By 2027, 25% of iPhones could be manufactured in India, up from 15% now, the Financial Time reports, citing JPMorgan and Bank of America analysts. Since the last Trump administration, Apple has been quietly moving production to India from China, where most iPhones are made, as a way to sidestep tariffs on the latter.
Meta’s Instagram now has 3 billion monthly active users, according to CEO Mark Zuckerberg, up a billion from the last time it reported that number in 2022. Since then, the company has stopped regularly breaking out user numbers for its individual properties, as overall growth slowed.
Why start reporting again? Three billion is certainly a big milestone! But it’s also notable that Instagram is facing some pretty steep competition from TikTok in the US, ahead of a US consortium acquiring the Chinese social media company’s domestic operations.
Since Disney+ launched in 2019, its price has gone up 172%. A combined Disney+ and Hulu app paves the way for future price increases.
Why buy when you can rent for cheaper? That’s the thinking behind a new report from The Information that says as part of its blockbuster $100 billion investment, Nvidia is in discussions with OpenAI to lease GPUs to the company as it races to build massive data centers as part of its Stargate plan.
According to The Information, leasing GPUs from Nvidia would effectively lower the cost by 10% to 15% and protect OpenAI from owning technology infrastructure that could soon become obsolete.
While OpenAI is pulling in serious revenue, it expects to burn through $115 billion by 2029, The Information reports. Leasing the costly GPUs the company needs would reduce the amount of money it would have to raise.
While OpenAI is pulling in serious revenue, it expects to burn through $115 billion by 2029, The Information reports. Leasing the costly GPUs the company needs would reduce the amount of money it would have to raise.
Two of the sites will be in Texas, one in New Mexico, one in Ohio, and one in the Midwest.
