It will also back new factories to manufacture the AI chips needed to power these systems and increase their availability to buyers.
News, Software
Snapchat set to outstrip Twitter, Yahoo & AOL in ad cash
Snapchat could surpass Twitter, Yahoo and AOL in advertising revenue within three years, with the messaging app company forecast to bring … 0 2405
NVIDIA’s stock stumble on Wall Street shows that investors need to broaden AI investments
Nigel Green, CEO of deVere Group, has said that the sudden decline in NVIDIA’s stock shows that Wall Street has an …
NVIDIA becomes the world’s most valuable company as its market capitalisation reaches $4 trillion
NVIDIA has surpassed Microsoft and Apple, by becoming the first company to reach the market capitalisation of $4 trillion, which …
Amazon joins Apple in the $1 trillion club
Amazon.com made history on Tuesday as it becomes the second publicly traded US company to reach the historic threshold after Apple.
Amazon bumps Google as Wall Street’s second most valuable firm
Amazon.com has reportedly became the second most valuable publicly listed US company on Tuesday, surpassing Google parent Alphabet for the first time, according to Reuters.
SEC cracks down on cryptocurrencies
The Securities and Exchange Commission (SEC) is cracking down on FinTech companies issuing initial coin offerings (ICOs), and has served …
Bitcoin soars above $12,000 for the first time
Bitcoin broke above the $12,000 mark Wednesday morning Asia-time, as the cryptocurrency continued its march higher, according to CNBC. As of …
Bitcoin plunges 29% from record high
Bitcoin plunged as the cancellation of a technology upgrade prompted some users to switch out of the cryptocurrency, spooking speculators …
Twitter CEO continues to forgo compensation
According to a Reuters report, Twitter CEO Jack Dorsey, continued to forego direct compensation, a regulatory filing showed recently.
Oracle’s shares surge as cloud services take off
Oracle’s shares jumped more than five per cent, beating analysts’ expectations, after the company signaled growing demands from its cloud-based services.