Nvidia Thanks to Ai the Chips Are Up for Ceo Jensen Huang
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Amazon CEO Andy Jassy in shareholder letter says he's committed to cost cutting while investing in AI
Andy Jassy pledged to keep looking for ways to cut costs even as the company doubles down on investing in new growth areas like artificial intelligence.CNBC - Business -
Why Amazon CEO Andy Jassy says the company is especially suited to win in AI
It’s no surprise that AI got prominent mention in Amazon CEO Andy Jassy’s lengthy annual shareholder letter.MarketWatch - Business -
AI startup Stability lays off 10% of staff after controversial CEO's exit: Read the full memo
Stability AI laid off several employees to "right-size" the business after a period of unsustainable growth, according to an internal memo obtained by CNBC.CNBC - Business -
TSMC posts fastest monthly revenue growth since 2022 on AI chip boom
TSMC posted a surge in revenue in March as it cashes in on a continuing artificial intelligence boom powered by high-end chips.CNBC - Business -
The Morning Risk Report
Morgan Stanley’s wealth arm probed by multiple federal regulators, and the U.S. foreign investment watchdog to gain new powers under administration proposal. Also, Boeing reveals executives got an extra $500,000 in private jet perks.The Wall Street Journal - World -
WTO Sees Signs of Trade Revival, But Risks From Fragmentation
World trade was seen rebounding this year and next as cooling inflation eases pressure on household budgets, but the recovery may be weakened by growing distrust and fresh barriers between some large economies.The Wall Street Journal - World -
Brazil Judge Wrangling With Elon Musk Has Long Battled Social Media
Alexandre de Moraes is also at the heart of the Brazilian Supreme Court’s case against former leader Jair Bolsonaro.The Wall Street Journal - World - Elon Musk -
Biggest Gains in Employee Engagement in the Management Top 250
ON Semiconductor heads the list, followed by S&P Global and KBRThe Wall Street Journal - World -
Bank of Canada Holds Steady, but Says June Rate Cut Is Possible
The Bank of Canada left its benchmark interest rate unchanged for a sixth consecutive time at 5%, and said a cut in June is possible so long as incoming data assures officials that downward momentum in inflation is sustainable.The Wall Street Journal - World -
TSMC profits rise on AI boom, but company lowers industry sales outlook
The Taiwanese chipmaker beat analysts’ forecasts following a surge in demand for its most advanced 3nm chipsMarketWatch - Business -
TSMC beats first-quarter revenue and profit expectations on strong AI chip demand
TSMC is the world's largest producer of advanced processors and counts companies such as Nvidia and Apple as its clients.CNBC - Business -
AI race heats up as OpenAI, Google and Mistral release new models
Launches within 12 hours of one another, and more activity expected in industry over summer. OpenAI, Google, and the French artificial intelligence startup Mistral have all released new versions of their frontier AI models within 12 hours of one ...The Guardian - World - Google -
Andreessen Horowitz raises $7.2bn and sets sights on AI start-ups
Silicon Valley venture capital group hauls in one of the largest funds since downturn in tech sectorFinancial Times - Business -
Meta unveils less ‘sanctimonious’ AI model as tech rivalry heats up
Facebook parent claims new Llama 3 takes a fresh step towards human-level intelligenceFinancial Times - Business - Meta -
Meta's newest AI model beats some peers. But its amped-up AI agents are confusing Facebook users
Generative AI is advancing so quickly that the latest chatbots available today could be out of date tomorrowABC News - Tech - Artificial Intelligence -
The Biden administration granted Samsung up to $6.4 billion to build chip-making facilities in Texas, another subsidy aimed at reviving semiconductor production in the U.S.
The Biden administration granted Samsung up to $6.4 billion to build chip-making facilities in Texas, another subsidy aimed at reviving semiconductor production in the U.S.The Wall Street Journal - World - Joe Biden -
Anger grows over TV host Mickey Huang's child abuse images charge
The presenter was fined for possessing indecent images of children - but will avoid prosecution for now.Yahoo Sports - Sports -
Microsoft Ups Ante in AI Race With China Through Stake in Abu Dhabi Firm
The $1.5 billion deal between the U.S. tech firm and Abu Dhabi-based G42 signals a pivot for the Gulf state toward WashingtonThe Wall Street Journal - World - China -
Microsoft Ups Ante in AI Race With China Through Stake in Abu Dhabi Firm
The $1.5 billion deal between the U.S. tech firm and Abu Dhabi-based G42 signals a pivot for the Gulf state toward WashingtonThe Wall Street Journal - Tech - China -
'Push Ups' — by Drake? — sparks AI speculation as more players join diss-track drama
'Push Ups,' a diss track that might be from Drake and is definitely aimed at Kendrick Lamar, Metro Boomin and other musicians, sends rap fans into a frenzy.Los Angeles Times - Entertainment -
Farewell, and Thanks, to a Man Who Kept Kids Safe
When they lost their beloved crossing guard, the students at Avenues The World School — Spider-Man, Wilder, Miss Seattle and the rest — paid tribute in cocoa and chalk.The New York Times - Top stories -
Kraft should be thanking Belichick, not sabotaging him
The former Patriots coach is not owed a new job, but the least he could ask for is loyalty from Kraft, a guy he helped make richer and more famous.Yahoo Sports - Sports -
A Chip Fab BusinessGrows in Brooklyn
In a retrofitted building in the Brooklyn Navy Yard, once a hub of New York City shipbuilding, startup Nanotronics is developing plans for next-generation chip manufacturing facilities.The Wall Street Journal - World -
Biden's bet on Texas chips
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Biden admin gives billions to Samsung for Texas chip plant The Biden administration announced Monday a multibillion-dollar agreement with Samsung, which will ...The Hill - Politics - Joe Biden -
Fortune Names Anastasia Nyrkovskaya as CEO
Anastasia Nyrkovskaya, who was the chief financial officer and chief strategy officer, is the first woman to run the company.The New York Times - Business