“Record revenue and profitability” — AMD crushes Q3 expectations, and the biggest money maker might not be what you expect

As a researcher tracking AMD’s performance, I’ve been following their impressive growth. In the third quarter, their revenue hit a record $9.2 billion, with a strong gross margin of 52%. This represents a significant jump – a 36% increase compared to the same quarter last year. According to Jean Hu, AMD’s Executive Vice President, this success also resulted in record free cash flow.

Microsoft launches its first custom AI image creator on Bing — could it ever dethrone OpenAI’s DALL·E 3 and GPT-4o?

The company recently launched its own tool for creating images from text, called MAI-Image-1. According to Microsoft’s AI leader, Mustafa Suleyman, you can now use this custom image generator within Bing Image Creator and Copilot Audio Expressions. Currently, it’s not available to users in the European Union, but it should be released there shortly.