Chip manufacturer Nvidia is set to launch its products in the Middle East despite ongoing restrictions on AI exports from the US to the region, according to Ooredoo CEO in a recent statement to Reuters. The move comes as a significant development in the tech industry, as Nvidia gears up to tap into the growing … Read more
Nvidia has signed a significant deal with Qatari telecoms group Ooredoo to deploy its artificial intelligence technology in data centers in six Middle Eastern countries. This move comes as a response to Washington’s restrictions on the export of American chips to the region. Ooredoo will be the first company in the region to offer direct … Read more
Oracle, a leading technology company, has announced its plans to invest over one billion dollars in artificial intelligence and cloud computing in Spain. This significant investment highlights Oracle’s commitment to expanding its presence in the rapidly growing AI and cloud computing markets. The company’s decision to allocate such a substantial amount of funds demonstrates its … Read more
Nvidia has seen a significant rise in its market value, becoming the largest company in the United States when five years ago it didn’t even rank in the top 20. This marks a remarkable achievement for the technology company, which is known for its graphics processing units and artificial intelligence capabilities. This rise in prominence … Read more
NVIDIA’s stock price has surged to $140, despite the US markets being closed. This increase suggests strong investor confidence in the company’s performance. Wall Street operates around the clock, allowing for price fluctuations even when regular trading hours are not in session. Investors are closely monitoring NVIDIA’s stock movement, which may indicate positive developments for … Read more
Nvidia, the tech giant known for its innovative graphics processing units (GPUs), has recently surged ahead of Microsoft to claim the title of the most valuable company in the United States. The company’s stock has seen a significant rise in value, surpassing even industry giants like Microsoft. This milestone is a testament to Nvidia’s continued … Read more
Global stock markets showed mixed results today after US chipmaker Nvidia set new records on Wall Street. The company’s shares soared after reporting strong earnings and revenue growth, boosting investor confidence in the tech sector. In the US, the S&P 500 and Nasdaq both closed at record highs, led by gains in tech stocks like … Read more
Nvidia, a leading American technology company, has found itself in hot water over allegations that it allowed Chinese companies to obtain its high-powered artificial intelligence chips, despite strict US restrictions on exports to China. One of the main beneficiaries of this alleged loophole is ByteDance, the Chinese tech giant behind popular apps like TikTok. According … Read more
Saurabh Netravalkar, the chief engineer at Oracle, played a crucial role in the United States’ surprising victory over Pakistan in the T20 Cricket World Cup on June 6, 2024. Netravalkar, who also serves as a left-arm fast bowler for the US team, has excelled in both his professional and athletic endeavors. Born in Mumbai in … Read more
Federal regulators have agreed to continue antitrust investigations into Microsoft, Open AI, and Nvidia’s roles in the AI industry, signaling increased scrutiny over the powerful technology. The Justice Department and FTC reached the agreement, with the Justice Department focusing on Nvidia, while the FTC will examine Open AI and Microsoft’s practices. The investigation follows a … Read more