Apple Plans to Use 1.2 Trillion Parameter Google Gemini Model to Power New Siri
Apple Inc. is planning to use a 1.2 trillion parameter artificial intelligence model developed by Alphabet Inc.’s Google…
Meta Spending Spree Recalls Metaverse Debacle That Crushed Stock
The huge checks Meta Platforms Inc. is writing to support its artificial intelligence ambitions are reminding some investors…
AMD’s Outlook Fails to Wow Investors After AI-Fueled Rally
Advanced Micro Devices Inc., the main contender to Nvidia Corp. in the artificial intelligence chip market, failed to…
Space Startup Beams More Laser Energy to Panels Than Ever Before
Aerospace startup Star Catcher Industries Inc., which is developing technology to beam solar power to orbiting satellites, said…
CEOs Express Optimism Over China Retail as Economic Downturn Nears End
Top executives at Western brands that do business in China are showing cautious optimism that consumer spending in…
Morgan Stanley CEO Says Asset Managers Want China Exposure
China remains a top draw for global asset managers as confidence returns, with investors acknowledging that the world’s…
Amazon Inks $38 Billion Deal With OpenAI to Supply Nvidia Chips (AMZN, NVDA) – Bloomberg.com
Amazon Inks $38 Billion Deal With OpenAI to Supply Nvidia Chips (AMZN, NVDA) Bloomberg.comOpenAI signs $38 billion compute deal…
Microsoft Signs $9.7 Billion AI Cloud Deal With IREN
Microsoft Corp. has signed an approximately $9.7 billion deal to purchase AI cloud capacity from IREN Ltd., becoming…
Abu Dhabi’s Adnoc Uses AI to Reduce Unplanned Shutdowns by Half
Abu Dhabi National Oil Co. has started to deploy artificial intelligence to vastly reduce sudden maintenance halts and…
Korea’s Kospi Extends Rally as AI Momentum Rises on Nvidia (NVDA) Ties
South Korea’s equity benchmark is building on its strongest monthly rally in over two decades, underscoring the market’s…
Nvidia’s $400 Billion Week Fueled by Jensen Huang’s Dealmaking Spree
Even for Jensen Huang, it was an extraordinary week. The Nvidia Corp. chief headlined his company’s first developers…
Adobe Struggles to Assure Investors That It Can Thrive in AI Era
Adobe Inc. brought together 10,000 marketers, filmmakers and content creators to its annual conference this week to persuade…