The startup, which runs a popular free AI leaderboard, launched its commercial service just last September.

Dynamics in the semiconductor foundry industry and strong demand for AI products have led to the revenue at the top ten foundries increasing by 3.7% in the first quarter, says market research firm TrendForce. The research firm adds that underutilization for some nodes fell during the first quarter, and with manufacturers expecting utilization to grow in the second quarter, wafer prices can also rise later during the year. Top Global Foundries See Revenue Grow Despite Lower Smartphone Demand, Says Research Firm The first quarter of a calendar year is a slow quarter for foundries since smartphone demand typically slows down. […]

Read full article at https://wccftech.com/ai-chip-frenzy-drags-foundry-revenue-up-3-7-in-q1-yet-wafer-prices-are-about-to-hit-customers-next/

The enterprise AI search startup tripled its annual revenue even as tech giants entered the category.

Some AI startups are stretching traditional revenue metrics when talking about progress publicly. And their investors are fully aware.

Crimson Desert is currently one of the biggest success stories of 2026. Following a ton of pre-launch hype, the ambitious open-world title was met with some negativity due to awkward controls amongst other issues. Fortunately, many of these concerns were quickly quashed, with Crimson Desert going on to sell over 5 million copies. Owing to its success, publisher Pearl Abyss have now confirmed that Q1 2026 marked the best fiscal quarter in their company’s history.

Making the announcement as part of their latest fiscal earnings report, developer Pearl Abyss officially confirmed that “thanks to the global success of its new title Crimson Desert, the company achieved the highest quarterly revenue in its history” – representing an increase of just under 420% year-over-year.

Even more impressive is the fact that net profit saw an increase of over 31,000% year-over-year.

Regarding Crimson Desert in particular, Pearl Abyss revealed that the title had generated 81% of the company’s revenue – with the other 19% being attributed to their ongoing MMO Black Desert.

Despite being a PC tech showpiece, the platform breakdown for Crimson Desert is surprisingly even, with the revenue split between consoles and PC said to be at exactly 50%.

Regionally, Crimson Desert has found far more success in the West, with Pearl Abyss revealing that ‘overseas sales’ accounted for 94% of total revenue for the period (with 81% percent coming from North America and Europe.)

Pearl Abyss was already trucking along quite healthily thanks to the ongoing success of Black Desert. Even so, it is clear that Crimson Desert has made a big impact not only across the industry itself, but also for the studio’s bottom line. It will be interesting to see where the game goes from here.

KitGuru says: What do you think of Crimson Desert so far? Is it your current GOTY? Let us know your thoughts down below.

The post Crimson Desert helps push Pearl Abyss to new record revenue highs first appeared on KitGuru.

Today, Pearl Abyss has reported a transformative quarter, with the launch of its long-awaited open world action RPG Crimson Desert turning in excellent sales numbers and setting the Korean developer on course for what could be its most profitable year on record. Crimson Desert launched on March 19, 2026 and immediately made a statement by topping Steam's Top Sellers chart across major markets despite being an entirely new IP. Despite the lack of overwhelmingly positive critical reviews, its sales trajectory was relentless: Pearl Abyss reports that the split between PC and console was nearly even at 50:50, which is notable for […]

Read full article at https://wccftech.com/crimson-desert-pearl-abyss-sales-na-eu/

Gusto has shared an impressive milestone on its actual revenue, not an ARR number that estimates future income.

A new report published today by market analyst firm Newzoo suggests a structural shift in the PC and console gaming market: while the biggest AAA titles still dominate, a growing share of both playtime and revenue is flowing to games ranked outside the Top 20, with the trend most pronounced on the PC platform. The headline figure is striking. In Western markets (US, UK, Germany, France, Italy, Spain), titles ranked 21st and below accounted for 56% of total PC gaming revenue in 2025, up from 48% in 2022. That means the majority of money spent on PC games now goes […]

Read full article at https://wccftech.com/aaa-dominance-eroding-pc-gaming-revenue-top-20/

NVIDIA's CEO, Jensen Huang, has talked about what we anticipate in terms of compute demand growing in the coming years, and the figure he projects is beyond shocking. The AI World Has Brought In 'Wild' Compute Demand With the Inference Crazy, And NVIDIA's Here to Capitalize On It The AI industry is at a defining point, as we are seeing a massive shift from training to inference, driving increased compute demand and aggressive revenue growth. Back at GTC 2025, NVIDIA talked about achieving $500 billion in revenue in three quarters, credited to the company's performance with Blackwell and Vera Rubin, […]

Read full article at https://wccftech.com/nvidia-anticipates-compute-revenue-to-skyrocket-to-1-trillion-in-just-two-years/

AI has brought the startup world the rise of companies that instantly hit multimillion-dollar ARR. Stripe revealed some data that shows how common this has become.