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Tech News Today: Nvidia builds the AI world while Adobe and Canva fight to rule it

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Pi Network News: Token Surges 30% As Pi Ventures Makes Its First Investment
The post Pi Network News: Token Surges 30% As Pi Ventures Makes Its First Investment appeared first on Coinpedia Fintech News Pi Network Ventures has made its first official investment, backing OpenM...

Why IT leaders should pay attention to Canva’s ‘imagination era’ strategy
The rise of AI marks a critical shift away from decades defined by information-chasing and a push for more and more compute power. Canva co-founder and CPO Cameron Adams refers to this dawning time a...

Carvana Says Data Powers Decisions That Deliver Growth in Used Car Sales
Carvana said Wednesday (Oct. 29) that its eCommerce platform for buying and selling used cars enabled it to increase its units sold and its revenue at a time when other public retailers’ sales are f...

OpenAI Aims to Add 1 Gigawatt of Compute Per Week
OpenAI would like to build an artificial intelligence (AI) factory to make 1 gigawatt of compute per week of new capacity, CEO Sam Altman said in a Wednesday (Oct. 29) post on X. The compan...

Pichai Says Gemini App Has 650 Million Downloads
If there were any questions about what drove Google parent Alphabet towards its first ever quarter of notching more than $100 billion in sales, they were quickly laid to rest on Wednesday night (Oct. ...

Alphabet Revenue Jumps 16% With Strong Cloud Sales
Profits also rose, to just under $35 billion, as Google Search proved resilient to A.I. alternatives....

Meta Raises Its Spending Forecast on A.I. to Above $70 Billion
The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers and builds data centers to power the technology....

Nvidia Is First Company to Top $5 Trillion in Market Value Amid AI Boom
The A.I. chip maker has become a linchpin in the Trump administration’s trade negotiations in Asia....

Mark Zuckerberg is excited to add more AI content to all your social feeds
Meta CEO Mark Zuckerberg is getting ready to dump even more AI-generated posts into your social feeds. During an earnings call on Wednesday, Zuckerberg said the company will “add yet another ...

Former FTX President Is Launching a New Trading Platform
Former FTX US President Brett Harrison is developing a new trading platform to offer perpetual contracts on traditional assets such as stocks and foreign exchange. The initiative aims to bring trad...