Artificial intelligence
Apple co-founder Steve Wozniak blasts Musk’s DOGE over ‘sledgehammer’ approach to government layoffs
Steve Wozniak, co-founder of the technology company Apple. Thomas Banneyer | Picture Alliance | Getty Images BARCELONA — Apple co-founder Steve Wozniak criticized the “sledgehammer” approach Elon Musk’s Department of Government Efficiency has taken to cut administrative costs and implement mass firings at federal government agencies. The Department of Government Efficiency — or “DOGE,” for […]
Read More
Cheap? Nvidia valuation nearing 10-year lows, according to Bernstein
Bernstein is taking a contrarian view on Nvidia stock even as other investors signal that valuations had grown for the broader artificial intelligence trade and as tariffs weigh on sentiment and depress prices. In fact, Bernstein managing director and senior analyst Stacy Rasgon argued that Nvidia’s valuation is a buying opportunity for investors, now that […]
Read More
Nvidia’s unofficial exports to China face scrutiny after arrest of silicon smugglers in Singapore
Nvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. Jan. 6, 2025. Steve Marcus | Reuters Alarm bells went off in 2024 when Singapore unexpectedly emerged as Nvidia’s second-largest revenue source. The disclosure fueled widespread speculation that Nvidia’s artificial intelligence chips were […]
Read More
Taiwan Semiconductor to announce $100 billion investment in U.S. chip manufacturing plants
President Donald Trump is expected to announce a $100 billion investment from Taiwan Semiconductor Manufacturing to bolster chip manufacturing over the next four years in the U.S, NBC has learned. The Wall Street Journal first reported the news. TSMC, which supplies semiconductors to the likes of Nvidia and Apple for artificial intelligence use, would help […]
Read More
China’s Honor pledges $10 billion AI investment and deepens ties with Google in global push
Chinese smartphone company Honor has released devices that fold up to be nearly as thin as an iPhone. Nurphoto | Nurphoto | Getty Images BARCELONA — Honor on Sunday pledged $10 billion in artificial intelligence investments over the next five years and announced a deepening partnership with Google, as the Chinese smartphone maker looks to […]
Read More
A third of trucks leaving Singapore’s ports were empty — AI helped cut that number in half
Singapore’s trucking industry has long been weighed down by manpower shortages, high operational costs and wasted trips. Here’s how artificial intelligence helped change that. Efficiency should be everything at one of the world’s busiest shipping hubs. And yet, for years, Singapore’s haulier industry has been weighed down by manpower shortages, high operational costs and wasted […]
Read More
Nvidia bounced from the $3 trillion market cap club after shares fall more than 8%
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of a Siliconware Precision Industries Co. plant in Taichung, Taiwan, Jan. 16, 2025. An Rong Xu | Bloomberg | Getty Images Nvidia is out, leaving Apple as the sole member of the $3 trillion club. The chipmaker’s shares slumped more than […]
Read More
Market volatility creating buzz for these two types of ETFs
ETF Edge Market volatility creating buzz for these two types of ETFs Published Thu, Feb 27 20257:40 AM EST Krysta Escobar WATCH LIVE Source
Read More
Alibaba makes AI video generation model free to use globally
The Alibaba office building is seen in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba on Wednesday said that it has made its video generation artificial intelligence models free to use, further ramping up competition with rivals like OpenAI. The Chinese giant said it is open sourcing […]
Read More
Apple to open AI server factory in Texas as part of $500 billion U.S. investment
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Victor J. Blue | Bloomberg | Getty Images Apple plans to open a new factory for artificial intelligence servers in […]
Read More