Ces 2023 Amd Seeks to Attract Nvidia S Customers with Advanced New Ai Chips
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Nvidia and AMD stand out on this new list of Wall Street’s 20 favorite stocks
Nvidia remains on the list, but its ranking has fallen as its share price has soared.MarketWatch - Business -
SoftBank will reportedly invest nearly $1 billion in AI push, tapping Nvidia's chips
SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.CNBC - Business -
China Used Resellers to Obtain Recently Banned Nvidia Chips
Super Micro, Dell servers bought by Chinese universities and institutescontained advanced chipssubject to a widening U.S. tech export ban.Inc. - Business - China -
Nvidia's Biggest Manufacturer Doubles Down on AI
TSMC, the world’s biggest contract chip maker, is reshaping its business to respond to booming AI-related demand, but capacity is “still not enough.”The Wall Street Journal - Tech -
Tredence’s GenAI platform attracts top clients, fuels enterprise AI adoption
Tredence launches GenAI-as-a-Service platform, empowering enterprises to harness generative AI with reduced costs, improved efficiency, and responsible AI governance.VentureBeat - Tech -
Commerce Secretary Downplays Chinese Chip Power in Advanced Huawei Phone
Gina Raimondo says the Mate 60 Pro phone's processor is less advanced than American chips, pointing to successful tech export curbs.Inc. - Business - China -
Qtum Foundation powers AI Web3 initiatives with 10,000 Nvidia GPUs
Qtum Foundation is bringing online 10,000 GPUs to power its new blockchain AI ecosystem.VentureBeat - Tech -
Netflix Password Crackdown Delivers Millions of New Customers
The streaming giant said it would continue to diversify its slate and product features as it added 9.33 million subscribers in the first quarter.The Wall Street Journal - Business - Netflix -
Levi Strauss Is Stretching Beyond Wholesale in Search for New Customers
Levi Strauss is leaning into its stand-alone stores to glean insight into shifting consumer tastes, its latest effort to expand beyond its image as a jeans maker. Now, it is working to keep the momentum goingThe Wall Street Journal - World -
Levi Strauss Is Stretching Beyond Wholesale in Search for New Customers
Levi Strauss is leaning into its stand-alone stores to glean insight into shifting consumer tastes, its latest effort to expand beyond its image as a jeans maker. Now, it is working to keep the momentum goingThe Wall Street Journal - World -
Perplexity AI Just Announced Its First B2B Product, and NVIDIA Is Already Using It
Other early adopters of Perplexity Enterprise Pro include Arianna Huffington's Thrive Global and the Cleveland Cavaliers.Inc. - Business -
Groq’s breakthrough AI chip achieves blistering 800 tokens per second on Meta’s LLaMA 3
Groq Inc's AI chip delivers blistering 800 tokens/sec inference on Meta's LLaMA 3 model, potentially reshaping the landscape of AI hardware.VentureBeat - Tech -
Llama 3 launches alongside new stand-alone Meta AI chatbot
The company says it will publish a detailed paper on Llama 3's training process once it completes the 400B version.VentureBeat - Tech -
AI Developers Agree to New Safety Measures to Fight Child Exploitation
OpenAI, Meta, Google and others say they will work to throttle the creation of sexualized images of children.The Wall Street Journal - World -
AI Developers Agree to New Safety Measures to Fight Child Exploitation
OpenAI, Meta, Google and others say they will work to throttle the creation of sexualized images of children.The Wall Street Journal - Tech -
Meta Releases Latest AI Model, Seeking to Build Out Rival to ChatGPT
The social-media company is unveiling Llama 3, a follow-up to its large language model that will be available to the public.The Wall Street Journal - Tech -
Exclusive: Powerful new AI model accurately converts speech to text, even your company’s jargon
AdaKWS from aiOla achieves remarkable 94.6% accuracy in keyword spotting generally, outperforming OpenAI’s widely acclaimed Whisper at 88.4%.VentureBeat - Tech -
OpenAI shrugs off Meta’s Llama 3 ascent with new enterprise AI features
OpenAI, is shrugging off the rise of nearly equally powered open source rivals by introducing new enterprise-grade features.VentureBeat - Tech -
William Shatner faces backlash for using AI art cover on new music album
He may not be playing Captain Kirk anymore, but Shatner clearly retains some of Kirk's unflinching and combative spirit.VentureBeat - Tech -
Heat-Related ER Visits Rose in 2023, CDC Study Finds
As record heat enveloped the nation, the rate of emergency room visits increased compared with the previous five years, a sign of the major health risks of high temperatures.The New York Times - Health -
2 Pakistani customs officials killed and 3 wounded in an attack in the northwest
