Nvidia recently increased its quarterly earnings guidance on the back of solid demand, also sparking a rally in AI stocks.
In Q1, Nvidia partnered with ServiceNow, Medtronic, Dell Technologies, and Microsoft’s Azure to build generative AI for its array of products.
British inflation has been stubborn forcing the Bank of England to continue its interest rate hikes to 4.5%, for the 12th consecutive time. Economists are expecting further hikes in the upcoming meetings.
Given the significance of 5G technology in the advancement of consumer electronics and connectivity, Apple said it is spending tens of billions of dollars to develop this field in the US.
Per the IMF outlook, resilient demand in the context of declining energy prices can encourage a positive outlook for the UK economy in several ways.
Previously, one of the simplest ways to access OpenAI’s software on a mobile device was to use Microsoft’s Bing app which offers access to ChatGPT. Now, with the app, using the chatbot will be easier and faster.
Streaming giant Netflix experienced a rise in stock value Thursday after pitching advertisers at its first Upfronts session.
The new Meta Training and Inference Accelerator (MTIA) chip shall specifically handle “inference”, an already-trained AI model that makes a prediction or takes action.
Walmart “leveraged expenses and expanded operating margin” in Q1 2023 and now expects a 3.5% increase in consolidated net sales for the year.
Musk noted that Tesla will conduct a third-party audit of its cobalt supply chain to ensure there is no child labour in the supply chain.
China’s economic outlook also affected the stocks of some of the top companies in the country.
European Commission stated that Microsoft is offering remedies to allay competition concerns allowing consumers to stream the titles on any cloud computing platform of their choice.
Before this announcement, Vice Media had begun to restructure its global organizational workforce.
The biggest beneficiary of this move in the long term will be Tesla shareholders, considering the firm is the only publicly listed entity tied to Elon Musk
During Elon Musk’s leadership, Twitter suffered a few technical errors and outages.