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Nvidia and Georgia Tech announce first AI supercomputer for students
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Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.CNBC - Business -
With AI, It's Trickier to Find the Right Tech Talent
Half of business leaders anticipate both layoffs and hiring over the next six months as they strive to build a "more AI savvy" workforce, according to a new report.Inc. - Business -
Meta unveils less ‘sanctimonious’ AI model as tech rivalry heats up
Facebook parent claims Llama 3 takes a fresh step towards human-level intelligenceFinancial Times - Business - Meta -
OpenAI's Sam Altman and Other Tech Leaders to Serve on AI Safety Board
The panel will advise the Department of Homeland Security on deploying artificial intelligence safely within America’s critical infrastructure.The Wall Street Journal - Tech -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
OpenAI's Sam Altman and Other Tech Leaders to Serve on AI Safety Board
The panel will advise the Department of Homeland Security on deploying artificial intelligence safely within America’s critical infrastructure.The Wall Street Journal - Tech -
Nvidia to purchase Run:ai for $700M, further asserting its dominance in the AI stack
Nvidia plans to acquire Run:ai, a Kubernetes-based software provider that helps optimize AI apps and workloads on GPUs.VentureBeat - Tech -
Nvidia stands to benefit as Meta spurs an even greater AI spending spree
Nvidia is among a number of companies expected to benefit from Meta’s loftier capital-expense budget.MarketWatch - Business -
How Nvidia CEO Jensen Huang turned his company into a titan of AI
Nvidia changed the world of video game graphics. Now CEO Jensen Huang is focused on developing technology for the age of AI.CBS News - Top stories -
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Microsoft has reported that its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productiveABC News - Tech - Microsoft
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Morgan Stanley banker sees 10 to 15 more tech IPOs in 2024, and a 'better year' in 2025
Morgan Stanley, which led the Reddit and Astera Labs IPOs, expects 10 to 15 more tech offerings this year and a "better year" in 2025.CNBC - Business -
DJT: Why Trump Media shares closed more than 12% higher
Trump Media, trading under the DJT ticker, has more than doubled in share price during the criminal trial of majority shareholder Donald Trump.CNBC - Business - Donald Trump -
Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China
Shares of Tesla rose sharply after the company passed a significant milestone to roll out its advanced driver-assistance technology in China.CNBC - Business - China -
Family offices are looking beyond the stock market for higher returns, new report finds
Unlike stocks, alternatives such as private equity and private companies have more gradual valuation changes, smoothing out volatility.CNBC - Business -
Bonds offer income and some volatility protection. Pick out the right bond fund for your portfolio
Having a diversified portfolio means you should have some of your money in bonds. Here's what to knowCNBC - Business