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Artificial intelligence

Relx increases dividends after AI demand soars

Relx increased its dividends and began a £1-billion share buyback in response to the strong demand for its artificial intelligence (AI) products from scientists and lawyers, and its continuing recovery in its events business. In the…

Microsoft AI advancements boost revenues to $62bn

Microsoft's Cloud and Windows services helped it beat Wall Street forecasts of revenue for the second quarter. Analysts had estimated that revenue would be $61.12 billion, but it rose 18% to $62 billion. Microsoft's Intelligent Cloud…

AMD launches new AI chip to compete with Nvidia

AMD, a chip designer, is now selling a product that aims to challenge Nvidia's stronghold in the market for artificial intelligence processors.It estimates this market to be worth 400bn dollars by 2027. Lisa Su, AMD's chief executive,…