Nvidia, known for its computer chips utilized in artificial intelligence software, became the world’s most valuable company after its share price reached an all-time high on Tuesday. The stock closed the trading day at nearly $136, experiencing a 3.5% increase, surpassing Microsoft in value. Earlier this month, Nvidia had surpassed Apple in value as well. … Read more
Nvidia is currently the most valuable company in the world, according to Axios. This tech giant has seen significant success and growth in the market, making it a dominant force in the industry. Nvidia’s value speaks to its strong performance and success in the market, as well as its position as a leader in technology … Read more
Nvidia took the lead as the most valuable company in the world, boasting a market capitalization of $3.34 trillion on Tuesday, surpassing both Microsoft and Apple. This surge in value can be attributed to the global demand for AI processors and Nvidia’s significant growth and financial success. In the first quarter of fiscal year 2024, … Read more
Microsoft recently faced another round of layoffs affecting its HoloLens 2 and Azure departments despite its impressive profits and market capitalization of $3 trillion. A leaked email memo suggested that the layoffs in the Azure department were to make way for AI advancements. The layoffs have affected almost all of Microsoft’s departments, including the gaming … Read more
American multinational technology company Nvidia briefly overtook Apple as the world’s second most valuable company. This milestone comes in the midst of Nvidia’s strong stock performance and market capitalization reaching $3 trillion. The surge in Nvidia’s value is attributed to its dominance in the graphics processing unit (GPU) market and the growing demand for its … Read more
Jensen Huang, the founder and CEO of Nvidia, has seen his wealth skyrocket in recent months to reach levels comparable to the GDP of an Eastern European country. His company, established in 1993 in a Denny’s in California, specializes in hypercomplex microprocessors that now power artificial intelligence technology, thanks to their ability to handle extreme … Read more
Malaysian-born businessman Tan Hock Eng has been named the highest-paid CEO in the world for 2023, earning a compensation of US$162 million. This exceeds the earnings of notable figures like Mark Zuckerberg, Elon Musk, and Tim Cook. As the CEO of Broadcom Inc., Tan has consistently topped the salary charts since 2006. Despite his success, … Read more
During a recent computing event in Germany, images were captured of one of El Capitan’s blade servers showcasing the incredible density of AMD MI300A APUs. The images highlight just how compact and powerful each blade is, demonstrating the cutting-edge technology being utilized in these servers. This showcases the impressive advancements in computing technology and the … Read more
AI21, a company based in Tel Aviv, Israel, announced a new collaboration with Microsoft to integrate their Jamba model into Microsoft Azure AI. This collaboration brings AI21’s latest Jamba-Instruct model to Azure AI as part of its Models as a Service (MaaS) offering. The Jamba-Instruct model is the first production-level LLM based on the Mamba-Transformer … Read more
A blade server featuring the powerful AMD Instinct MI300A APU from the upcoming El Capitan Supercomputer was showcased at the ISC High Performance event in Hamburg, Germany. The server blade, known as the HPE Cray Supercomputing EX255a accelerator blade, includes eight MI300A chips in a single-slot 1U blade chassis. The compact design incorporates copper cooling … Read more