Nvidia’s Financial Report Shatters Expectations: Profits Soar 265%, Net Income Skyrockets by 769%
Nvidia has emerged as a front-runner in the tech industry’s artificial intelligence (AI) boom, as reflected in their fiscal fourth-quarter results. The company reported profits and sales that exceeded Wall Street forecasts, sending Nvidia shares soaring by...
SoftBank’s Grand Ambition: Izanagi Seeks $100 Billion for AI Chip Domination
SoftBank Group’s visionary founder, Masayoshi Son, is scaling new heights in his quest for technological dominance. According to a recent Bloomberg report, Son is actively seeking a staggering $100 billion in funding for his latest venture, codenamed Izanagi, poised to...
Jeff Bezos Unloads $2 Billion in Amazon Stock for the Third Time in February
Amazon founder Jeff Bezos has made his third substantial sell-off of Amazon stock this month, raking in a staggering $2.03 billion, according to reports. This comes as Amazon’s total sales for February have already hit an impressive $6 billion.
Unprecedented...
Google unveils Gemini 1.5 artificial intelligence model
Shortly after the launch of Gemini, Google’s ambitious language model, the tech giant is already taking a leap forward with the introduction of Gemini 1.5. This upgraded version is being positioned as a versatile business tool, a personal assistant, and everything in...
U.S. Patent Office bans AI inventions: Human input is critical
The U.S. Patent and Trademark Office (USPTO) has declared that artificial intelligence (AI) systems cannot be named as inventors in patent applications. The agency recently released comprehensive guidelines after soliciting public feedback, outlining the role of AI in the...
Apple Vision Pro: Tim Cook’s Visionary Launch and Reviews Unveiled
Tim Cook on headset launch day: “Apple Vision Pro costs $3,500 because it’s the technology of the future, the iPhone introduced us to the mobile computer”
On the day of the launch of the Vision Pro headset, Apple CEO Tim Cook spoke to ABC reporters in...
Tesla’s incredible profits from competitors’ internal combustion engine cars
Tesla, renowned for its exclusive focus on Battery Electric Vehicles (BEVs), has amassed a whopping $9 billion in revenue since 2009 by aiding competitors in selling internal combustion engine (ICE) cars. The company’s unique venture into the realm of regulatory...
AI Industry in Turmoil: $190 Billion Wiped Out as Google and Microsoft Stumble
Google’s Alphabet Faces Investor Wrath
Alphabet, the parent company of Google, witnessed a 5.6% drop in its shares as Google’s December ad revenue failed to meet investor expectations. Despite a respectable quarterly ad revenue of $9.2 billion, marking a 15%...
Stellantis revolutionizes the driving experience: Peugeot cars will communicate with drivers using ChatGPT
In a groundbreaking move, the renowned French carmaker Peugeot, under the Stellantis umbrella, has announced its strategic integration of ChatGPT to enhance the voice assistant capabilities in its vehicles. This revelation positions Peugeot alongside industry giants...
Samsung Dethroned: Intel Surpasses as World’s Largest Semiconductor Chip Maker; NVIDIA Rockets to Third Place
Samsung has lost its coveted title as the world’s largest chip maker. The latest data from Counterpoint Research reveals a staggering 38% drop in Samsung Electronics’ chip division revenue, plummeting from $70.2 billion in 2022 to $43.4 billion in 2023. This...
