Terra Founder Extradited to the US on Multiple Fraud Charges
C3.AI had some exciting news to share during their recent earnings call. In the second quarter, their revenue jumped an impressive 29% year-over-year to $94.3 million. This growth was particularly noteworthy as it coincided with a significant deal with Microsoft.
Meanwhile, TSMC reported strong revenue growth in November, driven by increased demand for AI chips. This upward trend is a positive sign for the industry, reflecting the growing importance of AI technology.
In other news, Japan has allocated a substantial $9.9 billion for semiconductor and AI development in its new budget. This investment underscores the country’s commitment to remaining at the forefront of technological advancement.
On the stock market front, Palantir had a stellar November, with its stock soaring 45% thanks to an impressive earnings beat and a strategic move regarding exchanges.
As we keep an eye on the financial world, it’s clear that the industry is brimming with activity and opportunities for growth. Stay tuned for more updates as these developments continue to unfold.
