The CEO of Softbank says Nvidia stock is undervalued despite its huge valuation. Maysoshi Son predicts AI spending will boost Nvidia’s chip business significantly over the next decade. Son envisions artificial… Article Source https://markets.businessinsider.com/news/stocks/nvidia-stock-undervalued-9-trillion-ai-spend-masayoshi-son-softbank-2024-10
Market research firm Counterpoint today revealed that global smartphone sales rose 2 percent year-on-year in the third quarter of 2024. That’s notable because it was the first time since 2018 that growth was recorded in the third quarter of a… Article Source https://www.phonearena.com/news/Pixel-9-helps-Google-achieve-a-new-sales-record_id163868
Moving to accelerate enterprise AI innovation, NVIDIA founder and CEO Jensen Huang joined Lenovo CEO Yuanqing Yang on stage Tuesday during the keynote at Lenovo Tech World 2024. Together, they introduced the Lenovo Hybrid AI Advantage with… Article Source https://blogs.nvidia.com/blog/nvidia-lenovo-tech-world/
I have been a senior business analyst in marketing operations and brand automation at Red Hat for over 17 years. In that time, I have… Article Source https://blog.adobe.com/en/publish/2024/10/11/how-adobe-express-helped-red-hat-marketing-ibm-company-achieve-10x-time-savings
Large enterprises are building strategies to harness the power of generative artificial intelligence (AI) across their organizations. However, scaling up generative AI and making adoption easier for different lines of businesses (LOBs)… Article Source https://aws.amazon.com/blogs/machine-learning/achieve-operational-excellence-with-well-architected-generative-ai-solutions-using-amazon-bedrock/
Amazon SageMaker has introduced a new inference optimization toolkit to enhance the performance of generative AI models. This toolkit offers various optimization techniques such as speculative decoding, quantization, and compilation, which can lead to significant cost reductions and improved throughput for models like Llama 3, Mistral, and Mixtral. By utilizing these techniques, users can achieve … Read more
A groundbreaking achievement has been made in quantum computing by Microsoft and Quantinuum. They have developed a qubit virtualization system that has enabled the creation of four highly reliable logical qubits from just 30 physical qubits. This has resulted in an exceptional 800x improvement in error rate, making these logical qubits the most reliable to … Read more
Intel has unveiled a new optical compute interconnect (OCI) chiplet at the recent Optical Fiber Communication (OFC) Conference 2024. The OCI chiplet, developed by Intel’s Integrated Photonics Solutions group, supports 64 channels of 32 Gbps data transmission in both directions over distances of up to 100 meters. This technology can be connected to CPUs and … Read more
AWS and Broadcom have confirmed their ongoing collaboration despite recent disputes over VMware licenses. Broadcom had publicly announced its decision to stop selling VMware licenses to AWS, accusing the hyperscaler of undercutting the company with its own offer. Hock Tan, the CEO of Broadcom, clarified in a blog post that VMware Cloud on AWS is … Read more
Nvidia, a company based in Santa Clara that produces AI chips, has seen a significant increase in its value, reaching $3.338 trillion last week from $346 billion in January 2023. This growth has resulted in many employees becoming millionaires, with stock grants averaging $77,700 per year. According to investment calculations, employees who received stock grants … Read more