Tag Archives: Russias

Russia’s VKontakte owner VK hit by second quarter loss

Russia’s VKontakte owner VK hit by second quarter loss

Marina Krasnova, General Director of VKontakte, attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 16, 2022. REUTERS/Anton Vaganov Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 11 (Reuters) – VK (VKCOq.L), owner of Russian social network VKontakte, reported a second-quarter net loss of 3.4 billion roubles ($56 million) on Thursday, partly due to a 14 billion rouble ($231 million) foreign exchange hit. The… Source link

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Russia’s Yandex says investments could pick up as revenues rise

Russia’s Yandex says investments could pick up as revenues rise

MOSCOW (Reuters) -Russian internet giant Yandex reported on Tuesday a jump in second-quarter revenue and profit, saying efforts to save cash had helped it weather external challenges and that investments may accelerate in the coming quarters. Like all Russian companies, Yandex has had to contend with the fallout from Moscow’s decision to send troops into Ukraine on Feb. 24, and although Yandex itself has not been targeted with Western sanctions, it has faced problems as… Source link

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Russia’s Yandex posts 45% increase in total revenues in Q2

Russia’s Yandex posts 45% increase in total revenues in Q2

MOSCOW (Reuters) – Russian internet giant Yandex on Tuesday reported a 45% year-on-year increase in total revenues in the second quarter to 118 billion roubles ($2 billion) and rebounded from last quarter’s net loss to post adjusted net income of 13.1 billion roubles. Yandex, one of Europe’s largest internet businesses and registered in the Netherlands, in late April said it was selling its news aggregator platform Yandex News and content recommendation service Yandex Zen to its Russian rival… Source link

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Russia’s Yandex posts 45% increase in total revenues in Q2

Russia’s Yandex posts 45% increase in total revenues in Q2

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, July 26 (Reuters) – Russian internet giant Yandex (YNDX.O) on Tuesday reported a 45% year-on-year increase in total revenues in the second quarter to 118 billion… Source link

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Russia’s Yandex posts 45% increase in total revenues in Q2

Russia’s Yandex posts 45% increase in total revenues in Q2

* This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, July 26 (Reuters) – Russian internet giant Yandex on Tuesday reported a 45% year-on-year increase in total revenues in the second quarter to 118 billion roubles ($2 billion) and rebounded from last quarter’s net loss to post adjusted net income of 13.1 billion roubles. Yandex, one of Europe’s largest internet businesses, registered in the… Source link

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Russia’s Yandex says investments could pick up as revenues rise

Russia’s Yandex says investments could pick up as revenues rise

Yandex reports rise in revenue, profit, EBITDA Russian firm says making strong efforts to conserve cash Yandex’s Moscow-listed shares up 8% by 1345 GMT This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, July 26 (Reuters) – Russian internet giant Yandex (YNDX.O) reported on Tuesday a jump in second-quarter revenue and profit, saying efforts to save cash had helped it weather external challenges and that investments may accelerate… Source link

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Russia’s Yandex gives public access to GPT-like large language model

Russia’s Yandex gives public access to GPT-like large language model

Yandex said it wants to promote new research into large language models by sharing best practices with the AI developer community. Russian tech company Yandex said it has made a large language model trained on 100bn parameters available for free to the public, in order to boost the growth of this AI technology. Large language models are natural language processing (NLP) systems that are trained on a massive volume of text. Yandex said they have become the… Source link

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Russia’s Yandex opens public access to AI large language model

Russia’s Yandex opens public access to AI large language model

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, June 23 (Reuters) – Russian technology company Yandex (YNDX.O) said on Thursday it had made a large language model for artificial intelligence research open to the… Source link

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Russia’s Yandex opens public access to AI large language model

Russia’s Yandex opens public access to AI large language model

MOSCOW – Russian technology company Yandex said on Thursday it had made a large language model for artificial intelligence research open to the public, hoping to spawn faster and deeper development of certain AI technologies. Large language models, which have become a key trend in AI, are powerful programs that can generate paragraphs of text and mimic human conversation. Yandex, like many Russian companies, has endured a turbulent few months since Moscow sent tens of thousands of… Source link

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