Roku once again showed strong revenue growth, as the company’s business continues its successful migration away from one based on sales of its streaming players to one based on advertising. The company’s quarterly advertising “platform” revenue rose 86% from last year. It now makes up two-thirds of Roku’s business. Interestingly, this quarter also saw a dip in the gross margin for its platform...
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What Google’s AI Catch-Up Reveals
Google is finally waking up. After weeks of excitement coursing through tech about OpenAI’s ChatGPT chatbot, paired with news coverage of how Microsoft plans to incorporate it into products like Bing and Word, Google has made a move. The tech company once seen as a leader in artificial intelligence on Monday unveiled its version of a conversational AI service, which it calls Bard. Google said...
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