manager magazin

AI Boom Drives Infineon Revenue to Record High

Infineon reported a record third fiscal-quarter revenue driven by strong demand for power chips used in AI data centers. The company said third-quarter sales reached €4.2 million (reported), up 13% year-on-year, while net profit rose 39% to €423 million. Operative segment result increased 22% to €797 million and the corresponding margin improved to 19.1%. CEO Jochen Hanebeck said power-supply solutions for AI data centers remain the most important growth driver. For fiscal 2025/26 Infineon now expects revenue to rise about 11% year-on-year to roughly €16.3 billion. The company also disclosed multi-year reservation agreements or negotiations with cumulative revenue in the high single-digit billion-euro range, some including advance payments. The report cites Reuters as the news source.

Demis Hassabis Steps Down as DeepMind CEO; Shares Fall

Alphabet reorganized AI leadership: DeepMind co‑founder Demis Hassabis will step back from day‑to‑day management to become Chair of Google DeepMind and Chief Scientist at Alphabet, focusing on long‑term AGI research, advising his successor, and spending more time on Isomorphic Labs. Koray Kavukcuoglu was promoted to Senior Vice President and operational head of DeepMind/Google’s AI division, overseeing Gemini model development, frontier research, applications and developer platforms. Longtime Google research lead Jeff Dean is leaving after 27 years to co‑found an independent machine‑learning research company with Sanjay Ghemawat; Google says it will support and invest in the effort. CEO Sundar Pichai highlighted AI momentum—Gemini’s app reaches roughly 950 million monthly users and open models like Gemma have broad adoption—yet the announcement briefly pushed Alphabet shares down about 4–5%, erasing roughly $200 billion in market value amid tensions between AGI science and rapid commercialization.

US Court Lifts Amazon Ban on Perplexity

A U.S. appeals court on August 5, 2026 lifted a preliminary injunction that had barred Perplexity’s AI shopping agents from operating on Amazon, ruling in an emergency proceeding that the agents act on behalf of users and therefore do not clearly violate the Computer Fraud and Abuse Act (CFAA). The court found Perplexity itself likely did not access Amazon’s systems without authorization because users directed the AI to their accounts. The decision — the first U.S. appellate ruling to address whether user-directed, agentic AI may lawfully access online platforms — applies only to the preliminary stage; the underlying lawsuit, in which Amazon sued in November alleging Perplexity’s Comet browser secretly accessed accounts and a federal judge temporarily blocked the agents in March, remains pending. Amazon says it disagrees and is evaluating further legal steps; the ruling has broad implications for e-commerce control, advertising monetization and legal treatment of AI assistants.