The New York Times Reports on $3.34 Trillion
The New York Times reported that global economy is estimated to be worth 3.34 trillion dollars. Article Source https://www.nytimes.com/2024/06/21/business/3-34-trillion-nvidia-market-value.html
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Times of India reports on scam involving Goldman Sachs, Ozy Media, YouTube Originals executive and fake conference call worth $40 million, with Google CEO Sundar Pichai testifying.
In recent events, Alphabet CEO Sundar Pichai testified in the fraud trial of Ozy Media Inc co-founder Carlos Watson, denying claims that Google intended to acquire the startup. Prosecutors allege that Watson misled investors about Ozy’s success, including falsely claiming that Google offered to buy the company for hundreds of millions of dollars. Ozy Media … Read more
Potential Negative Impact of Nvidia’s Latest Hardware Plans on Dell, HPE, and Other Competitors – Times of India
NVIDIA’s growth is driven by the high demand for AI chips, making it the most valuable company globally. The company is now planning to design server racks for its upcoming flagship GB200 AI chips, challenging server designers like Dell, HPE, and Supermicro. While these server makers have benefitted from increased sales of Nvidia chips, the … Read more
Cisco leverages genAI technology to enhance operational efficiency – The Times of India
Cisco, a leading technology company, has recently announced that they are utilizing artificial intelligence to enhance their operations. Specifically, they are utilizing a platform called genAI to improve efficiency within the company. This development was reported by The Times of India, a reputable news source. By incorporating genAI into their operations, Cisco aims to streamline … Read more
How Nvidia’s new hardware strategy could spell trouble for Dell, HPE, and more – Times of India
Nvidia, the world’s most valuable company, is set to design server racks for its upcoming flagship GB200 AI chips, a move that could disrupt traditional server designers like Dell, HPE, and Supermicro. This initiative may impact the profit margins of these server makers, who have long benefited from the increased sales of Nvidia chips. With … Read more
The Challenges Presented by Intel’s Internal Foundry Model – Times of India
Intel is currently facing a class-action lawsuit that accuses the company of misleading investors about the financial performance of its foundry. The lawsuit, filed by law firm Levi & Korsinsky, invites Intel investors to join the legal action against the chipmaker. The lawsuit claims that Intel failed to disclose the losses incurred by its manufacturing … Read more
Nvidia’s CEO Concerned about Microsoft and Amazon: Here’s Why – Times of India
Nvidia has surpassed Apple and Microsoft to become the most valuable company globally, riding the AI wave as the largest supplier of AI GPUs with major customers like Microsoft and Amazon Web Services. However, CEO Jensen Huang has expressed concerns about whether these major buyers have enough data center space to install their AI chips, … Read more
He Memorized the World using Google Maps, and Now He’s Venturing out to Explore – The New York Times
A man who has a strong memory and an interest in geography has used Google Maps extensively to explore various parts of the world. His passion for travel and discovery has led him to venture out and see the places he has memorized virtually. This unique approach has caught the attention of The New York … Read more
Alia Bhatt, Sakshi Malik, and Satya Nadella all featured on TIME’s ‘100 Most Influential People’ list.
TIME magazine recently released its list of the ‘100 Most Influential People’ for the year, and three prominent Indians made it to the list. Actress Alia Bhatt, wrestler Sakshi Malik, and Microsoft CEO Satya Nadella were among the influential individuals chosen for the prestigious list. Alia Bhatt, one of Bollywood’s leading actresses, was recognized for … Read more
Nutanix Affirms Growth Is Dependent on Larger Deals with Extended Closing Times
Nutanix CEO Rajiv Ramaswami updated investors on the company’s performance and highlighted the challenges posed by larger deals that require strategic decisions and C-suite approvals. The shift in VMware customers due to Broadcom’s price changes is leading to more discussions about switching, but the complexity of these deals is making short-term revenue predictions difficult. The … Read more