering a faster and more efficient alternative to traditional electrical communication. AMD and other chipmakers have shown an increasing interest in the […]

Family safety app Life360 adds Tile’s lost-item trackers, years after its acquisition

Over three and a half years after family locator app Life360 acquired lost item tracker Tile for $205 million, the two services are finally fully integrated. On Wednesday, Life360 announced that the item-finding capabilities of Tile, a competitor to Apple’s AirTag and other Bluetooth-based trackers, are now available from inside its main app. The update […]

Why export restrictions aren’t the only thing to pay attention to in Nvidia’s earnings

After the market closes on Wednesday, Nvidia will report earnings for the first quarter of its fiscal year 2026, which ended on April 27. While many in the industry are likely eager to hear how the recent whiplash surrounding U.S. chip export controls will impact Nvidia’s international chip business and future guidance, not everyone thinks […]

Discord explores virtual rewards for its ad product as it prepares for a potential IPO

Discord announced on Wednesday that it’s experimenting with a new virtual reward system aimed at encouraging more users to engage with its interactive ads. This new feature, called “Orbs,” comes on the heels of the company preparing for a potential IPO.  Users can earn Orbs by completing “Quests,” Discord’s ad format where advertisers incentivize users […]

With iOS 19 on the way, Apple looks toward mobile gaming

With Apple’s flagship Worldwide Developers Conference (WWDC) event a few weeks away, the company is signaling that it’s paying attention to the opportunity of mobile gaming. Apple already has a subscription-based Arcade product for iOS, which gives users access to various mobile games, including cult-classic indie games like Stardew Valley. But per a Digital Trends […]
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