Ola Group has successfully migrated all of its workload to Krutrim Cloud, its own AI company, just one week after ending its partnership with Microsoft Azure. Bhavish Aggarwal, the founder and CEO of Ola, announced this transition on the social media platform X (formerly Twitter) on May 22. Aggarwal stated that the company’s Azure spend … Read more
In recent news, stocks of NVIDIA Corp. (NVDA) have been declining due to reports indicating that Amazon.com Inc. (AMZN) has stopped ordering the company’s most advanced superchip. Amazon is reportedly waiting for more powerful models introduced this year before making further orders. Nvidia recently launched its new chip architecture called Blackwell, which contains 208 billion … Read more
Nvidia Corporation is set to release its first-quarter earnings, with mixed opinions from experts on the stock’s growth potential. Ross Gerber of Gerber Kawasaki Investment and Wealth Management believes that Nvidia is fully valued at its current price and may struggle to rise in the near term, while Wedbush analyst Daniel Ives disagrees and sees … Read more
NVIDIA Corp. (NVDA) stocks are decreasing as Amazon.com Inc. (AMZN) reportedly halted orders for the company’s latest superchip to wait for updated models. According to a report from the Financial Times, Amazon’s cloud computing division is pausing orders for NVIDIA’s advanced superchip in anticipation of more powerful models to be released later this year. NVIDIA … Read more
Broadcom Chief Executive Hock Tan isn’t someone who finds blowing money appetizing. But that $40,000 dinner seems to have gone down well. That was the reported cost for Tan to sit at the table of Chinese President Xi Jinping during a dinner at last month’s Asia-Pacific Economic Cooperation conference in San Francisco. It is a … Read more