
Samsung Gains 6% amid Rumors about Company Becoming Nvidia AI Supplier
With Samsung winning the position of a competitor against SK Hynix, Nvidia will have more options when it comes to chip supply and stop relying on SK Hynix as a sole provider.
With Samsung winning the position of a competitor against SK Hynix, Nvidia will have more options when it comes to chip supply and stop relying on SK Hynix as a sole provider.
Amazon will release an application on the Shopify ecosystem to enable US-based Amazon merchants to add Buy with Prime into their Shopify Checkout.
Lululemon Athletica announced a revenue of about $2.2 billion, up approximately 18 percent compared to the same time last year.
While the sum involved in this sanction violation might appear insignificant, it highlights the industry’s ongoing struggle to prevent breaches following global geopolitical events.
Sebastian Siemiatkowski, Klarna’s CEO and founder, said that the firm is very hopeful for the second half of 2023, suggesting that the aggressive cost-cutting strategy in 2022 may now be yielding.
While on the surface, this may seem like an attempt to provide value to users, it highlights the ongoing tension between personalized experiences and the ethical use of personal data.
Ivy will use these funds to expand its footprint in different regions and partner with major payment service providers thereby helping them power their own open-banking offerings.
AI21 Labs is planning to use the money raised for developing AI products that will compete with ChatGPT developer OpenAI and AI safety and research company Anthropic.
The S&P 500 gained about 3.17 percent in the past five days to trade at around 4,514.87 as of Wednesday’s close.
Along with Pixel 8, Google is likely to introduce a range of new hardware, including the company’s latest wearable, the Pixel Watch 2.
Additionally, UBS has announced its decision to fully integrate Credit Suisse’s domestic banking unit into its operations.
Despite reporting stronger guidance than expected by analysts, Salesforce highlighted that market uncertainty continues to pressure its future growth prospects.
Chinese authorities have accelerated efforts to support companies that are aiming to develop AI.
A tighter labor market and lower jobs opening shows that inflation pressure continue. Companies are adopting a cautious before the Fed’s September meeting.
OpenAI revealed that since the launch of ChatGPT nine months ago, it has been adopted by more than 80% of Fortune 500 companies.