AI Boom Boosts Nvidia Sales by 94 Percent as Profits Double

Nvidia sales were up 94 percent to $35 billion in the most recent quarter when profits more than doubled, to $19.3 billion, telegraphing the strength of the artificial intelligence boom that took the company from the top supplier of graphics boards for gaming PCs to the world’s most valuable public company with a market cap of $3.59 trillion. Nvidia founder and CEO Jensen Huang told analysts that demand for the company’s latest AI chip, Blackwell, has been “incredible,” driving projections of $3.59 trillion in revenue for the current quarter as customers begin to take shipments. Continue reading AI Boom Boosts Nvidia Sales by 94 Percent as Profits Double

YouTube Introduces Jewels, a New Way for Creators to Earn

YouTube has come up with a new way for creators to earn. During vertical live streams, viewers can now gift hosts with “Jewels,” a form of digital currency available for purchase. The gifts appear onscreen as animations during vertical live streams, but are a cash equivalent for creators. The initial denomination, “Rubies,” equal one cent per stone, or about $1 per 100 Rubies. The new feature is rolling out to eligible creators in the U.S. who are currently enrolled in the YouTube Partner Program (YPP) and have accepted the Virtual Items Module in YouTube Studio. Continue reading YouTube Introduces Jewels, a New Way for Creators to Earn

YouTube Dream Track Toolset Introduces an AI Remix Feature

YouTube has added a new feature to its Dream Track toolset, which lets select U.S. creators use AI to generate songs using the vocals of artists including John Legend, Demi Lovato, Charli XCX, Charlie Puth and others. Now users can remix Dream Track songs using natural language to describe the changes they would like, stylistic and otherwise. Selecting the “restyle a track” option will steer users to creating a 30-second generative snippet for use in YouTube Shorts. The remixed snippets will credit the original song with “clear attribution” through the Short itself and the Shorts audio pivot page. It will also clearly indicate that the track was restyled with AI, according to Google. Continue reading YouTube Dream Track Toolset Introduces an AI Remix Feature

Copilot Now Enables Custom AI Themes in Microsoft Outlook

Microsoft Copilot now helps subscription users create personal themes in Outlook using generative AI. In what Microsoft says is “the first instance of dynamic AI-generated theming in productivity applications,” Copilot can now display inboxes against dynamic backdrops based on geography, the weather, or anything else users can imagine. The new feature is available across all popular platforms: Windows, Mac, iOS, Android and the Web. Just like you might “spruce up your office with artwork or plants,” Copilot lets AI enhance your digital environment, according to Microsoft. Continue reading Copilot Now Enables Custom AI Themes in Microsoft Outlook

YouTube Raises Its Premium Subscription Rates Internationally

Following the phasing out of legacy pricing for YouTube Premium subscribers that began in January in the U.S., the Google-owned streaming service is now doing the same in Europe and elsewhere. Long-time subscribers with pricing plans dating back to discontinued services Google Play Music and YouTube Red will begin paying the equivalent of the current $13.99 per month price starting in January 2025. The price increase encompasses both YouTube Premium, which is ad-free and includes YouTube Music, as well as YouTube’s standalone plans. Concurrently, the streaming giant is also rolling out a controls redesign for iOS and Android. Continue reading YouTube Raises Its Premium Subscription Rates Internationally

Google Offers New AI-Powered Vids App to Workspace Users

Google announced it is rolling out its Gemini AI-powered video presentation app that enables users to easily create video presentations. Vids is a productivity app featured in the company’s suite of Google Workspace products. The new app uses AI model Gemini to automatically insert royalty-free stock video footage, create storyboards and scripts, and generate music and voiceovers. It allows users to add documents, slides, visuals, audio and transitions to the presentation’s timeline. “Personalize your content with Vids recording studio to deliver employee training, share company-wide announcements, meeting updates, and more,” suggests Google. Continue reading Google Offers New AI-Powered Vids App to Workspace Users

Matter 1.4 Expands Energy Controls, Improves Admin Feature

Matter 1.4 is here, and with it the Connectivity Standards Alliance (CSA) has made some important fixes in an effort to get back on track with its aim of a universal interoperable smart home standard. This latest iteration has replaced Multi-Admin with Enhanced Multi-Admin, which largely automates the addition of new Matter devices in multiple ecosystems. It introduces Matter certifiable home routers and access points, allowing border gear manufactured by different companies to work together more seamlessly and accommodates dimmable lighting. The 1.4 update incorporates heat pumps, solar panels and home batteries, but ignores home security cameras. Continue reading Matter 1.4 Expands Energy Controls, Improves Admin Feature

