Saturday, December 21, 2024

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June 6, 2024 11:50 AM

Nvidia overtakes Apple as No. 2 most valuable company

Nvidia's rallied to record highs on Wednesday, with the artificial intelligence chipmaker's valuation breaching the $3 trillion mark and overtaking Apple to become the world's second most valuable company. Nvidia is preparing to split its stock ten-...

May 21, 2024 4:19 PM

AI summit secures safety commitments from 16 companies

Sixteen companies involved in AI including Alphabet's Google, Meta, Microsoft and OpenAI, as well as companies from China, South Korea and the United Arab Emirates have committed to safe development of the technology. The announcement unveiled in a ...

May 13, 2024 5:00 PM

Microsoft to invest 4 billion euros in France

Technology and software giant Microsoft will invest 4 billion euros ($4.3 billion) in France as part of the annual 'Choose France' business summit, its president Brad Smith announced on Monday (May 13). "We're going to spend 4-billion euros to build...

April 25, 2024 7:04 PM

Meta sparks tech selloff as AI splurge spooks Wall Street

Shares of Meta Platforms META sank nearly 15% on Thursday, sparking a selloff in big tech stocks after the social media giant signaled its costly bet on AI would take years to pay off.   The premarket drop was set to erase more than $180 billion...

March 27, 2024 1:34 PM

Pavan Davuluri to lead Microsoft’s Windows and Surface teams

Microsoft has once again merged its Windows and Surface teams internally, with Pavan Davuluri, an alumnus of IIT Madras, entrusted with leading development efforts on both fronts. According to reports from Windows Central, a reputable source for Mic...

November 22, 2023 12:25 PM

OpenAI restores Sam Altman as CEO after his tumultuous ouster

OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the center of the artificial intelligence boom. In addition to Altman's return, the...

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Last updated on: 21st December 2024