TikTok is closing in on its downward revised 2022 ad revenue target of $10 billion, according to research firm Insider Intelligence. The ByteDance company had initially projected $12 billion but adjusted the forecast due to a digital advertising downturn that’s affected everyone from Alphabet to Meta Platforms. Despite the hedge, TikTok’s ad haul this year will nearly double that of 2021, and is expected to surpass the performance of Twitter and Snap. However, it still trails advertising on Meta’s Facebook and Instagram, which generated more than $84 billion in the first nine months of 2022 (essentially flat). Read more

Cerebras Systems has unveiled its Andromeda AI supercomputer. With 13.5 million cores, it can calculate at the rate of 1 exaflop — roughly one quintillion (1 followed by 18 zeroes) operations — per second using a 16-bit floating point format. Andromeda’s brain is built of 16 linked Cerebras CS-2 systems, AI computers that use giant Wafer-Scale Engine 2 chips. Each chip has hundreds of thousands of cores, but is more compact and powerful than servers that use standard CPUs, according to Cerebras, which is making Andromeda available for commercial and academic research. Read more

YouTube is adding a Live Q&A feature aimed at helping creators to interact with viewers during live streams. Now, when a Q&A starts a prompt will appear pinned to the top of the chat. As viewers begin chatting their questions, creators can select the ones they’re responding to and pin them at the top, too, so participants will know which query is being responded to. The new system brings some organization to what was a sometimes confusing Q&A format, with creators scrolling for questions and participants often clueless as to the context of the response. Read more

Information continues to trickle out regarding Apple’s new reality altering headset, expected to hit the market next year, possibly as soon as April. Bloomberg reports it will be powered by a Mac-level M2 chip, with more than 10 cameras facing both outward and inward and “the highest-resolution displays ever featured in a mass-market headset,” although the price tag, forecast as between $2,000 and $3,000, doesn’t sound mainstream. The first version of realityOS the company has developed is codenamed Oak. Apple is also reportedly developing 3D content for the new platform. Read more

Intel is taking on Nvidia and AMD with its Max Series for high performance computing and artificial intelligence. The company unveiled two products under the Max umbrella: the Intel Xeon Max CPU and the Intel Data Center Max Series GPU. The Max GPU is Intel’s highest density processor, packing over 100 billion transistors into a 47-tile package with up to 128GB of high-bandwidth memory. The oneAPI open software ecosystem provides a single programming environment for both new processors, with Intel’s 2023 oneAPI and AI tools enabling the Intel Max Series products’ advanced features. Read more