Police in Pakistan say gunmen opened fire at Pakistani customs officials, killing two and wounding three others in the country’s restive northwestABC News - World -
She Painted a Few Champagne Bottles. Then Came Meta’s Customer Support Hell
A fashion influencer’s struggles to unblock her Instagram account highlight a long-standing problem with Meta’s lackluster customer service. Users and regulators say the company must step up.Wired - Tech -
Don’t overweight the megacap tech giants like Nvidia and Apple, says UBS
UBS cut its rating on what it calls the Big Six — that’s the Magnificent Seven minus struggling Tesla — to neutral from overweight.MarketWatch - Business -
Nvidia’s sharp stock selloff sparks this analyst’s call to buy the dip
Following the worst daily drop for Nvidia shares in over four years, one analyst advises that investors buy the dip.MarketWatch - Business -
RFK Jr.'s blockchain budget
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story RFK Jr. wants a ‘budget on blockchain’ Independent presidential candidate Robert F. Kennedy Jr. said he wants to put the “budget on ...The Hill - Politics -
Samsung Electronics Gets $6.4 Billion for Texas Chip Plants
The expansion includes a second factory, an advanced chip-packaging facility and research-and-development capabilities.The Wall Street Journal - Tech -
Gina Raimondo says 'we've out-innovated China' amid chips war
Commerce Secretary Gina Raimondo proudly held up the progress of American industry on semiconductor manufacturing Sunday, declaring that the U.S. has “out-innovated” China as the two nations fight to advance their domestic technology ...The Hill - Politics - China -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
AirPods, Rolex watches, Louis Vuitton bags: A company selling lost luggage items attracts worldwide fans
Unclaimed Baggage buys and sells items lost on airplanes and in hotels. A new report details the priciest and most fascinating finds in its 54-year history.CNBC - Business -
Global military spending hit all-time high in 2023 after 7% jump, report finds
Global military spending reached a fresh record high in 2023, totaling $2.4 trillion, a report by the Stockholm International Peace Research Institute said.CNBC - Business -
Eurozone Bond Yields Could Rise If PMI Data Beat Forecasts
French, German and eurozone PMIs matching or beating consensus views could be sufficient in the current environment to push bond yields through resistance levels, both at the front and at the long end of the curve, KBC said.The Wall Street Journal - World -
Warner Bros. Discovery CEO David Zaslav made nearly $50 million in 2023
David Zaslav, the media executive who heads Warner Bros. Discovery, made almost $50 million in 2023, per recent financial disclosures from the publicly traded company. Zaslav's base salary was $3 million last year, but he made more than $47 ...The Hill - Politics -
Amazon’s New Drone Delivery Push Seeks to Soar Beyond Past Woes
The giant retailer's recurring aerial delivery failures are a sharp contrast to its wider dominance and success. Management hopes the new Arizona pilot project will propel the company to success.Inc. - Business - Amazon -
2024’s remarkably, stubbornly stable race — for now
The Biden-Trump contest has been remarkably stable — and remarkably competitive — with what movement there's been coming within the margin of error.NBC News - Top stories -
2024’s remarkably, stubbornly stable race — for now
The Biden-Trump contest has been remarkably stable — and remarkably competitive — with what movement there's been coming within the margin of error.NBC News - Politics -
S&P 500 Climbs With Tesla Earnings in the Spotlight
Stocks were making gains after a slew of household names released earnings.The Wall Street Journal - World - Tesla -
Swedish customs seize around 1.4 tons of cocaine in one of the country's largest-ever drug busts
A Swedish customs official has told local media the group made one of the country’s biggest-ever cocaine seizures after confiscating around 1.4 tons of the drug last week in a port near StockholmABC News - World -
Why S&P 500’s ‘roller coaster’ Monday may bode well for stocks, according to Bespoke
U.S. stocks resembled a “roller coaster” on Monday with a pattern of swings that frequently has followed a market low, as the S&P 500 tries to recover from April’s slump, according to Bespoke Investment Group.MarketWatch - Business -
China is still years behind the U.S. despite Huawei's breakthrough chips, Raimondo tells '60 Minutes'
Commerce Secretary Gina Raimondo downplayed China-based Huawei Technologies' latest microchip breakthrough, arguing that the U.S. remains years ahead.CNBC - Business - China -
India is a key chip design market, Qualcomm says, as Modi makes semiconductor push
Qualcomm is already designing chips in India, Qualcomm India's president Savi Soin said in an exclusive interview.CNBC - Business - India