Both companies recognize the potential of AI technologies and are actively seeking to harness them to boost their businesses.
The initiative will be funded through the Inflation Reduction Act, which approved $80 billion over ten years for the IRS.
AMD is gearing up for its AI progress and is pushing to launch its top-notch MI300 AI chips in the last quarter of the year.
MicroStrategy, under the leadership of Chairman Michael Saylor, has shown continued interest in the flagship cryptocurrency.
Starbucks’ operating margin benefited from improved productivity and higher menu prices, it rose to 17.3% from 15.9%.
GameStop wallet was launched back in May 2022. Being a self-custodial Ethereum wallet, it allowed users to manage cryptocurrencies and non-fungible tokens.
On Tuesday, Uber released its Q2 2023 earnings report, posting a profit for the first time in its history. For the quarter that ended on June 30, Uber reported $9.2 billion in revenue, which is 14.3% higher compared to last year.
Before releasing the latest ratings, Fitch had initially warned about a possible downgrade during US debt ceiling negotiations a few months ago.
The CoinShares CEO said there was a significant involvement of TradFi institutions in the crypto industry.
Uber reported record profits and milestones in the second quarter of 2023, with significant improvements in earnings per share, operating income, and EBITDA, as well as a substantial increase in trips and food delivery orders.
Meanwhile, Google is not alone in its pursuit of enhancing AI-powered virtual assistants.
With falling commodity prices, BP and other oil giants faced significant headwinds taking a major hit on its profits during Q2 2023.
Meta is considering automated checks on the chatbots’ outputs to ensure accuracy and compliance with platform rules.
Market analysts praised Palantir for their efforts in building an unprecedented AI fortress with the CEO calling for increased collaboration between the tech sector and the government.
According to the Worldcoin team, the project was fully compliant with European data rules and was supervised by the Bavarian State Office for Data Protection Supervision.