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Tech / The Verge ·

Apple set an iPhone sales record even without a new standard iPhone

Apple had a record-breaking quarter for iPhone sales - despite not releasing a standard model during its latest refresh. In its fourth-quarter earnings report released on Monday, Apple says it earned $57.58 billion in iPhone revenue, marking a 17 percent jump from the same time last year. The…

Tech / The Next Web ·

Meta lines up dollar and euro bonds days after S&P’s warning

Meta has asked Citigroup and Morgan Stanley to hold investor calls for a bond sale in US dollars and euros, Bloomberg reports. It comes days after S&P cut Meta’s credit outlook and a week after a $35B share sale. Meta is preparing to sell bonds in both US dollars and euros to help fund its […]…

AI / MIT Technology Review ·

Raising the quality of insights in agentic analytics

In just a few years, generative AI has changed the face of enterprise analytics, notably by making analytics accessible to users across the organization. Agentic AI promises to do even more, by automating entire workflows and taking actions based on agent insights. But there is a problem: The…

Tech / The Next Web ·

Anthropic’s amended IPO filing shows $17bn revenue, $895bn commitments

Anthropic generated nearly $17bn in revenue in the third quarter, around 12 times more than in the same period last year, according to an amended IPO prospectus filed with the SEC on Monday. Bloomberg reported the figures. The updated filing adds the latest quarterly results to the prospectus the AI…

Tech / The Next Web ·

Chip shortage disrupts Fiat production in Italy and may last to December

A shortage of electronic components is disrupting Fiat production in Italy, with the problems potentially continuing through December, Stellantis said on Monday, Reuters reported. The missing component is used in an engine control unit, the computer that manages a car’s engine. Stellantis, which…

Tech / The Next Web ·

OpenAI launches Grid Protectors to ease AI’s strain on power grids

OpenAI launched the Grid Protectors Program, promising that its future campuses will cut electricity use when grids are under strain. Its planned Georgia campus is the pilot, with up to 1,000MW of flexible demand. No other sites have been named. OpenAI has launched a national programme to make its…

Tech / The Next Web ·

Alphabet launches €6B bond sale in first test of AI debt since selloff

Google’s parent company Alphabet began selling €6bn ($6.7bn) of bonds on Monday. The sale is the first big test of demand for tech debt since worries about AI spending shook markets last week, Reuters reported. The sale is split into seven parts: one floating-rate note and six fixed-rate notes, with…

Tech / The Verge ·

Meta will end Quest 2 OS updates in 2027

Meta is planning to release the last OS update for its Quest 2 and Quest Pro VR headsets by March 2027, the company announced today. The last OS update for those devices is planned to be v213, and after that, Meta will continue to ship security patches and critical bug fixes through the end of […]