Enterprise
Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings
Nvidia CEO Jensen Huang presents “Blackwell” at an event ahead of the Computex forum, in Taipei, Taiwan, on June 2, 2024. Ann Wang | Reuters Nvidia shares have surged 25% in the last month and are closing in on a record ahead of tech earnings season in the coming weeks, when top customers like Meta, […]
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HSBC exec says there’s a lot of AI ‘success theater’ happening in finance
Big technology companies are betting that a new wave of smaller, more precise AI models will be more effective when it comes to the needs of businesses in sectors like law, finance, and health care. Jaap Arriens | NurPhoto via Getty Images LONDON — Increasingly many financial services firms are touting the benefits of artificial […]
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LinkedIn goes deeper into puzzle games with Tango, following success of Queens
A man opens the LinkedIn social network app on his smartphone at the breakfast table in Berlin on July 5, 2024. Alicia Windzio | Picture Alliance | Getty Images Every morning, Emily Ritter spends 15 minutes in bed checking her Instagram, Messages, Slack and Strava apps and playing The New York Times’ Connections and Strands […]
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Women’s health startup Maven Clinic closes funding at $1.7 billion valuation
Kate Ryder, CEO of Maven, speaking at the CNBC Changemakers Summit in New York on April 18th, 2024. Danielle DeVries | CNBC Maven Clinic, a health-care startup for women and families, announced Tuesday that it has closed a $125 million funding round at a $1.7 billion valuation. The company seeks to offer patients virtual care […]
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Foxconn chairman says AI investment boom ‘still has some time to go’ as language models evolve
Chairman of Foxconn Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023. I-hwa Cheng | AFP | Getty Images The boom in corporate investment into artificial intelligence infrastructure still has some way to go as large language models are continuing to evolve, according to the CEO of […]
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Super Micro shares soar after server company says it’s shipping over 100,000 AI GPUs per quarter
Super Micro CEO Charles Liang. Source: Supermicro Super Micro Computer shares jumped 15% after the computer server company said it’s shipping more than 100,000 graphics processing units used for artificial intelligence per quarter. That could translate into several billions of dollars of orders if the average price of a GPU is around the cost of […]
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Oura announces new smart ring with updated design and new sensors for $349
A user wearing an Oura Ring Courtesy: Oura Oura unveiled its new smart ring, the Oura Ring 4, on Thursday, which is available starting at $349. The company’s rings track sleep, exercise, stress, heart health and other metrics to help users understand their bodies and make healthier choices. The Oura Ring 4 has new sensors, […]
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Microsoft’s new Windows 11 update comes with energy use and Wi-Fi enhancements
Microsoft CEO Satya Nadella speaks at the company’s annual developer conference in Seattle on May 21, 2024. Max Cherney | Reuters Microsoft said Thursday that it’s starting the process of releasing a broad update to its Windows 11 operating system for PCs. Today, Windows accounts for just 9% of Microsoft’s $245 billion in fiscal 2024 […]
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Microsoft’s mammoth AI bet will lead to over $100 billion in data center leases
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Microsoft will invest $1.7 billion to build out cloud computing and artificial intelligence infrastructure in Indonesia, betting on Southeast Asia’s biggest economy to spur growth. Dimas Ardian | Bloomberg | Getty Images As Microsoft investors […]
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AI chipmaker Cerebras files for IPO to take on Nvidia
Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering, with plans to trade under the ticker symbol “CBRS” on the […]
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