OpenAI’s chief executive is on track to join the ranks of Big Tech Billionaires if the company adopts a “for profit” model. Sam Altman, 39 years old, may be given
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The US Department of Justice has issued a subpoena to Nvidia Corporation, indicating an escalation in its antitrust investigation into the company. This legal request requires Nvidia, a major player
Klarna, the prominent buy now, pay later lender, has significantly reduced its workforce by more than 1,000 employees, largely due to the integration of artificial intelligence (AI) into its operations.
Nvidia, the artificial intelligence chip designer, is expected to announce a remarkable doubling of sales year-on-year when it reports its highly anticipated quarterly earnings tonight. Analysts forecast sales of $28.6
As the demand for artificial intelligence inference grows exponentially, driven by the increasing popularity of chatbots and generative AI applications, Nvidia’s competitors are mobilizing to challenge the company’s dominance in
As Apple prepares to launch its iOS 18 software upgrade, the tech giant is set to introduce a suite of artificial intelligence (AI) features under the brand name “Apple Intelligence.”
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
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
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
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
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,
Intel plans to cut 15,000 positions as it attempts a revival of its manufacturing operations that have fallen behind the development and artificial intelligence. In New York, the shares of
Apple exceeded Wall Street’s expectations in the fourth quarter, as a rise in demand for iPads and Macbooks compensated for a drop in iPhone sales. The most valuable company in
The parent company of Google, Alphabet has seen its second quarter profits rise due to a combination of growing cloud computing sales as well as search engine advertising. Alphabet exceeded
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
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