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IBM Revenue Beats Estimates on Boost From Cloud Demand

Jul.20 — International Business Machines Corp. beat analysts’ estimates for revenue in the second quarter, with cloud sales helping offset coronavirus-fueled declines in its consulting services business. Julie Bhusal Sharma, analyst at Morningstar, discusses IBM’s second-quarter earnings report on “Bloomberg Technology.”

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Jul.20 — International Business Machines Corp. beat analysts’ estimates for revenue in the second quarter, with cloud sales helping offset coronavirus-fueled declines in its consulting services business. Julie Bhusal Sharma, analyst at Morningstar, discusses IBM’s second-quarter earnings report on “Bloomberg Technology.”

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Bloomberg Technology

Meta Debuts Lightweight $1,299 VR Glasses

Meta is expanding its smart-glasses lineup with its first camera-free models, support for the new Muse assistant and a new hearing-aid mode. And the new lightweight VR headset promises to reset the category, explains Mark Gurman. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech”…

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Meta is expanding its smart-glasses lineup with its first camera-free models, support for the new Muse assistant and a new hearing-aid mode. And the new lightweight VR headset promises to reset the category, explains Mark Gurman.
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Bloomberg Technology

Altman, Amodei Call for Global Unity on AI to Boost Safety

OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei urged world leaders to work together on AI in an extraordinary appearance before the UN Security Council that focused on growing concerns the technology poses existential risks to humanity. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of…

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OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei urged world leaders to work together on AI in an extraordinary appearance before the UN Security Council that focused on growing concerns the technology poses existential risks to humanity.
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AMD Acquires Fei-Fei Li’s World Labs for $8.2 Billion

AMD is acquiring World Labs, an AI startup founded by industry pioneer and researcher Fei-Fei Li, in an all-stock transaction valuing World Labs at about $8.2 billion. AMD CEO Lisa Su and World Labs co-founder and CEO Fei-Fei Li sit down with Bloomberg Tech’s Ed Ludlow to discuss why AMD is purchasing World Labs, the…

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AMD is acquiring World Labs, an AI startup founded by industry pioneer and researcher Fei-Fei Li, in an all-stock transaction valuing World Labs at about $8.2 billion. AMD CEO Lisa Su and World Labs co-founder and CEO Fei-Fei Li sit down with Bloomberg Tech’s Ed Ludlow to discuss why AMD is purchasing World Labs, the two companies’ shared vision for AI’s future encompassing all layers of the stack, and how the industry needs to come together for shared responsibility in developing a safe technology that benefits all of society.
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