US Officials Delay Reporting on Deadly Explosive Diarrhea Outbreak

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The Trump administration has acknowledged awareness of deaths linked to an ongoing explosive diarrhea outbreak but has delayed releasing an official report. Federal officials have not provided an immediate public update on the situation despite the fatalities. A spokesperson indicated that outbreak information would be made available sometime during the current week. The delay in reporting has raised concerns about transparency in the federal government's handling of the public health incident.

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AMD Data Center Revenue Doubles to $6.7B as Gaming Sales Slide 31%

AMD reported record total revenue of $11.5 billion, a 50 percent year-over-year increase, in its latest quarterly earnings. The company's data center segment was the standout performer, more than doubling year-over-year to $6.7 billion, driven by surging demand for AI infrastructure. Data center sales now account for 58 percent of AMD's total company revenue, up from $3.2 billion in the same period last year. In contrast, AMD's gaming division struggled, with revenue falling 31 percent year-over-year to $779 million, weighed down by price increases and component shortages affecting consoles like the Xbox Series X/S, PS5, and Steam Deck.

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TechnologyBBC Tech ·

SpaceX Reports Loss and Heavy Spending in First Public Earnings

SpaceX has released its first-ever earnings report since going public, revealing a financial loss alongside significant spending. The disclosure marks a notable milestone as the company faces scrutiny over its financial performance. Investor enthusiasm that accompanied SpaceX's stock market debut has been difficult to sustain. The report highlights the substantial costs involved in running and expanding the private space company founded by Elon Musk.

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TechnologyThe Verge ·

xAI Revenue Triples to $2.6B but Division Still Lost $1.5B This Quarter

SpaceX's AI division saw its revenue grow more than threefold to $2.6 billion compared to the prior year, driven largely by compute deals with other AI firms. The division nonetheless posted a $1.5 billion loss this quarter, a marginal improvement over the same period last year. SpaceX secured compute agreements with Anthropic in May and Google in June, positioning it as a competitor to neoclouds like CoreWeave. The company has identified its AI division as the primary source of its overall value in documents related to a potential public offering. Growing AI ambitions are also pushing SpaceX to increase its capital expenditure in the sector.

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TechnologyTechCrunch ·

SpaceX Doubles Revenue Driven by AI Compute Deals and Starlink Growth

SpaceX reported a doubling of its revenue compared to the same period last year, according to its first quarterly earnings release since the company went public in June. The strong financial performance was driven in part by compute infrastructure deals with AI firms Anthropic and Google. Starlink, the company's satellite internet service, also contributed significantly to the revenue growth. The earnings report marks a milestone as it is the first such disclosure since SpaceX transitioned to a publicly traded company.

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