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Booz Allen and Palantir Partner To Drive US Defense Operations
Friday, December 6, 2024 - 1:18pm | 551On Friday, Booz Allen Hamilton Holding Corp (NYSE:BAH) and Palantir Technologies Inc (NASDAQ:PLTR) collaborated to accelerate defense mission innovation. The partnership focuses on driving transformational information infrastructure modernization and accelerating integrated warfighting...
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Uber And WeRide Partner For Robotaxi Service In Abu Dhabi
Friday, December 6, 2024 - 9:46am | 624On Friday, U.S. ride-hailing giant Uber Technologies, Inc. (NYSE:UBER) and Chinese Robotaxi company WeRide Inc. (NASDAQ:WRD) announced the launch of their ride-hailing partnership in Abu Dhabi. The launch represents the first time autonomous vehicles (AVs) are available on the Uber...
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Intel Interim Co-Chief Expects CEO To Have Foundry Background, Stands By Forecast
Thursday, December 5, 2024 - 12:11pm | 617Intel Corp (NASDAQ:INTC) interim co-CEO David Zinsner said he expects the next chief to have manufacturing and product expertise Reuters cites from the UBS technology conference on Wednesday. Zinsner’s comments came after CEO Pat Gelsinger quit on Monday, failing to impress the board with his...
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Amazon Takes On Nvidia With Cheaper AI Supercomputers, Servers
Wednesday, December 4, 2024 - 10:50am | 509On Tuesday, Amazon.com Inc‘s (NASDAQ:AMZN) cloud unit showcased fresh data center servers embedded with its artificial intelligence (AI) chips at the company’s Re:Invent event. The new servers, dubbed Trn2 UltraServers, will target Nvidia Corp’s (NASDAQ:NVDA) flagship server,...
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Amazon And Walmart Dominate Black Friday As Online Sales Soar 14.6%
Monday, December 2, 2024 - 9:24am | 689Black Friday sales in the U.S. revealed contrasting trends between in-store and online shopping, highlighting consumers’ preference for digital platforms. While brick-and-mortar stores saw muted growth of just 0.7% year-over-year, online sales surged by 14.6%, according to Mastercard...
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Baidu Takes on Tesla, Secures License To Test Self-Driving Tech in Hong Kong
Monday, December 2, 2024 - 8:13am | 577On Saturday, Baidu, Inc (NASDAQ:BIDU) obtained a Hong Kong license to test autonomous vehicles in the city. This is the government’s first pilot license since the launch of new legislation in March 2024. The license, valid from December 9, 2024, to December 8, 2029, permits only one...
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Taiwan Semiconductor Ramps Up 2nm Production: Apple And AMD First In Line
Wednesday, November 27, 2024 - 7:23am | 545Taiwan Semiconductor Manufacturing Co (NYSE:TSM) has accelerated progress on its advanced 2-nanometer fab in Kaohsiung. The company held an equipment installation ceremony six months before schedule, reflecting its efforts to meet the global demand for advanced chips. Kaohsiung Mayor Chen Chi-mai...
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AMD Teams Up With Taiwan Semi To Take On Samsung In Smartphone Market
Monday, November 25, 2024 - 12:25pm | 630Advanced Micro Devices Inc (NASDAQ:AMD) reportedly plans to enter the mobile device market with new accelerated processing unit (APU) chips designed for smartphones. The chips will leverage Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) 3nm process, extending Taiwan Semiconductor’s...
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Sony Eyes Portable Gaming Market With New Handheld Console In Development
Monday, November 25, 2024 - 9:01am | 752Sony Group Corp (NYSE:SONY) is reportedly developing a new handheld gaming console designed to compete in the growing portable gaming market. The device, which aims to offer native gameplay for PlayStation 5 titles, is still in its early stages and may take years before hitting the market, the...
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Amazon's AI Chip Strategy Targets Nvidia's Dominance In Data Centers
Monday, November 25, 2024 - 6:53am | 685Amazon.com Inc (NASDAQ:AMZN) is ramping up efforts to challenge Nvidia Corp (NASDAQ:NVDA) in the artificial intelligence (AI) chip market, worth over $100 billion. From a bustling engineering lab in Austin, Texas, Amazon’s engineers are pushing to market its latest AI chip, Trainium 2, as...
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Disney Takes on Netflix With High-Impact Originals in Asia
Friday, November 22, 2024 - 9:30am | 566Walt Disney Co (NYSE:DIS) is ramping up its efforts to capture a larger share of the Asian streaming market by investing in original Japanese anime and expanding its Korean superhero franchise. The company’s strategic pivot aims to focus on quality over quantity in key Asian markets,...
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Nvidia's Collaboration with Google AI Advances Next-Gen Quantum Hardware
Tuesday, November 19, 2024 - 1:46pm | 752On Monday, Nvidia Corp (NASDAQ:NVDA) announced it partnered with Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Quantum AI to accelerate the development of next-generation quantum computing devices. Using Nvidia’s CUDA-Q platform and the Eos supercomputer, Google is advancing simulations to...
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Nvidia Reveals 3.6% Stake In Applied Digital, Stock Soars
Friday, November 15, 2024 - 3:01pm | 744Applied Digital Corp (NASDAQ:APLD) stock is trading higher Friday as Nvidia Corp (NASDAQ:NVDA) gained exposure to the stock. Nvidia’s 13F fling shows it purchased 7.72 million Applied Digital shares worth $63.66 million as of September 30, 2024, which translates into close to a 3.6% stake in...
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Nvidia Powers Tesla's Humanoid Robots With New AI Tech: Here's What To Expect In 2025
Thursday, November 14, 2024 - 2:37pm | 735Nvidia Corp (NASDAQ:NVDA) is preparing to launch its latest technology for humanoid robots in the first half of 2025 as part of its strategy to enter the fast-evolving robotics industry. The company aims to establish a strong foothold by offering advanced computing solutions tailored for AI-driven...
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Salesforce CEO Marc Benioff Bets Big on Billion Bots
Thursday, November 14, 2024 - 12:17pm | 704Salesforce Inc. (NYSE:CRM) is aggressively embracing AI in enterprise software. CEO Marc Benioff is positioning the company’s AI agents as the industry’s next significant evolution. The company plans to deploy software bots that can handle various tasks autonomously, aiming to...