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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…
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…
US Considers Google Break-Up After Monopoly Ruling
Google's parent company, Alphabet Inc., faces potential divestiture of key operations following a landmark ruling by a US federal judge, which found the tech giant guilty of maintaining an illegal monopoly over online search. The US…
Musk’s X Sues Unilever Mars and CVS for a’massive boycott of advertisers’
Elon Musk’s social media platform X, sued a global ad alliance on Tuesday, along with several major companies including Unilever Mars and CVS Health. The lawsuit accused them of conspiring unlawfully to shun and deliberately cause the…
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…
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…
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…
SpaceForge, a British startup, receives a $1bn Nato fund to help build space factories
The Nato alliance has invested $1.1bn (£870m ) in a British start-up, which is planning to launch robot factories into the space.
Cardiff's Space Forge is looking to launch satellites and take advantage of the low gravity conditions to…
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…
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…
Reddit Shares Soar After Announcing Partnership with OpenAI
In a move that sent Reddit (NYSE:RDDT) shares surging by 14% in after-hours trading, the social media platform announced a groundbreaking partnership with OpenAI, the creator of ChatGPT. This collaboration is set to revolutionize the way…
Sony Music warns tech companies and streaming services about AI usage of its artists
Sony Music has sent warning letters to over 700 artificial intelligence developers around the world and music streaming services in an effort to combat tech groups that are ripping artists off.
The Sony music letter, seen by many,…
The tech firm Raspberry Pi prepares for a London Stock Exchange IPO
The British technology firm Raspberry Pi confirmed its intention of flotation in the UK. This is a major boost for the London Stock Exchange.
Cambridge-based company, best known for its low-cost computers that help children learn…
Apple’s latest iPads feature a ‘powerful chip for AI.’
Apple's new iPads feature what the company calls "an insanely powerful chip for AI", a sign of its growing focus on artificial-intelligence services.
Just months after introducing the M3 chip with new Macs, the company announced the "M4"…