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LinkedIn Expects New Agentic AI Recruiting Tools to Generate $450 Million

Key Points: LinkedIn predicts its new agentic artificial intelligence hiring products will hit $450 million in sales next year. Microsoft rarely shares exact revenue numbers for specific software tools on the professional networking platform. The company built two distinct artificial intelligence systems to help both massive corporations and small businesses find workers. New Chief Executive Officer Dan Shapero said his team spent nearly a year...

Alphabet Challenges Nvidia by Selling Custom AI Chips Directly to Customers

Key Points: Alphabet will sell its custom Tensor Processing Units directly to select companies for their own private data centers. The technology giant recently revealed two new artificial intelligence chips called the TPU 8t and the TPU 8i. Amazon also competes in the chip market and generates an estimated $50 billion in real value from its custom processors. Major startups like Anthropic and OpenAI signed...

Amazon Cloud Sales Beat Expectations but Shares Drop Amid Intense Competition

Key Points: Amazon Web Services revenue jumped 28% to reach $37.6 billion during the first quarter of the year. The technology giant spent $44.20 billion on capital projects to support growing demand for artificial intelligence. Amazon stock dipped 3.7% after rival Google reported a massive 63% increase in sales in its cloud division. Advertising sales grew 24% to hit $17.2 billion as the company placed...