Alphabet reported revenue of $80.5 billion for Q1, a 15 percent increase fueled largely by online advertising from Google Search and YouTube. The figure topped analyst estimates of $78.8 billion. Profit soared, rising 57 percent to more than $23.6 billion, wildly overperforming the forecast of $18.9 billion. The strong performance resulted in Alphabet announcing its first ever shareholder dividend, at 20 cents per share, which pays out on June 17. Alphabet’s board approved a $70 billion stock repurchase program, and the news-filled earnings event drove Alphabet shares up 13 percent in after-hours trading. Continue reading Alphabet Profit Up 57 Percent, Prompting First-Ever Dividend

Google is implementing an internal reorganization that combines its Android and hardware teams. Google CEO Sundar Pichai announced a new Platforms & Devices team headed by Rick Osterloh, which includes Android, Chrome, ChromeOS, Photos and all Pixel products. Pichai says the move will help speed development. Osterloh’s mandate is full-stack platform development that smoothly incorporates AI across all Google platforms, including smartphones, TVs and anything with Android OS. Hiroshi Lockheimer, who previously ran ops for Android, Chrome and ChromeOS, moves on to other projects at Google and Alphabet. Continue reading Google Merges Android and Hardware Units for AI Efficiency

Nvidia CEO Jensen Huang’s keynote at Computex Taipei marked the official launch of the company’s Grace Hopper Superchip, a breakthrough in accelerated processing, designed for giant-scale AI and high-performance computing applications. Huang also raised the curtain on Nvidia’s new supercomputer, the DGX GH200, which connects 256 Hopper chips into a single data-center-sized GPU with 144 terabytes of scalable shared memory to build massive AI models at the enterprise level. Google, Meta and Microsoft are among the first in line to gain access to the DGX GH200, positioned as “a blueprint for future hyperscale generative AI infrastructure.” Continue reading Nvidia Announces a Wide Range of AI Initiatives at Computex

Meta Platforms is joining forces with Qualcomm to develop a next-generation extended reality chipset for its Meta Quest 2 and other headsets. The multi-year agreement, announced at the IFA 2022 consumer electronics show in Berlin, will focus on virtual reality and augmented reality applications. While the deal leverages Qualcomm’s Snapdragon XR platforms, engineering and product teams from each company will collaborate on “core technologies to accelerate a fully realized metaverse,” Qualcomm president and CEO Cristiano Amon announced from the stage at Friday’s IFA keynote in which he was joined remotely by Meta CEO Mark Zuckerberg. Continue reading Meta and Qualcomm Will Develop Next-Generation VR Chips

Nvidia has issued a software update for its formidable NeMo Megatron giant language training model, increasing efficiency and speed. Barely a year since Nvidia unveiled Megatron, this latest improvement further leverages the transformer engine architecture that has become synonymous with deep learning since Google introduced the concept in 2017. New features result in what Nvidia says is a 5x reduction in memory requirements and up to a 30 percent gain in speed for models as large as 1 trillion parameters, making NeMo Megatron better at handling transformer tasks across the entire stack. Continue reading Nvidia Turbo Charges NeMo Megatron Large Training Model

The Pixel 6 and 6 Pro smartphones are here, complete with a profound hardware upgrade, capably showcased in the camera system, which benefits from a processing boost thanks to Google’s new Tensor mobile chip. Basically, Google has completely redesigned its flagship phone, adding bold colors and improving the camera to a degree that should make it competitive with other high-performance phones. While it’s been noted that some of what are being billed as the camera’s Android 12 features exclusive to Pixel 6 have previously been offered on other phones, Google’s configuration appears to be unique. Continue reading Flagship Pixel Phones Now Powered by Google Tensor Chip