Receding recession fears and a strong equities rally have also rejuvenated the US IPO market in 2024 after two lackluster years
The new model's capability and complexity, measured by its computing parameters, will be less powerful than ByteDance's existing AI model Doubao, one of the people said
During his US visit, PM Modi met Silicon Valley CEOs to discuss AI, quantum tech, and semiconductors. As many as 15 heads of prominent companies such as Google and HP were present at the key meet
Separately, the Information reported on Thursday that OpenAI executives have discussed higher-priced subscriptions for upcoming large-language models
Volvo Cars, which is majority-owned by China's Geely, lowered its target for operating profit margin
You.com claims millions of daily users, including at organizations like Salesforce, Stanford University and the startup Hugging Face
Nvidia lost $279 billion of its market cap on Tuesday, leading a broader market selloff. This followed a quarterly revenue forecast by the company that fell short of investors expectations
Nvidia lost $279 billion in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology that has fueled much of this year's stock market gains
The antitrust watchdog had previously delivered questionnaires, and has now sent legally binding requests to Nvidia, the report said, adding that other companies had also received subpoenas
The exceptional participation has prompted the government to extend the deadline to accommodate the overwhelming response and industry suggestions
OpenAI revealed that 92 per cent of Fortune 500 companies use its products, and usage of its API has doubled since ChatGPT-4o mini launched in July
OpenAI has become increasingly important to Apple's artificial intelligence strategy, with the iPhone maker bringing the AI firm's chatbot, ChatGPT, to Apple devices as part of "Apple Intelligence"
Infosys on Thursday said it has expanded its partnership with American chipmaker NVIDIA to develop GenAI-powered solutions for telecom operators. The IT major has developed three generative AI solutions powered by its AI-offering Topaz, which make use of NVIDIA NIM inference microservices, NVIDIA NeMo Retriever embedding models, and NeMo Guardrails to customise and deploy generative AI telco domain-specific large-language models. It has also used NVIDIA Riva to allow real-time transcription and translations for call centre agents, according to a regulatory filing. "Telcos are increasingly adopting generative AI solutions to improve the productivity of their businesses with smarter networks, more efficient operations, and enhanced customer service. "Leveraging NVIDIA's full-stack accelerated computing and AI platform, Infosys Topaz is delivering a suite of domain-specific solutions that will help telcos accelerate and streamline their adoption of generative AI," Ronnie Vasishta, Sen
Under the helm of co-founder and CEO Jensen Huang, Nvidia's philosophy is crystal clear: 'If you want to do extraordinary things, it shouldn't be easy'
Countries adopting their own AI applications and models will contribute about low double-digit billions to Nvidia's revenue
Investors now await US weekly jobless claims, which have gained prominence
The revenue and gross margin forecast for the current quarter were not far from analysts' expectations
The product is a much-anticipated successor to the company's Hopper line of so-called AI accelerators, which have sent its revenue and stock price soaring