The Los Angeles 2028 Olympics committee, also known as LA28, has recently secured a sponsorship agreement with technology giant Cisco. This agreement promises to contribute to the committee’s sponsorship income fund, providing financial support for the upcoming Olympic Games. LA28’s partnership with Cisco is expected to bring in significant revenue, helping to support various aspects … Read more
Oracle Co. saw a 2.4% increase in its stock price on Wednesday after Argus raised its price target on the stock from $145 to $159, with a Buy rating. The stock traded as high as $145.06 and closed at $144.64, with higher trading volume than usual. Other analysts have also given their opinions on Oracle, … Read more
Nvidia’s impressive growth, leading to a market cap of $3.34 trillion, has had a positive impact on technology stocks in Asia. Companies like Taiwan Semiconductor Manufacturing Corp (TSMC) and Hon Hai Precision Industry (Foxconn) saw gains of over 4%. In Japan, Advantest and SoftBank Group Corp also experienced significant increases in their stock prices. South … Read more
In a recent development, Nvidia’s stock saw a significant increase overnight, leading to a boost in chip stocks across Asia. This surge was fueled by growing optimism surrounding the potential benefits of artificial intelligence (AI). The rise in Nvidia’s stock price has prompted a positive response in the Asian market, with other chip stocks experiencing … Read more
Bing has recently introduced a new feature called Bing Image Creator, which allows users to request images during a conversation with the chatbot. The process is simple and fast, with completed images typically delivered in about 10 seconds or less. However, Microsoft throttles image processing speed beyond a certain threshold, prompting users to use “boosts” … Read more
A recent update in the Linux kernel has resulted in significant performance improvements for Intel Core Ultra “Meteor Lake” processors. Intel engineer Srinivas Pandruvada released a patch that adjusts the power performance preference (EPP) value for Meteor Lake, leading to a 19% increase in performance and an 11% improvement in performance per watt. The patch … Read more
Hewlett Packard Enterprise (HPE) recently reported a sales increase of over 12% in the third quarter, surpassing Wall Street forecasts. The growth was driven by the rising demand for AI-optimized servers, with companies like HPE supporting energy-intensive data centers due to investments in generative AI technology. CEO Antonio Neri shared that lead times for Nvidia’s … Read more
Allianz Asset Management GmbH increased its stake in Nutanix, Inc. during the 4th quarter, now owning over 200,000 shares. Other large investors like Massachusetts Financial Services Co. and M&T Bank Corp have also adjusted their positions in the company. Nutanix’s stock price has fluctuated between $26.47 and $73.69 in the past year, currently trading at … Read more
Nvidia has reported a record $26 billion in total revenue, with data center sales accounting for more than $22.6 billion. The company’s founder and CEO, Jensen Huang, highlighted the impact of artificial intelligence (AI) in revolutionizing data centers and driving significant productivity gains across industries. Nvidia’s revenue increased by 18% from the previous quarter and … Read more
Nutanix is expanding its cloud-native AI support to provide simplified platforms and tools for user organizations. The Nutanix Kubernetes Platform (NKP) combines Nutanix’s Kubernetes Engine with the D2IQ family of products, acquired in 2023. The platform aims to help users launch and manage Kubernetes more easily, with automated AI inputs and support for cluster management. … Read more