Nvidia set to expand into Middle East as AI exports from U.S. face restrictions, states Ooredoo CEO

Nvidia set to expand into Middle East as AI exports from U.S. face restrictions, states Ooredoo CEO

Nvidia has signed a significant deal with Qatari telecoms group Ooredoo to deploy its artificial intelligence technology in data centers in six Middle Eastern countries. This move comes as a response to Washington’s restrictions on the export of American chips to the region. Ooredoo will be the first company in the region to offer direct … Read more

Forecast: Nvidia’s AI Stock May Face Challenges in Maintaining Trillion-Dollar Market Cap by 2026 | The Motley Fool

Forecast: Nvidia’s AI Stock May Face Challenges in Maintaining Trillion-Dollar Market Cap by 2026 | The Motley Fool

The rapid growth of artificial intelligence (AI) has investors excited about the potential for massive returns. NVIDIA, in particular, has seen unprecedented success in the market, with its stock skyrocketing and the company becoming the world’s largest publicly traded company. However, experts warn that the current euphoria surrounding AI stocks, including NVIDIA, may be unsustainable … Read more

Exploring the Potential of Autonomous Trucking in the Face of Nvidia Uncertainty

Exploring the Potential of Autonomous Trucking in the Face of Nvidia Uncertainty

Nvidia shares continued to decline on Friday, dragging the S&P 500 down with them. WAABI CEO Raquel Urtasun discussed the company’s use of generative AI for autonomous driving, securing $200 million in funding from investors such as Uber, Nvidia, and Volvo. Yahoo Finance reporter Jared Blikre analyzed market trends, including rising oil prices. Jennifer Schonberger … Read more

Intel’s Moon-themed chip “Lunar Lake” could face a delay until late 2024.

Intel’s Moon-themed chip “Lunar Lake” could face a delay until late 2024.

The AI PC race has kicked off this year with new hardware featuring powerful NPUs from various manufacturers. However, Intel seems to be falling behind in this competition. While the company technically launched its Meteor Lake line of processors late last year, there have been reports of delays in the shipments of its Lunar Lake … Read more

Intel’s Lunar Lake CPUs may face delays, potentially missing out on the back-to-school rush.

Intel’s Lunar Lake CPUs may face delays, potentially missing out on the back-to-school rush.

Intel’s Lunar Lake-based laptops, set to be released in Q3 2024, have been delayed until Q4 2024. This delay may impact availability for holiday shoppers, as discounts on the newest models may be scarce. Manufacturers may continue to rely on existing models like the Asus Zephyrus G14 until the Lunar Lake laptops are released. Shipments … Read more

Banks remain resilient in the face of junk debt concerns, successfully selling $3.8 billion Citrix bonds.

Banks remain resilient in the face of junk debt concerns, successfully selling .8 billion Citrix bonds.

Goldman Sachs Group Inc and a group of banks are planning to hold an investor call on Monday to sell $3.8 billion in Citrix Systems bonds, marking a significant turnaround in the junk debt market following last month’s banking crisis that left it frozen. This sale, the largest of its kind since recent bankruptcies and … Read more

SWN #390: Achieving BCNF with Azure, Roaring Kitty, Hugging Face, Okta, Linux, Oracle, and Josh Marpet

SWN #390: Achieving BCNF with Azure, Roaring Kitty, Hugging Face, Okta, Linux, Oracle, and Josh Marpet

In the latest issue of SC Media, various technological topics were discussed, including BCNF, Azure, Roaring Kitty, Hugging Face, Okta, Linux, Oracle, and Josh Marpet. These topics cover a wide range of subjects within the tech industry. BCNF stands for Boyce-Codd Normal Form, which is a database normalization technique used to minimize redundancy and improve … Read more

Google and Meta face disaster as the AI gold rush hits a bottleneck

Google and Meta face disaster as the AI gold rush hits a bottleneck

A recent study suggests that artificial intelligence systems like ChatGPT may soon exhaust the vast amount of publicly available text data that has been used to train them, potentially leading to a bottleneck in AI development between 2026 and 2032. Companies like OpenAI and Google are already scrambling to secure high-quality data sources for their … Read more

“Several candidates from SML/GRA deal face potential jail time” – Analysis by Manasseh Azure for MyJoyOnline

Investigative journalist Manasseh Azure Awuni has raised concerns about the contract between the Ghana Revenue Authority (GRA) and Strategic Mobilization Limited (SML), citing numerous violations that could result in legal action. He believes that individuals responsible for these irregularities could face imprisonment and emphasizes the need to recover misappropriated state funds for national development. During … Read more

Amazon partners with AI startup Hugging Face to utilize Amazon chips

Amazon partners with AI startup Hugging Face to utilize Amazon chips

Amazon Web Services (AWS) has announced a partnership with artificial intelligence startup Hugging Face to make it easier for developers to run AI models on Amazon’s custom computing chips. Hugging Face, valued at $4.5 billion, is a popular platform for AI researchers and developers to access and test open source AI models. This partnership will … Read more