We curate AI news developments for you.
The InformationEarnings
Vercel reported $600 million in annualized revenue, up 148% from a year earlier, driven by AI coding agents that now make up half of its new business. The company competes with Netlify, Cloudflare, and OpenRouter, and shifted to a usage-based pricing model.
The InformationEarnings
Memory maker Micron said revenue nearly quintupled to $54.2 billion in the quarter ending Sept.3, as demand for high-bandwidth memory hardware for AI chips showed no sign of slowing down. Micron’s gross margin nearly doubled to $86.8%, thanks to its price hikes, allowing it to generate an ...
AMD Press ReleasesEarnings
AMD reported Q2 2026 revenue of $11.5 billion, with Data Center revenue up 107% to $6.7 billion. The company launched the AMD Helios rackscale solution and Instinct MI400 Series GPUs, and partnered with Anthropic and Microsoft for AI deployments.