Nvidia CEO Jensen Huang attributes the company’s success in the artificial intelligence chip market to a strategic bet made over a decade ago. This bet involved significant investment in AI technology, totaling billions of dollars, as well as the recruitment of a team of thousands of engineers dedicated to advancing AI capabilities. During Nvidia’s recent
Enterprise
Despite Tesla’s reputation for innovation and cutting-edge technology, the company has been facing ongoing challenges with its Cybertruck model. Recently, two more recalls have been issued for the Cybertruck pickups in the U.S, marking the third and fourth recalls for this particular vehicle. These recalls involve physical repairs that require customers to book appointments with
The European Union regulators have recently accused Apple of violating new tech regulations that prohibit the restriction of customers from using alternative platforms within the App Store. In their preliminary findings, the European Commission stated that Apple’s App Store rules hinder app developers from freely directing consumers to alternative channels for offers and content. This
In a recent development, China has called upon the European Union to reverse its decision to impose provisional tariffs on Chinese electric vehicles. The dispute arose in the wake of an anti-subsidy investigation launched by the EU into Chinese EVs, leading to the imposition of duties of up to 38.1% on imported vehicles. This move
As of the end of 2023, Apple, Microsoft, Amazon, and Google stood as the leading global brands, dominating the market with their valuable presence. However, a surprising name emerged as a fierce contender in the race for market cap dominance – Nvidia. With a staggering valuation of $3.1 trillion (briefly reaching $3.3 trillion), Nvidia soared
Apple made a surprising announcement on Friday regarding the delayed release of several new features in the European Union. Among these features is the highly anticipated “Apple Intelligence” AI product. The reason cited for this delay is the “regulatory uncertainties” stemming from the EU’s Digital Markets Act anti-trust regulation. This decision raises questions about how
The future of artificial intelligence seems to be rapidly approaching, with Masayoshi Son, CEO of SoftBank, predicting that a new era of super intelligence is on the horizon. Son’s vision includes the development of artificial super intelligence (ASI), which he believes will be 10,000 times smarter than any human genius. This astounding revelation challenges the
The competition in the field of artificial intelligence has been heating up recently with the announcement of Anthropic’s latest model, Claude 3.5 Sonnet. As one of the many chatbots that have gained popularity in the past year, Claude is now being touted as the most powerful AI model released by Anthropic so far. With heavyweights
Elon Musk found himself under scrutiny when he lashed out at advertisers considering pulling their ads from his X social media platform. Speaking at the Cannes Lions advertising festival in France, Musk clarified his previous comments by stating that his intention was to defend free speech rather than target the advertising industry as a whole.
Apple has been under scrutiny by the European Commission due to a number of “very serious” issues related to the Digital Markets Act (DMA) that aims to regulate Big Tech companies. The EU’s competition chief, Margrethe Vestager, highlighted that the investigation into Apple, along with Alphabet and Meta, raised concerns about anti-competitive behavior. One of
The burgeoning demand for cloud computing and artificial intelligence has propelled Malaysia onto the global data center stage. In recent years, the country has become a magnet for investments from tech giants such as Google, Nvidia, and Microsoft. The city of Johor Bahru, situated on the border with Singapore, has emerged as a focal point
The introduction of bitcoin exchange traded funds has been a highly anticipated event in the financial world, with significant implications for investors and financial advisors alike. According to BlackRock’s Samara Cohen, the adoption of these ETFs by financial advisors is happening gradually, with self-directed investors leading the way in terms of purchases. Investor Behavior Currently,
Elon Musk, the visionary CEO of Tesla, made bold claims at the 2024 annual shareholder meeting about the potential impact of Optimus humanoid robots on the future of the company. Despite his track record of ambitious promises, Musk’s vision for the future of Tesla is centered around advancements in robotics, artificial intelligence, and autonomous driving.
The recent announcement by the European Union to impose higher tariffs of up to 38% on Chinese electric vehicles (EVs) has created a ripple effect in the market. Following this news, shares of Chinese EV makers experienced a surge in value, with Hong Kong’s Hang Seng index seeing a notable increase of 1.23% at the