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AI
Google emissions have risen by nearly 50% in the last five years, as AI usage surges
Google's greenhouse gases emissions have risen 48 percent in the last five years, due to its expansion of data centres which underpin artificial-intelligence systems. This puts its commitment to achieve "net zero" by the year 2030 into…
Can AI boom drive Nvidia to a $4tn valuation despite investor doubt?
Jensen Huang did not mention a fall in the share price when he spoke last week at the Nvidia Annual General Meeting.
The US chipmaker briefly became the most valuable company in June, but it quickly lost the title. Nvidia lost about…
National security review of the Japanese deal with AI champion Graphcore
The proposed Japanese takeover by Graphcore of the British artificial-intelligence company is being reviewed for national security reasons amid concerns that foreign investors are targeting UK technology.
SoftBank, a Tokyo-based…
AI requires more data to cure diseases
The machines have already surpassed humans in a number of areas, including chess and bird identification. They can also predict complex protein structures. When it comes to really clever and intuitive things, such as original scientific…
Apple blames EU regulations for delaying the launch of AI features in Europe.
Apple has delayed the launch of three new artificial-intelligence features in Europe due to European Union rules on competition, which require that Apple ensure rival products and services are compatible with its devices. The features are…
The Nvidia wave is sweeping the tech sector
Jensen Huang, the Nvidia CEO, has been claiming for years that data centres around the world will have to undergo a complete overhaul to meet the needs of generative AI. He claims that $1tn will be needed over the next 4 to 5 years to train…
Mistral AI Secures $6 Billion Valuation in Second Funding Round for Open-Source AI
Mistral AI, a French artificial intelligence startup founded just a year ago by former employees of Meta and Google's DeepMind, has achieved an impressive
640 million in its Series B round, led by US venture capitalists General Catalyst,…
Mistral receives €600mn in funding after valuation soars up to €6bn
Mistral AI is a Paris-based artificial-intelligence start-up that has raised €600mn at a valuation close to €6bn. This comes just one year after Microsoft and Nvidia backed the company, which was initially launched as a rival for OpenAI.…
Apple will debut ‘Apple Intelligence,’ a new version of Siri with ChatGPT at WWDC in…
Tim Cook, Apple's CEO, announced Monday a series generative artificial-intelligence products and services during his keynote address at the company’s annual developer conference WWDC. These included "Apple Intelligence", and a partnership…
Nvidia surpasses Apple in market capitalisation as it passes $3tn
Nvidia’s market value surpassed $3tn on Wednesday, overtaking Apple as the second most valuable company in the world. This follows a year marked by incredible growth spurred by demand for artificial intelligence chips.
Bloomberg reported…
Salesforce falls as concerns about AI rivals and weak forecasts spark concern
Salesforce shares fell by 18% Thursday after the company's lowest-ever forecast for quarterly revenue growth raised concerns that high interest rates, and competing AI offerings, were hampering demand.
If losses continue, the company's…
Elon Musk’s xAI raises 6 billion dollars to compete with OpenAI
Elon Musk’s artificial intelligence (AI) company xAI closed a $6bn investment round (£4.7bn), making it one of the best-funded competitors to OpenAI.
The startup, which is just a year old has built a large language model, the technology…
Elon Musk’s xAI receives new funding from Andreessen Horowitz, Lightspeed Sequoia and Tribe
Elon Musk’s xAI, a start-up in artificial intelligence, has received new funding from Silicon Valley venture capitalists Lightspeed Venture Partners and Andreessen Horowitz. Sequoia Capital, Tribe Capital and Sequoia Capital have also…
Nvidia reports a massive growth rate as the AI boom continues.
Nvidia announced record quarterly revenues on Wednesday, fueled by the explosive growth in artificial intelligence adoption among corporations.
Jensen Huang is the founder and CEO of Nvidia. He said, "The next Industrial Revolution has…
Nvidia revenue surges 262% due to record AI chip demand
Nvidia's revenue increased 262 percent in the last quarter due to record sales of artificial-intelligence chips. This growth exceeded expectations and the company's chief executive stated that the blockbuster growth would continue this…
Microsoft improves “Copilot” in race against Google to create AI powered assistants
Microsoft announced an improved artificial intelligence-powered personal assistant that supports the work of all departments within a company without requiring direct commands. The tech giant is stepping up its competition with Google in…
Amazon delays order of Nvidia’s’superchips’ in anticipation of updated model
Amazon's cloud computing division has decided to delay the use of Nvidia’s most advanced “superchip” in order to wait for a newer, more powerful model. Investors are worried about a drop in demand during Nvidia's $2.3tn product cycle.
In…
Microsoft’s AI-powered chatbot will “recall” everything you did on its new PCs
Microsoft wants laptop users so familiar with its artificial-intelligence chatbot, that it remembers everything they do on their computer and helps them figure out what to do next.
Software giant announced an updated version of Copilot…