PCs peaked: Shipments for personal computers are still falling

4/11/23 8:00PM

Bad Apple

‍Worldwide shipments of Apple Macs fell to just 4.1 million units in the first quarter of 2023, according to IDC figures, as the wider PC market struggles after reaching near-10-year highs during the pandemic.

Other heavy hitters in the computer hardware market like HP, Lenovo and Dell also had a rough start to the year, with figures dropping 24%, 30% and 31%, respectively, confirming that the brief boom for the PC world now looks to be far behind us.

‍Shutting down

‍While the rise of working from home had many rushing out to order new laptops and computers to load Zoom on, the Q1 shipment figure is “noticeably lower” than pre-Covid levels, with analysts speculating that it’s not only a post-pandemic drop off, but also wider economic uncertainty that’s driving sales down.

The 56.9 million PC shipments figure recorded in Q1 is the second lowest in the last 10 years and represents a 29.3% fall from the same period in 2022.

Jon Keegan15h

OpenAI files confidentially for IPO

Today OpenAI announced it has filed confidentially with the SEC to go public. The company said in a blog post that it filed the draft S-1 form.

OpenAI’s filing comes a week after arch-rival Anthropic — now valued at $965 billion — also filed a confidential S-1 for its own public offering. Both IPOs are expected to be among the largest in US history.

In a press release, OpenAI wrote:

“We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

Confidential submission of draft S-1 to the SEC

In a press release, OpenAI wrote:

Rani Molla, Jon Keegan

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Siri AI is going to be great for Apple — if it works. Sound familiar?

At Apple’s developer conference, the company announced a better, faster, stronger Siri... again.

South by Southwest Conference and Festivals

The number of Tesla Robotaxis on the road has been going down

That’s the wrong direction for a business trying to scale its autonomous vehicles.

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Intel shares soar on report of Google chip deal, possible future Nvidia business

Shares of Intel soared in early trading on a report that Google and Nvidia are considering turning to the chipmaker as a backup supplier to TSMC, as surging demand continues to outpace supply.

The Information reports that Google has placed an order with Intel to manufacture more than 3 million of its increasingly popular tensor processing unit chips in 2028.

According to the report, Nvidia is currently testing to see if Intel could manufacture its next-gen Feynman chips.

Taiwan-based TSMC has enjoyed a huge lead in the market of manufacturing advanced chips for Apple, Nvidia, and others.

Intel has been struggling to fight its way back into the AI chip business, but has made headway with the help of the Trump administration, which sought to shore American chipmaking with a $8.9 billion investment of taxpayer money, and several high-profile deals.

Google and Nvidia Consider Intel as Backup Chip Manufacturer

The Information reports that Google has placed an order with Intel to manufacture more than 3 million of its increasingly popular tensor processing unit chips in 2028.

According to the report, Nvidia is currently testing to see if Intel could manufacture its next-gen Feynman chips.

Taiwan-based TSMC has enjoyed a huge lead in the market of manufacturing advanced chips for Apple, Nvidia, and others.

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EYE on AI

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ChatGPT failed to kill Google Search

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