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AI
Nvidias Earnings Report Set to Reveal Impact of AI Chip Boom Amidst Blackwell Delay
Nvidia, the US chipmaker, is poised to announce its quarterly sales have more than doubled on Wednesday, even as year-on-year growth slows. Wall Street anxiously awaits what has become one of the most closely watched earnings reports in the…
Nvidias Meteoric Rise Can Anything Halt Its Momentum
In the realm of semiconductor giants, Nvidia has emerged as the undisputed frontrunner in the race to develop chips that power the explosive growth of artificial intelligence (AI). The company's meteoric rise has been nothing short of…
AMD Acquires ZT Systems in 49 Billion Deal to Bolster AI Infrastructure Capabilities
In a bold move to challenge Nvidia's dominance in the AI infrastructure market, Advanced Micro Devices (AMD) has announced the acquisition of ZT Systems for $4.9 billion in cash and stock. The California-based chipmaker aims to accelerate…
AI Revolutionises Drug Discovery Saving Time and Lives for Pharmaceutical Giants
In a world where numerous industries are reevaluating the transformative potential of artificial intelligence (AI), the pharmaceutical sector is already experiencing revolutionary changes in drug discovery. Companies like GSK and…
Big Tech Pledges Over 100 Billion Dollars in AI Infrastructure Spending Amidst Market Scepticism
In a bold move, tech giants Microsoft, Alphabet, Amazon, and Meta have collectively increased their capital expenditure by an astonishing 50%, surpassing the $100 billion mark this year. This massive investment aims to develop the…
ChatGPTs Welsh Language Glitch Leaves English Users Baffled
In an unexpected twist, ChatGPT users in the United Kingdom have found themselves perplexed by the AI chatbot's propensity to respond in Welsh, despite being prompted with English-language queries. This peculiar glitch has come to light as…
Elon Musk Sues OpenAI For ‘Shakespearean Perfidy And Deceit’
Elon Musk filed a new lawsuit against OpenAI, the maker of ChatGPT and its CEO Sam Altman. He accused the company of "perfidy" and "deceit of Shakespearean proportions".
Musk's latest attack on OpenAI, the company he founded in 2015,…
AI Breakthrough: Predicting Bowel Cancer Recurrence and Optimising Treatment
In a groundbreaking study, researchers from the University of Leeds have harnessed the power of artificial intelligence (AI) to identify early-stage bowel cancer patients at the highest risk of disease recurrence. This innovative approach…
Tech Giants Face Correction Amid AI Boom Doubts and Mixed Quarterly Results
The magnificent seven, a group of technology stocks that has dominated the US stock market, has experienced a tough week as doubts about the return on artificial intelligence (AI) investments, mixed quarterly results, and weak US economic…
Meta squelches fears of AI spending
Facebook and Instagram's owner beat Wall Street estimates for sales on Wednesday night, as it sought investors' concerns about the billions it spends on artificial intelligence.
Meta Platforms' revenue in the second quarter, which is the…
OpenAI, Europe’s answer will be launched in 2023. Now, it’s worth €6bn
Arthur Mensch is a Paris celebrity. The entrepreneur, who is also the chief executive officer of Mistral (Europe's answer to OpenAI), has become a celebrity not only in Silicon Valley but in his own country.
Mistral, named after the…
OpenAI launches ‘SearchGPT” in challenge to Google
OpenAI launches an online search engine in direct competition with Google. This opens up a whole new front in the race for commercialisation of advances in artificial intelligence.
The San Francisco-based firm opened a waiting list of…
Meta releases open-source AI application ‘competitive with closed competitors’
Meta claims that its new artificial-intelligence model will be the first open source system to rival products from competitors like OpenAI and Anthropic.
In a blog post, the company stated that its new model with the unwieldy title of…
Cohere, a new AI startup, raises $500mn to compete with OpenAI
Cohere, an artificial intelligence company, has raised $500mn through a new round of funding, making it the most valuable start-up in the world. This will help the Canadian firm to compete with rivals such as OpenAI and Anthropic.
The…
Netflix revenue surges as popular shows draw a large new audience
Netflix's second-quarter revenue and earnings exceeded Wall Street expectations thanks to the success of shows like Bridgerton and Baby Reindeer .
The number of new subscribers was the highest in a quarter two since 2020 when Netflix…
Samsung Electronics Acquires Oxford Semantic Technologies: Boosting AI Capabilities
Reuters reported that Samsung Electronics had agreed to purchase Oxford Semantic Technologies.
Thw British startup specializes in technology which can be used for artificial intelligence applications. Oxford Semantic is a specialist in…
OpenAI urges US financial watchdog to investigate NDAs
OpenAI whistleblowers urged the US Financial Watchdog to investigate nondisclosure contracts at the startup. They claimed the contracts contained restrictions, such as requiring that employees seek permission before contacting regulatory…
Microsoft and Apple drop out of OpenAI Board amid regulatory scrutiny
Microsoft and Apple resigned from their board observers seats at OpenAI to quell global regulators' concern over the close relationship between big tech companies and a few powerful AI start ups.
Microsoft, less than nine months after…