Google has recently made announcements regarding new investments in digital infrastructure and security initiatives in Africa, with the goal of expanding connectivity, boosting economic growth, and enhancing resilience in the region. One of the major initiatives introduced is Umoja, which involves the construction of the first fiber optic route connecting Africa directly to Australia. The … Read more
NVIDIA Corp. has provided a positive sales forecast, indicating the continued strong investment in AI computing. The company predicts a second-quarter revenue of around $28 billion, surpassing analysts’ expectations of $26.8 billion. CEO Jensen Huang expressed optimism about the impact of AI on various industries, highlighting its potential for boosting productivity and revenue. NVIDIA has … Read more
Nvidia Corp. has announced impressive financial results, with both profits and revenue rising due to the increasing demand for its chips for artificial intelligence applications. The company’s position as a leader in the AI industry was highlighted in the report, confirming its dominance in the market. Key highlights from Nvidia’s results included a significant increase … Read more
Nvidia announced record-breaking quarterly revenue driven by the growing demand for artificial intelligence in the corporate sector. The company’s CEO, Jensen Huang, highlighted the beginning of a new industrial revolution centered around AI technology. Nvidia generated $26 billion in revenue for the first quarter of fiscal 2025, marking an 18% increase from the previous quarter … Read more
Former Cisco president John Chambers has forecasted that artificial intelligence (AI) will be the driving force behind stock market growth in the next decade. He believes that AI will not only determine the success or failure of companies in the tech sector but also predicts that technology-related stocks will outperform non-AI stocks by a ratio … Read more
Nvidia Corp. saw a surge in its stock price after reporting better than expected earnings and forecasts, reassuring traders that the AI computing sector continues to thrive. The company’s shares rose more than 7% in after-market trading, dispelling concerns about a potential slowdown due to excessive data center equipment spending over the past year. This … Read more
Goldman Sachs analyst Eric Sheridan has reiterated a Buy rating on Alphabet Inc (GOOG, GOOGLE) with a price target of $195. Sheridan highlighted Google’s recent Marketing Live keynote where the company outlined its vision for launching AI tools and services in the digital advertising space. Google is exploring how AI can enhance return on ad … Read more
NVIDIA’s impressive growth is driven by its data center business, which saw a 427% increase in the latest quarter due to the demand for its AI processors. The company is assuring investors that clients investing in their chips will also see profitable returns from AI applications. This indicates that the AI industry has room for … Read more
Amazon Web Services (AWS), the cloud computing arm of Amazon, is collaborating with Indian startups to utilize Generative AI (GenAI) in fields like agriculture, healthcare, education, and environmental sustainability. One example is CropIn, a startup partnering with AWS to address world hunger and food insecurity by leveraging core data architecture, analytics, modeling, and simulation components … Read more
IE 11 is not supported and users are advised to visit the site in a different browser for an optimal experience. The content on the site includes various videos covering topics such as reports of increased sales by Nvidia in the AI sector, the investigation of a ketamine source linked to Matthew Perry’s death, and … Read more