Nvidia, a leading graphics processing unit (GPU) manufacturer, is poised to reap the benefits of the growing interest in generative artificial intelligence (AI) by companies. The recent surge in Nvidia shares, closing up over 7% on Monday, highlights investor confidence in the company’s GPUs as the dominant computer chips for powering large language models that
Enterprise
In a significant turn of events, Sam Bankman-Fried, the founder of FTX, has been denied bail by Judge Lewis Kaplan. Federal prosecutors had requested the revocation of Bankman-Fried’s bail over allegations of witness tampering, and the judge sided with their argument. As a result, Bankman-Fried is set to be remanded to custody immediately and will
There have been talks of a potential partnership between Disney’s ESPN and the four major U.S. professional sports leagues. While Disney’s interest in taking an equity stake in ESPN is clear, the reasons why the leagues would agree to such a deal are not yet known. The National Basketball Association (NBA) and Major League Baseball
Roblox, the popular online gaming platform, experienced a significant drop in its stock price, closing down over 21% after reporting its second-quarter results. The company’s financial performance fell short of analysts’ expectations, causing concern among investors. In this article, we will critically analyze Roblox’s second-quarter results, exploring the reasons behind the disappointing figures and examining
Apple’s latest operating system, iOS 17, is set to introduce one of the most significant transformations to the iPhone’s phone app in recent years. With a revamped user interface, real-time voicemail transcriptions, and added customization options, iOS 17 aims to enhance the overall user experience. The Move of the “End Call” Button One notable change
Paramount Global has announced the sale of its book publisher, Simon & Schuster, to private equity firm KKR for a sum of $1.62 billion. This move comes after the media company’s previous agreement with Penguin Random House fell through due to concerns raised by a federal judge. In addition to the sale, Paramount has been
Tesla CEO Elon Musk recently revealed that he may require surgery and is planning to undergo an MRI on his neck and upper back. This announcement was made on X, the popular social media platform formerly known as Twitter. Musk, who holds senior leadership positions not only at Tesla but also at X, SpaceX, and
Social network Twitter, now known as X, has recently stirred controversy after commanding the handle “@music” from open-source software developer Jeremy Vaught. Vaught, who had been using the account since 2007 and garnered a community of over half a million followers, was left with no choice but to surrender the coveted username. However, X did
In a recent Threads post, Meta CEO Mark Zuckerberg announced that several new features will soon be implemented in the Twitter-like app. These updates include the long-awaited search function and the ability to access Threads via the web. While Zuckerberg remains optimistic about the app’s potential, there are several challenges that Meta will need to
The Chinese electric vehicle (EV) market has emerged as a dominant force in the global automotive industry, with China accounting for 59% of EVs sold worldwide in 2022. While domestic brands currently command an 81% market share, global manufacturers are stepping up their efforts to capture a larger piece of this lucrative market. By leveraging