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News 2026-09-29 16:41 UTC

AMD's $8.2 Billion AI Deal Takes Aim at Nvidia's Biggest Advantage

AMD (AMD, Financials) is spending $8.2 billion on World Labs in a push to close one of the biggest gaps between itself and Nvidia.The all-stock deal brings World Labs founder Fei-Fei Li and roughly 70 employees to AMD, giving the chipmaker a team focused on spatial intelligence and physical AI.Citi…

News 2026-09-02 21:43 UTC

HPE reports record Q3 revenue, profit and EPS

HPE said fiscal third-quarter revenue rose to a record $12.2 billion, with non-GAAP operating profit at a record $2 billion and non-GAAP EPS of $1.11. Management also raised fiscal 2026 and 2027 guidance.