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Source: OpenAI is on pace to generate more than $1B in revenue over the next 12 months from the sale of AI software and the computing capacity that powers it (Amir Efrati/The Information)

Amir Efrati / The Information: Source: OpenAI is on pace to generate more than $1B in revenue over the next 12 months from the sale of AI software and the computing capacity that powers it  —  OpenAI is currently on pace to generate more than $1 billion in revenue over the next 12 months from

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Xiaomi reports Q2 revenue down 4% YoY to ~$9.25B and a net profit of ~$504M, vs. ~$440.9M est., more than doubling from a year earlier (Kosaku Narioka/Wall Street Journal)

Kosaku Narioka / Wall Street Journal: Xiaomi reports Q2 revenue down 4% YoY to ~$9.25B and a net profit of ~$504M, vs. ~$440.9M est., more than doubling from a year earlier  —  The Chinese maker of smartphones and other electronics products said revenue declined 4.0%  —  Xiaomi said Tuesday that its second-quarter net profit …

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Meta’s Oversight Board took 234 days to get a ruling in an incitement to violence case involving Hun Sen, revealing a problem with the board’s glacial pace (Casey Newton/Platformer)

Casey Newton / Platformer: Meta’s Oversight Board took 234 days to get a ruling in an incitement to violence case involving Hun Sen, revealing a problem with the board’s glacial pace  —  Today let’s talk about one of the most important cases that Meta’s Oversight Board has heard to date — and how the process

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HP Q3: revenue down 10% YoY to $13.2B, vs. $13.4B est., Personal Systems revenue down 11% YoY to $8.9B, and Printing revenue down 7% YoY to $4.3B; HPQ falls 5%+ (Larry Dignan/Constellation Research)

Larry Dignan / Constellation Research: HP Q3: revenue down 10% YoY to $13.2B, vs. $13.4B est., Personal Systems revenue down 11% YoY to $8.9B, and Printing revenue down 7% YoY to $4.3B; HPQ falls 5%+  —  HP reported a mixed third quarter with sales lower than expected.  CEO Enrique Lores said, “the external environment …

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OpenAI unveils ChatGPT Enterprise

AI company OpenAI has launched ChatGPT Enterprise, a version of the company’s generative AI chatbot designed for use inside organizations. ChatGPT Enterprise promises enterprise-grade security and privacy and unlimited access to the GPT-4 large language model (LLM). Available now, ChatGPT Enterprise also features longer context windows for processing longer inputs, advanced data analysis capabilities, and

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Google previews AlloyDB AI, an integrated set of capabilities built into AlloyDB for PostgreSQL to help developers build generative AI apps using their own data (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: Google previews AlloyDB AI, an integrated set of capabilities built into AlloyDB for PostgreSQL to help developers build generative AI apps using their own data  —  AlloyDB, Google’s fully managed PostgresSQL-compatible database service, is gaining a few AI smarts.

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Best PS5 TVs of 2023

Many companies featured on ReadWrite partner with us. Opinions are our own, but compensation and in-depth research determine how products may be selected and ranked. Learn more about how we make money. Welcome to our guide on the best TVs for the PS5 in 2023! The PlayStation 5 has revolutionized console gaming with its powerful hardware and

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Google Cloud unveils Vertex AI improvements to better compete with Azure AI Studio and Amazon Bedrock; Nvidia announces PaxML, built on Google’s JAX framework (Matthew Lynley/Supervised)

Matthew Lynley / Supervised: Google Cloud unveils Vertex AI improvements to better compete with Azure AI Studio and Amazon Bedrock; Nvidia announces PaxML, built on Google’s JAX framework  —  Google’s long and storied history of getting in its own way rears its head in the new battleground of generative AI.

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GM extends its Google Cloud partnership to use AI, leveraging chatbots for handling simple OnStar calls, freeing up operators to address more complex requests (Andrew J. Hawkins/The Verge)

Andrew J. Hawkins / The Verge: GM extends its Google Cloud partnership to use AI, leveraging chatbots for handling simple OnStar calls, freeing up operators to address more complex requests  —  General Motors is using conversational AI chatbots to handle simple OnStar calls, freeing up the service’s human employees …

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Letter: the UFC, the NBA, and the NFL tell the USPTO that the DMCA needs to be updated so live content can be removed “instantaneously or near-instantaneously” (Ernesto Van der Sar/TorrentFreak)

Ernesto Van der Sar / TorrentFreak: Letter: the UFC, the NBA, and the NFL tell the USPTO that the DMCA needs to be updated so live content can be removed “instantaneously or near-instantaneously”  —  The UFC, NBA, and NFL would like help from the U.S. Government to tackle live streaming piracy.

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HPE reports Q3 revenue up 1% YoY to $7B, HPC & AI revenue up 1% YoY to $836M, Intelligent Edge revenue up 50% YoY to $1.4B, and bumps its FY 2023 profit outlook (Brody Ford/Bloomberg)

Brody Ford / Bloomberg: HPE reports Q3 revenue up 1% YoY to $7B, HPC & AI revenue up 1% YoY to $836M, Intelligent Edge revenue up 50% YoY to $1.4B, and bumps its FY 2023 profit outlook  —  Hewlett Packard Enterprise Co. boosted its annual profit outlook, confident that businesses are upgrading technology despite concerns

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Google Cloud unveils Vertex AI improvements to better compete with Azure AI Studio and Amazon Bedrock; Nvidia announces PaxML, built on Google’s JAX framework (Matthew Lynley/Supervised)

Matthew Lynley / Supervised: Google Cloud unveils Vertex AI improvements to better compete with Azure AI Studio and Amazon Bedrock; Nvidia announces PaxML, built on Google’s JAX framework  —  Google’s long and storied history of getting in its own way rears its head in the new battleground of generative AI.

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Google discontinues its $45+ Pixel Pass subscription bundle, launched in 2021 in the US; subscribers won’t be able to upgrade once their two-year term expires (Kyle Bradshaw/9to5Google)

Kyle Bradshaw / 9to5Google: Google discontinues its $45+ Pixel Pass subscription bundle, launched in 2021 in the US; subscribers won’t be able to upgrade once their two-year term expires  —  With just a few weeks to go until the launch of the Pixel 8 series, Google has discontinued the Pixel Pass subscription, closing it to

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