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Preemptive Request: Zero Government Bailouts For AI Fails, Please
Politics

Preemptive Request: Zero Government Bailouts For AI Fails, Please

The U.S.’s Artificial Intelligence (AI) self-feeding frenzy is still … frenzy-ing. Except everything about it seems fake. The U.S.’s Large Language Model (LLM) version of AI seems to be (at least) years away from the promises being made to feed the frenzy. Which can be seen as a partially good thing — since no one... This article Preemptive Request: Zero Government Bailouts For AI Fails, Please was originally created by Converseer.

Converseer•8/4/2026
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AMD’s datacenter business is booming while gaming takes a backseat
Politics

AMD’s datacenter business is booming while gaming takes a backseat

Driven by demand for AI capacity, AMD's data center revenue more than doubled year-over-year in its latest earnings report, reaching $6.7 billion. That's up from $5.8 billion in Q1, and jumping 107 percent from the $3.2 billion it reported for the same period a year ago. At the same time, AMD's gaming revenue fell 31 percent compared to last year, to $779 million, as price hikes and component shortages slowed sales for the Xbox Series X / S, PS5, and Valve's Steam Deck. "Revenue increased 50 percent year-over-year to a record $11.5 billion, driven by continued strength in our Data Center business, which represented 58% of company revenue i … Read the full story at The Verge.

The Verge•8/4/2026
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