Amazon Web Services (AWS) is making long-term investments in China, focusing on delivering generative artificial intelligence (AI) technology and supporting Chinese companies in their digital transformation. Rob Chu, corporate vice president and president of AWS Greater China, stated that the company will continue to invest in generative AI and drive enterprises to accelerate their digital … Read more
China is making moves to bolster its domestic semiconductor industry by creating the largest semiconductor investment fund in its history, called Gran Fondo III. This fund has raised 344 billion yuan (about $48 billion) from the Chinese central government, banks, and state-owned enterprises. The goal is to circumvent the US government’s ban on chips from … Read more
Nvidia recently became the eighth company this year to announce a forward stock split. Although stock splits do not impact a company’s market value, they historically have a bullish effect. Bank of America analysis suggests that stock splits can result in an average one-year return of 25%, compared to around 12% for the broader market. … Read more
Stocks saw a rally on Friday, with the S&P 500 marking its fifth consecutive week of gains. This surge was largely driven by tech stocks, a sector that has been leading the market’s upward momentum since late 2022. The Nasdaq Composite hit a new all-time high on Friday, while the Dow Jones Industrial Average also … Read more
Amazon Web Services (AWS) has announced the largest technological investment in Spain, amounting to 15.7 billion euros. This project aims to provide cloud-based services and will result in the creation of 17,500 jobs over the next ten years, with a third of them being located in Aragon. The investment is expected to boost Spain’s Domestic … Read more
NVIDIA has announced its plans to enhance the power of Copilot+ PCs, Microsoft’s AI-enabled laptops, by equipping them with Nvidia RTX GPUs. According to a blog post by Nvidia, the upcoming Copilot+ PCs will feature new low-power system-on-a-chip and RTX GPUs to provide greater performance for gamers, creators, enthusiasts, and developers. The company also mentioned … Read more
The stock market is relatively flat as investors eagerly await Nvidia’s first-quarter results. One standout sector is cryptocurrencies, with Ethereum surging on hopes of an ether ETF approval, which is also boosting bitcoin prices. Other popular stocks on Yahoo Finance include Palo Alto Networks, XPeng, and Trump Media & Technology Group. Today’s top guests on … Read more
Microsoft Build 2024 is just around the corner, and the Microsoft Commercial Marketplace is at the forefront of spreading innovation in the age of AI. Developers are utilizing the marketplace to access cutting-edge AI tools that accelerate the adoption of next-generation solutions for their organizations. Customers are also increasingly turning to the marketplace to quickly … Read more
Nvidia, a leading tech company, is set to release its Q1FY25 results on May 22, with expectations of another strong quarter. The demand for generative AI in various applications has led to a positive outlook for Nvidia, known for its high-end graphics processing chips that are essential for AI workloads. The company is projected to … Read more
Google, owned by Alphabet Inc, has announced a $1.1 billion investment to expand its data center campus in Finland. This move is aimed at bolstering its artificial intelligence (AI) capabilities in Europe and reflects Google’s dedication to enhancing its technological infrastructure in the region. The Nordic countries, including Finland, have become popular locations for data … Read more