Reddit, known for its vast user community and rich data resources, has opened up new revenue streams through data licensing. The platform hosts over 100,000 active communities, attracting 76 million users daily and generating a massive amount of data that includes real-time discussions, opinions, and interactions, which is highly valuable for AI and machine learning model development. With the rapid advancement of AI technology, Reddit's data has become a key resource for training AI models. In 2023, Reddit launched its data licensing program, which is expected to grow significantly in 2024.

Lenovo Group reported impressive performance in its Q1 FY2024/25 earnings report released today. As of June 30, 2024, the quarterly revenue reached 111.9 billion RMB, a 20% increase compared to the same period last year; according to non-Hong Kong financial reporting standards, net profit approached 2.3 billion RMB, achieving a remarkable 65% year-on-year growth. Furthermore, the revenue share from non-PC businesses reached a record 47%.

A survey by Google Cloud and the National Research Group highlights the significant impact of generative AI on enterprise ROI. Among global companies surveyed, 61% adopted generative AI, with 74% achieving returns within a year and 86% reporting revenue growth exceeding 6%. AI is seen as a key driver of business growth, particularly in customer service, productivity enhancement, and process optimization, leading to a 45% overall productivity incr....

In Q4 2023, Baidu's revenue grew by 6%. The company's core business revenue reached 27.5 billion yuan, an increase of 7% year-on-year. Baidu's stock price fell by 2.1%. Robin Li is firmly investing in generative AI.

Data company Palantir saw its stock price surge over 19% following its earnings report on Monday, reaching a record high. The company reported a 20% year-on-year revenue growth in the fourth quarter, totaling $608 million. The increasing demand for large language models in the United States has boosted Palantir's performance. The earnings report indicated significant growth in net income and earnings per share, along with an increase in the number of commercial customers.

In a forecast released on Wednesday, IBM预计全年营收增长将超出市场预期，这是因为企业们寻求采用人工智能技术对其IT软件和咨询服务的稳定需求。该公司的股价在盘后交易中上涨了8%以上。IBM预计全年营收将以中个位数增长，达到4%-6%左右，超过华尔街预期。IBM公司的生成式人工智能业务在第四季度相较上一季度大约翻了一番。IBM预计2024年的营收将以中个位数增长，大约为4%至

Micron Technology has achieved revenue growth for six consecutive quarters, primarily due to the surge in demand for AI chips. The company's newly launched HBM3E memory chip modules have been well received and are expected to generate hundreds of millions in revenue for the company in 2024. Micron is optimistic about the applications of AI in personal computers and mobile devices, planning to increase capital expenditures in fiscal year 2024 to meet production demands for the new memory modules. The CEO stated that the company’s HBM supply is sold out and predicts a significant increase in sales in the personal computer sector in 2024, driving demand for memory and storage.

NVIDIA's financial report shows impressive performance with high demand for the AI chip H100. NVIDIA holds an 84% market share in GPUs, demonstrating clear ecosystem advantages. AI companies both domestically and internationally are scrambling to purchase NVIDIA GPUs to alleviate the chip shortage.