Nvidia loses top spot as world’s most valuable company in less than a week due to $220 billion selloff, now in third place

Nvidia loses top spot as world’s most valuable company in less than a week due to 0 billion selloff, now in third place

NVIDIA Corp’s brief reign as the world’s most valuable company was short-lived, with shares falling 6.7% in two days and wiping out over $220 billion in market capitalization. This drop pushed Nvidia out of the top spot, with Apple Inc. and Microsoft Corp. now holding higher market capitalizations. The sudden reversal followed a rapid rise … Read more

CEOs in Banking and Financial Markets Place Bets on Gen AI, Despite Lingering Challenges, Finds IBM Study

CEOs in Banking and Financial Markets Place Bets on Gen AI, Despite Lingering Challenges, Finds IBM Study

A recent survey conducted by the IBM Institute for Business Value revealed that banking and financial markets CEOs are facing workplace and cultural challenges as they strive to implement and scale generative artificial intelligence (AI) across their organizations. The survey, which polled 3,000 CEOs, highlighted that 57% of banking and financial markets CEOs believe that … Read more

Google’s top homework assistant, NotebookLM, now operates with its strongest AI model in place

Google’s top homework assistant, NotebookLM, now operates with its strongest AI model in place

Google is rolling out a significant update to NotebookLM called Gemini 1.5 Pro, which offers free access to powerful AI capabilities for academic research. This new version allows for more external sources, larger context windows, and up to 25 million words of data for study guides and FAQs. The expansion of NotebookLM availability to over … Read more

Nvidia’s AI Leadership Forces Intel and AMD into Battle for Second Place – Intel (NASDAQ: INTC), Advanced Micro Devices (NASDAQ: AMD)

Nvidia’s AI Leadership Forces Intel and AMD into Battle for Second Place – Intel (NASDAQ: INTC), Advanced Micro Devices (NASDAQ: AMD)

Nvidia Corp. is seeing a rise in income, thanks to its AI business leading the way. This has prompted competitors Intel Corporation and Advanced Micro Devices Inc. to increase efforts to challenge Nvidia’s market dominance. Nvidia’s revenue has more than tripled for the third consecutive quarter, with a strong outlook for the future. The company’s … Read more

Nvidia’s AI supremacy forces Intel and AMD to compete for second place

Nvidia’s AI supremacy forces Intel and AMD to compete for second place

Chipmakers are focusing on artificial intelligence (AI) “inference” and personal computers (PCs) as the new battlegrounds in the technology industry. This shift in focus comes as companies look to capitalize on the growing demand for AI-powered devices and products. AI inference refers to the process of using AI algorithms to make decisions based on data. … Read more

Teen from Kalispell takes first place in Google Doodle contest

Teen from Kalispell takes first place in Google Doodle contest

A student from Kalispell Glacier High School has emerged as one of the winners of this year’s Google Doodle contest. Anitha Ravipati’s artwork will be featured on the Google home page, selected from a pool of tens of thousands of entries. The theme for this year’s contest was “My wish for the next 25 years,” … Read more

Intel and HPE place focus on sustainability in processor design and manufacturing – SiliconANGLE

Intel and HPE place focus on sustainability in processor design and manufacturing – SiliconANGLE

Sustainability is a crucial aspect in the development, manufacturing, and use of processors, reflecting a growing concern for the environmental impact of technology. Jean-Laurent Philippe, the chief technology officer for EMEA at Intel Corp, highlighted the company’s long-standing commitment to sustainability, dating back to their first sustainability report in 1994. During a discussion with industry … Read more

Proxmox gives VMware ESXi users a place to go after Broadcom kills free version

Proxmox gives VMware ESXi users a place to go after Broadcom kills free version

Broadcom has made sweeping changes to VMware’s business since acquiring the company in November 2023, killing off the perpetually licensed versions of VMware’s software and instituting large-scale layoffs. Broadcom executives have acknowledged the “unease” that all of these changes have created among VMware’s customers and partners but so far haven’t been interested in backtracking. Among … Read more

Nutanix CEO: VMware customers ‘not in a happy place’ | Computer Weekly

Nutanix CEO: VMware customers ‘not in a happy place’ | Computer Weekly

Nutanix CEO Rajiv Ramaswami has claimed many VMware customers have doubts about whether VMware will remain the right long-term platform for them following Broadcom’s acquisition of the virtualisation pioneer. Speaking to Computer Weekly, he said customers are uncomfortable with VMware’s direction, noting that although they have relied on its software to run mission-critical systems, they … Read more