is buzzing with excitement as Nvidia continues to dominate the AI chip market, with analysts predicting the company could reach a $4 trillion valuation in the near future. Nvidia’s strong performance in the artificial intelligence sector has been a major driver of its soaring chip sales, with demand for AI capabilities increasing across a wide … Read more
S&P 500 futures saw a rise on Thursday morning as investors sought to push the index to a new record high. Futures for the market index increased by 0.2%, while Nasdaq 100 futures surged by 0.64%. On the other hand, Dow Jones Industrial Average futures dropped by 0.04%. This positive momentum comes as the stock … Read more
This week on Wall Street, investors are awaiting several key economic data releases. On Thursday morning, data on initial jobless claims, housing starts, building permits, and the Philadelphia Federal Reserve’s manufacturing survey will be released. Friday will bring the release of services and manufacturing PMI data as well as existing home sales figures. Despite the … Read more
NVIDIA has surged past Microsoft and Apple to become the world’s largest company by market value. This milestone has had ripple effects in the broader market, with the Nasdaq reaching a seventh consecutive record close, the S&P 500 experiencing a record 30 closings this year, and the market having its best year since 2021. The … Read more
In an exclusive interview with ITPro, Hewlett Packard Enterprise (HPE) CEO Antonio Neri emphasized the importance of simplicity in the user experience as a crucial factor for driving innovation in artificial intelligence (AI). Neri believes that the “simplicity of experience” is key to unlocking the full potential of AI technology and maximizing its impact on … Read more
IBM Consulting is partnering with SAP and clients to deliver innovative AI solutions. The collaboration aims to help businesses transform their industries and optimize processes. The recent Value Generation Partnership initiative has led to the launch of the first 10 out of 100 planned AI solutions. These solutions target various industries including manufacturing, CPG, retail, … Read more
Investors are eagerly awaiting the release of the monthly non-farm payrolls report in the US to gain insights into the Federal Reserve’s potential interest rate cuts. Expectations suggest an increase of 185,000 jobs, which would indicate a slight improvement from the previous month. Concerns have arisen over potential rate cuts due to a strong economy, … Read more
The principle “the customer is always right” popularized by pioneers like Marshall Fields and Harry Gordon Selfridge remains relevant in the 21st century. Understanding customer needs has evolved from simple listening to complex data analysis throughout the customer journey, enabled by advances in technology. Cloud technology empowers SMBs to access resources traditionally reserved for larger … Read more
The transformative technology of our time, AI, has led individuals and organizations across all sectors into a new era. Over the past year, we have witnessed its power as a catalyst for growth, innovation, and unlocking human potential. From enhancing business processes to redefining roles and functions, the impact of AI is crucial for our … Read more
NVIDIA’s CEO, Jensen Huang, praised Tesla’s Full Self-Driving system (FSD) as the most advanced on the market, powered by Nvidia chips. Huang emphasized Tesla’s revolutionary approach to autonomous driving, specifically highlighting Tesla’s fully self-driving version 12 as an end-to-end generative model that learns from immersive videos to predict paths and drive the car. In a … Read more