How Samsung fell behind in the AI boom leading to a $126 billion wipeout

Samsung Electronics has fallen behind long-time rival SK Hynix in the area of high-bandwith memory.

Business - CNBC - 6 hours ago

How Intel Got Left Behind in the A.I. Chip Boom

Intel was for decades Silicon Valley’s dominant chip company. But missed opportunities and poor execution left it on the sidelines in tech’s latest gold rush.

Business - The New York Times - October 24

How Arm could be the unexpected winner of the AI investment boom

Shares in the British chip designer, which is controlled by SoftBank, have trebled in price over the past year. But its ambitions go much further

Business - Financial Times - October 30

How the tiny Caribbean island of Anguilla has turned the AI boom into a digital gold mine

The artificial intelligence boom is providing an unusual windfall for Anguilla, a tiny island in the Caribbean

Tech - ABC News - October 15

George, Collins lead the Jazz to 1st win, 135-126 over the Bulls

Keyonte George had 33 points and nine assists, John Collins added 28 points and 13 rebounds and the Utah Jazz won for the first time this season, beating the Chicago Bulls 135-126 on Monday night

Sports - ABC News - 3 days ago

Samsung falls short of expectations as chipmaker fails to reap AI benefits

Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK Hynix

World - Financial Times - October 31

Samsung Sees Progress in Memory Chips for AI After Delays

The South Korean tech giant reported better-than-expected net profit but earnings in its core semiconductor business shrank sharply.

Tech - The Wall Street Journal - October 31

Samsung reports 'major' progress in supply deal for AI chips

Samsung Electronics has reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the ...

World - ABC News - October 31

Anguilla’s .ai Web Address Makes the Tiny Island Money in the AI Boom

Registrations from artificial intelligence company websites let the Caribbean territory tap a rich vein of revenue from a digital gold mine.

Business - Inc. - October 16

Jalen Johnson's 29 points lead the Hawks past the depleted Pelicans, 126-111

Jalen Johnson scored 29 points and the Atlanta Hawks snapped a four-game skid with a 126-111 victory over the short-handed New Orleans Pelicans

Sports - ABC News - 4 days ago

How a Year of Rain Flooded Spain in Eight Hours

The region is no stranger to storms like those that caused this week’s deluges. But global warming helps them pack a bigger punch, scientists said.

World - The New York Times - 6 days ago

Big Tech turns to nuclear energy to power AI boom

Major technology companies are increasingly turning to nuclear energy as they attempt to keep up with the vast energy demands of artificial intelligence (AI) without derailing their highly ...

Politics - The Hill - October 16

TSMC profits jump 54% on back of AI chip boom

World’s biggest chipmaker says demand has recovered across all segments despite fears of industry slump

Business - Financial Times - October 17

AI Boom Is Real---and Really Profitable---Says Chip Maker TSMC

The world’s largest contract chip maker says revenue from AI-related products is expected to triple this year.

Business - The Wall Street Journal - October 17

Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares

Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earnings

Business - Financial Times - October 31

Why China's Solar Boom Is a Bust for Its Leading Players

Shielded by tariffs and fostered by subsidies, a solar panel commands triple the price in the U.S. compared with China and Europe, but expanding in America has become trickier.

World - The Wall Street Journal - 3 days ago

States take leading role on AI

The Hill's weekly technology news digest. {beacon} Friday, November 1, 2024 LEADING THE DAY States take leading role on AI as Washington lags Image © Getty Images State lawmakers across the ...

Politics - The Hill - 6 days ago

How to Navigate the AI Minefield

Watch out for these three AI concerns: ethics, legal and cybersecurity

Business - Inc. - 4 days ago

Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand

TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.

Business - CNBC - October 18

Nvidia’s stock sets one record but falls short of another

While TSMC issued upbeat commentary on the state of the AI market, Wall Street perhaps already had that confidence.

Business - MarketWatch - October 17

Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

Revenue for the third quarter grew about 94% year-on-year.

Business - CNBC - October 24

AI boom thrusts Europe between power-hungry data centers and environmental goals

The growth in demand for AI could come at a cost to Europe's decarbonization goals as the specialized chips used by firms like Nvidia are expected to result in a rise in energy use of already ...

Business - CNBC - October 29

We're hiking our price target on an industrial whose earnings benefit from AI data center boom

Given Eaton stock's year-to-date outperformance, it's not too surprising to see some profit taking on the mixed print.

Business - CNBC - October 31

The Doctor Behind the ‘Suicide Pod’ Wants AI to Assist at the End of Life

The death of an American woman inside Philip Nitschke’s latest invention reveals the next frontier in the right-to-die debate.

Tech - Wired - October 15

ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth

American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.

Business - CNBC - October 14

Treasury Department now using AI to save taxpayers billions

The latest benefit from the artificial intelligence revolution: saving American taxpayers billions of dollars.

Treasury Department uses AI to recover $1 billion in fraud

The Treasury Department is taking advantage of artificial intelligence (AI) to prevent or recover check fraud and stopped more than $1 billion in fraudulent payments over the past year, the agency ...

Politics - The Hill - October 17

Perplexity AI Hopes to Double Its Valuation to $8 Billion

The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.

Business - Inc. - October 20

Perplexity AI seeks valuation of about $9 billion in new funding round

Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.

Business - CNBC - October 21

ServiceNow flirts with $200 billion market cap as AI momentum draws cheers

ServiceNow’s stock is on track for a record close Thursday following an upbeat earnings report.

Business - MarketWatch - October 24

Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.

Business - CNBC - October 28

Wall Street Giants to Make $50 Billion Bet on AI and Power Projects

KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.

Tech - The Wall Street Journal - October 30

Super Micro's $50 billion stock collapse underscores risk of AI hype

Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.

Business - CNBC - October 31

Super Micro's $50 billion stock collapse underscores risk of AI hype

In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains.

AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round

The artificial intelligence search company is raising $500 million in its fourth funding round this year.

Tech - The Wall Street Journal - 2 days ago

How to Deal With AI Job Applications

The use of AI by job seekers has increased recently–a symptom of a broken recruiting system. Is there hope that the job search and hiring process will get any better?

Business - Inc. - October 14

Steve and Connie Ballmer on Ballmer Group

In a 60 Minutes interview, former Microsoft CEO and LA Clippers owner Steve Ballmer and his wife Connie share their vision for philanthropy and address whether they'd ever be in the market for ...

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