Tech
Nintendo concludes E3 expo
The E3 entertainment expo showcased a host of brand new video games and content exciting fans this week.
Whilst Microsoft stole the show earlier in the week with new footage from their flagship franchise Halo: Infinite trending through social media.
Nintendo capped off the celebrations with a Nintendo Direct presentation sharing a glimpse into what the highly secretive company has been working on. Including a look at the anticipated sequel in the Zelda franchise which will be released next year, according to Nintendo.
The next game is currently known casually as Breath of the Wild 2, and is set to expand on the open world gameplay established in the original.
A focus on heading skyward players can now explore the world above the mythical land of Hyrule via fractured islands – Final details for the game have yet to be confirmed but fans are speculating wildly as to how the epic story will unfold.
A brief trailer showcased the game’s hero Link using abilities that go far beyond what players experienced in the first game.
Nintendo didn’t mention the rumoured upgrade of the Switch during the E3 video game showcase.
Other new titles included a look at the new Mario Golf, WarioWare: get it together, Mario Party Superstars and an exciting new 2D Metroid – Metroid: Dread game which was a pleasant surprise for fans of the series!
Tech
WiseTech Global to slash 2,000 jobs amid AI transformation
WiseTech Global to reduce workforce by a third amid AI changes, despite 36% drop in net profit.
WiseTech Global to reduce workforce by a third amid AI changes, despite 36% drop in net profit.
WiseTech Global has announced plans to cut around 2,000 jobs, signalling the end of the era of manually writing code. The job losses, representing nearly a third of its workforce, will primarily affect product development and customer service.
The company’s chief executive says these redundancies are part of a broader push towards artificial intelligence-driven operations. WiseTech aims to streamline workflows and embrace automation, even as its net profit fell 36% due to acquisition costs.
Despite these cuts, WiseTech has reaffirmed its revenue and earnings guidance for the year, and its shares jumped 11 per cent following the announcement.
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Tech
Nvidia earnings soar as AI drives 75% revenue growth
Nvidia’s earnings soar as AI-driven data center revenue jumps 75% amidst booming demand
Nvidia’s earnings soar as AI-driven data center revenue jumps 75% amidst booming demand
– Nvidia’s earnings report shows a 75% increase in data centre revenue due to rising AI demand.
– Positive investor response led to a significant rise in shares following the company’s optimistic growth outlook.
Nvidia’s advancements in AI have positioned the company as a leader in the field, particularly in graphics processing units (GPUs) that have become essential for AI applications. The firm continues to innovate, expanding its offerings to meet the increasing demand from both data centers and research institutions.
AI Revenue
The growth in Nvidia’s data centre revenue is attributed to widespread adoption of AI technologies across various industries.
Companies in sectors such as healthcare, automotive, and finance are leveraging AI to enhance their operational efficiency and capabilities.
Nvidia’s success reflects broader trends in the market, highlighting the essential role of AI in driving technological advancements. As the demand for AI solutions escalates, Nvidia is likely to sustain its leadership position, reinforcing its strategy of focusing on AI-driven development and innovation.
Tech
OpenAI moves to replace software giants with AI products
OpenAI targets $280 billion revenue by 2030, prompting market fears despite some executives’ confidence in traditional software.
OpenAI targets $280 billion revenue by 2030, prompting market fears despite some executives’ confidence in traditional software.
OpenAI has revealed plans to replace major software providers with its own AI-driven products, signalling a dramatic shake-up across the tech industry. The company is targeting an eye-watering $30 billion in revenue by 2026 — and a staggering $280 billion by 2030 — underscoring just how aggressive its expansion strategy has become.
The announcement has rattled markets, with Atlantean’s stock sliding sharply amid fears that AI agents could reduce the need for traditional software licences. Investors are now questioning whether established providers can withstand a shift toward automated, AI-powered platforms.
OpenAI is doubling down through partnerships with major consulting firms to embed AI deeper into business operations. Still, some executives insist traditional software won’t disappear overnight — arguing it will evolve rather than collapse in the face of disruption.
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