DeepSeek claims ‘theoretical’ profit margins of 545%

Chinese AI startup DeepSeek recently declared that its AI models could be very profitable — with some asterisks. In a post on X, DeepSeek boasted that its online services have a “cost profit margin” of 545%. However, that margin is calculated based on “theoretical income.” It discussed these numbers in more detail at the end … Read more

Twitch is letting more streamers access its monetization tools

Twitch CEO Dan Clancy published an open letter on Thursday outlining the platform’s plans for 2025, which include upcoming features, updates to the mobile experience, as well as a significant change to its monetization policy.   Of note, Clancy revealed that Twitch is opening up subscriptions and “Bits,” the virtual items that viewers buy to cheer … Read more

Nvidia CEO Jensen Huang shrugs off DeepSeek as sales soar

Nvidia CEO Jensen Huang is as bullish as ever about his company’s future, repeating his sentiments that DeepSeek won’t impact sales, he said during the latest earnings call on Wednesday. Speculation that DeepSeek’s R1 model required far fewer chips to train fueled a record drop in Nvidia’s stock price last month.  But during the earnings … Read more

Anthropic’s latest flagship AI might not have been incredibly costly to train

Anthropic’s newest flagship AI model, Claude 3.7 Sonnet, cost “a few tens of millions of dollars” to train using less than 10^26 FLOPs of computing power. That’s according to Wharton professor Ethan Mollick, who in an X post on Monday relayed a clarification he’d received from Anthropic’s PR. “I was contacted by Anthropic who told me … Read more

Web Summit attendees aren’t buying Scale AI CEO’s push for America ‘to win the AI war’

In a bold move last month, Scale AI CEO Alexandr Wang took out a full-page ad in the Washington Post, telling President Trump that “America must win the AI war.” The statement sparked mixed reactions, as seen during Wang’s appearance Sunday during the opening night of Web Summit Qatar. When Wang’s interviewer Axios’s Felix Salmon … Read more

iOS 18.4 will bring Apple Intelligence-powered ‘Priority Notifications’

Apple on Friday released its first developer beta for iOS 18.4, which adds a new “Priority Notifications” feature, powered by Apple Intelligence. The addition aims to help users manage their notifications by prioritizing important alerts and minimizing distractions from less important ones.  These priority notifications are displayed in a separate section on the phone’s Lock … Read more