Applied Digital beats quarterly revenue estimates on surging AI infrastructure demand

Applied Digital beats quarterly revenue estimates on surging AI infrastructure demand

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April 8 : Applied Digital on Wednesday beat estimates for quarterly revenue, driven by strong demand for its data center services from enterprises to support a boom in generative AI applications. Big tech and AI companies are racing to lock in power and data center capacity, signing long-term deals worth billions of dollars as demand…

Quarterly Economics Update: Generative AI Is Rewriting Knowledge Work — But the Real Economic Shock Is Still Coming

Quarterly Economics Update: Generative AI Is Rewriting Knowledge Work — But the Real Economic Shock Is Still Coming

Byadmin

The Big Development In offices from New York to Nairobi, a curious pattern is emerging: professionals are doing more work in less time, yet the invoice often looks exactly the same. Generative tools are quietly taking over tasks that once devoured evenings and weekends — turning rough notes into polished decks, structuring research, drafting code…