Nvidia stock undergoes correction as selloff intensifies, lowering AI chip giant’s market cap to under $3 trillion.

Nvidia stock undergoes correction as selloff intensifies, lowering AI chip giant’s market cap to under  trillion.

NVIDIA Corp. shares fell by 4.8% on Monday, pushing the AI-focused chipmaker into correction territory after a three-day decline, resulting in a total drop of 12%. This decline also affected other chipmakers, with the Philadelphia Stock Exchange’s semiconductor index falling by up to 2.2%. Companies like Broadcom Inc., Semiconductor Manufacturing in Taiwan Co., and Qualcomm … Read more

Oracle Cloud assists health insurers in simplifying data complexity and lowering IT expenses | ORCL Stock Updates

Oracle Cloud assists health insurers in simplifying data complexity and lowering IT expenses | ORCL Stock Updates

Oracle has launched a new Health Insurance Data Exchange Cloud Service to simplify and secure data sharing with CMS and employer groups. This cloud-native solution allows insurers to create custom data mappings, accelerate processing of new data formats, and streamline integration with partners. The service supports industry-standard formats like HIPAA X12 EDI and enables real-time … Read more

The Role of AWS in Lowering the Environmental Impact of AI Operations

The Role of AWS in Lowering the Environmental Impact of AI Operations

A recent study highlights the role of Amazon Web Services (AWS) in promoting environmental sustainability in the realm of artificial intelligence (AI) and machine learning. According to Sanjay Podder, a Global Technology Sustainability Leader at Accenture, AWS’s focus on hardware and cooling efficiency, carbon-free power sources, purpose-built silicon, and optimized storage solutions can assist organizations … Read more