AMD CEO Lisa SuAMDAMD's GPU sales are nearing CPU sales, driven by AI data center demand. AMD raised its 2024 GPU sales forecast to over $5 billion, up from $4.5 billion. Analysts predict AMD's GPU sales will grow, but CPUs remain crucial for AI workloads. If the central processing unit was the engine of the first age of computing, the graphics processing unit will fuel the next — at least according to CEOs like AMD's Lisa Su."We're actually seeing now our GPU business really approaching the scale of our CPU business," Su said on the company's third-quarter earnings call Tuesday.
My test car, a metallic gray 2024 BMW I5 M60 xDrive EV sports sedan. Benjamin Zhang/Business InsiderThe 2024 BMW I5 is the first all-electric version of the iconic 5-Series midsize sports sedan. I was impressed by the I5's exhilarating performance, luxurious cabin, and understated looks. I was disappointed by its lack of range compared to competitors like Tesla and Lucid.
Take-Two, which owns franchises like "Red Dead Redemption," is looking to offload its adtech asset Chartboost. Business Wire/Take-Two Interactive Software, Inc. Take-Two Interactive is in talks to sell its adtech division Chartboost. The sale aligns with Take-Two's focus on premium or "AAA'' gaming assets. AppLovin and LoopMe are potential buyers.
ByteDance founder Zhang Yiming is now China's richest man. Visual China Group via Getty Images; Ruobing Su/Business InsiderZhang Yiming has built a $49.3 billion fortune since cofounding ByteDance, the Chinese tech giant behind TikTok. Zhang is highly private and little is publicly known about his personal life. He recently became the richest person in China.
Lisa Su is AMD's chairwoman and CEO. I-Hwa CHENG / AFPAMD said on Tuesday that its revenue in the third quarter rose by 18% from the same time last year. AMD aims to close the gap with Nvidia, which controls more than 80% of the GPU market. Despite its growth, AMD's stock fell by as much as 10% post-earnings, reflecting investor concerns.
Former Google CEO Eric Schmidt. Shahar Azran/Getty ImagesEric Schmidt says drones are the future of warfare, calling tanks "useless.""A $5,000 drone can destroy a $5 million tank," he said. Schmidt has a startup building AI-powered drones to help Ukraine. Former Google CEO Eric Schmidt said future wars would be fought by AI-powered drones and urged the US military to do away with what he called "useless" tanks.