Google Begins Mandatory Multi-Factor Authentication Logins

Google Cloud has begun advising customers it will require multi-factor authentication (MFA) for all business and enterprise users in 2025. That means customers who rely only on a password will have to add secondary authentication. The program is being implemented in a “phased approach” that begins now and will extend to all worldwide business users next year. The security precaution will remain optional for most of those using personal accounts. Google’s move comes after similar implementations enacted by rival cloud giants AWS and Microsoft earlier this year. MFA adds a layer of protection against hacking. Continue reading Google Begins Mandatory Multi-Factor Authentication Logins

Amazon Pushes AI, Records Growth in Q3 Revenue and Profit

Amazon reported major revenue and profit increases during its third quarter, beating Wall Street’s forecasts, based largely on the company’s e-commerce sales and increasing demand for its cloud services. Capital expenditure, which reached a record amount following Amazon’s recent investments in artificial intelligence, will maintain its momentum as the company plans $75 billion capex on developing generative AI services over 2024-2025. “The faster we grow demand, the faster we have to invest capital in data centers, network gear and hardware,” explained CEO Andy Jassy. “We invest in all that upfront in advance of when we can monetize it.” Continue reading Amazon Pushes AI, Records Growth in Q3 Revenue and Profit

Jump in iPhone Business Results in Record Quarter for Apple

Revenue reached an all-time high for Apple’s most recent quarter as iPhone sales experienced an uptick due in part to consumer excitement for the arrival of Apple Intelligence, the company’s heavily advertised set of AI tools. Total sales reached $94.9 billion for the quarter, up 6 percent year-over-year and exceeding the $94.5 billion that financial analysts had predicted. The company’s iPhone business reported sales of $46.2 billion, following disappointing consecutive quarters in the first half of the year. The AI boom resulted in strong quarters for other Big Tech leaders including Alphabet, Amazon, Meta Platforms and Microsoft. Continue reading Jump in iPhone Business Results in Record Quarter for Apple

AI Search Wars Heat Up as OpenAI and Google Add Features

The AI search wars are officially on, with Google giving Gemini access to its online answer engine just hours before OpenAI launched ChatGPT Search. Google is primarily targeting developers with its new feature, “Grounding with Google Search,” though the Alphabet company used the occasion to also tout its new search return template, AI Overviews. Launched last week, ChatGPT Search offers responses in real time using a conversational format. Initially, it is available only to ChatGPT Plus and Teams subscribers as well as those on the SearchGPT waitlist as part of ChatGPT’s existing interface. Continue reading AI Search Wars Heat Up as OpenAI and Google Add Features

Alphabet Profits Climb 34 Percent, Powered by Cloud and Ads

Alphabet’s revenue increased by 15 percent during the latest quarter, topping $88.3 billion. Powered by advertising and cloud services, profits surged 34 percent to $26.3 billion, exceeding Wall Street expectations of $22.9 billion. The company experienced continued growth in the online marketplace with popular consumer services such as Google Search and YouTube while also expanding in B2B with cloud offerings. All this as the government explores dismantling its business while competitors such as TikTok and Amazon come after its market share. Advertising growth slowed in Q3, yet still notched a healthy year-over-year increase of 10.4 percent. Continue reading Alphabet Profits Climb 34 Percent, Powered by Cloud and Ads

Anthropic’s AI Agents for Claude Sonnet Increase Productivity

In its first week of public beta, Anthropic’s “Computer Use” feature is gaining immediate traction, helping people do research and complete coding tasks. Claude works autonomously in Computer Use mode, suggesting broad implications for future productivity and workforce goals. Coming on the heels of OpenAI’s Swarm framework, these early forays into independent AI assistants seem to indicate that implementing such systems will be an area of focus for businesses in 2025. Claude can “see” what’s onscreen and use its “judgment” to adapt to different tasks, segueing across workflows and software. Continue reading Anthropic’s AI Agents for Claude Sonnet Increase Productivity

Meta, Reuters Sign Multi-Year AI Content Licensing Agreement

Marking its first news deal in years, Meta Platforms entered into an agreement with Reuters to use its content to answer user questions posed to its Meta AI chatbot. The arrangement comes as Meta has been minimizing news content on its services in response to publisher demands for revenue sharing and regulatory criticism over misinformation. Terms of the partnership were not disclosed, nor were details provided as to whether Meta plans to use Reuters content for model training. Meta AI is available across its Facebook, Whatsapp, Instagram and Messenger services. Continue reading Meta, Reuters Sign Multi-Year AI Content Licensing Agreement

Runway’s Act-One Facial Capture Could Be a ‘Game Changer’

Runway is launching Act-One motion capture system that uses video and voice recordings to map human facial expressions onto characters using the company’s latest model, Gen-3 Alpha. Runway calls it “a significant step forward in using generative models for expressive live action and animated content.” Compared to past facial capture techniques — which typically require complex rigging — Act-One is driven directly and only by the performance of an actor, requiring “no extra equipment,” making it more likely to capture and preserve an authentic, nuanced performance, according to the company. Continue reading Runway’s Act-One Facial Capture Could Be a ‘Game Changer’