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Microsoft Corp (NASDAQ: MSFT) has agreed to spend potentially billions of dollars over multiple years on cloud computing infrastructure from startup CoreWeave. CoreWeave, announced Wednesday that it raised $200 million from hedge fund Magnetar Capital just over a month after the company reached a valuation of $2 billion, CNBC cites familiar sources. CoreWeave sells simplified access to Nvidia Corp’s (NASDAQ: NVDA) graphics processing units, which are ideal for running AI models. Nvidia invested
OneDegree Group旗下保險科技及資訊保安公司OneDegree Global宣布，與微軟(MSFT.US)進行戰略合作，旗下保險科技解決方案IXT及資訊保安解決方案Cymetrics將融入微軟的Azure OpenAI服務。 公司並宣布推出IXT Seeble及Cymetrics Copilot兩大生成式人工智能服務，料將協助保險公司及機構應付業務上具複雜性的挑戰。OneDegree共同創辦人梁德源表示，是次合作有助公司全面運用人工智能，為客戶提供頂尖的服務體驗價值，亦將加快產品創新，以塑造保險科技及資訊保安的未來生態。(gc/k)~ 阿思達克財經新聞 網址: www.aastocks.com
Apple, Nvidia, Alphabet, Microsoft, and Amazon have seen their shares skyrocket this year. In fact, the gains in just a handful of stocks have powered the major indexes higher. Yahoo Finance's Jared Blikre explains.
C3.ai shares were punished by investors on Thursday after the company failed to deliver the kind of blowout numbers recently reported by some peers in the AI race.
In this article, we will be taking a look at 10 stocks Cramer thinks can weather a debt default. To explore similar stocks, you can go see 5 Stocks Cramer Thinks Can Weather a Debt Default. “When The Market Throws a Sale, I Tell You To Do Some Buying” On May 12, Jim Cramer noted […]
Brazilian-born Microsoft alum Lidiane Jones has a wealth of experience in navigating culture clashes.
Ariel Investments, an investment management company, released its “Ariel Global Fund” first-quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the Ariel Global fund traded +4.19% higher, trailing the +7.31% return of the MSCI ACWI Index and outperforming the MSCI ACWI Value Index’s +1.24% gain. Utilities holdings and […]
As chipmaker Nvidia soars above a $1 trillion market value, investors are searching for the next big tech name that could see the same AI boost. Portfolio Manager of the BullseyeBrief.com American Ingenuity Fund Adam Johnson details several tech stocks that could follow Nvidia's lead and capitalize on artificial intelligence trends.
Nvidia is the go-to name for AI chips, and powering Wall Street's hype train.
Despite Nvidia Corp's (NASDAQ: NVDA) AI moat, companies developing their AI models are migrating towards custom chips to curtail costs and tackle compatibility issues and supply crises. Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google is on its fourth iteration of its in-house Tensor Processing Unit (TPU). Meta Platforms, Inc's (NASDAQ: META) inaugural custom AI chip, Meta Training Inference Accelerator (MTIA), will likely go live in 2025. Microsoft Corp (NASDAQ: MSFT) has also jumped into the
Fortune has identified 11 CEO stars in the making—many of them already in the C-suite, and all potential large-company CEOs.
Nvidia's Computext announcements show why it owns the market for A.I. chips, but its dominance is stirring resentment from would-be rivals and customers alike
In this article, we will take a look at the 11 best AI ETFs to invest in 2023. To see more such ETFs, go directly to 5 Best AI ETFs to Invest In 2023. The stock market is all about AI these days. Investors, venture capitalists and investment funds are pouring money into AI companies. […]
Microsoft Corp (NASDAQ: MSFT) stock keeps grabbing attention thanks to the ChatGPT frenzy. The session volume crossed the 12 million mark vs. the 100-day average volume of 29 million. BHP Group Limited (NYSE: BHP) tapped the software firm to leverage its artificial intelligence and machine learning to improve copper mining to meet the demand for decarbonization technologies. Microsoft's developer conference last week made exciting revelations. Microsoft Azure OpenAI customers climbed by 80% mont
The strong gains by Microsoft's shares this year could increase as the company starts making more money from A.I. in its cloud products.
BHP Group Ltd (NYSE: BHP) is collaborating with Microsoft Corp (NASDAQ: MSFT) to use artificial intelligence and machine learning to improve copper mining. The use of new digital technology to optimize concentrator performance at BHP's Escondida operation in Chile is expected to improve copper recovery. BHP estimates the world would need to double the amount of copper produced over the next 30 years, relative to the past 30 to meet the demand of decarbonization technologies. By using real-time p
Statement with more than 350 signatories says mitigating the risk of extinction should be a ‘global priority’
AI hype is in full bloom in the US stock market. And the biggest names in the market are doing the heavy lifting pushing stocks higher.
The securities arm of state-owned conglomerate China Merchants Group (CMG) has scrapped its participation in a tender for artificial intelligence (AI) services provided by US tech giant Microsoft, according to a Monday post on the group's website, highlighting the growing sensitivity for Chinese firms of sharing domestic data with foreign firms. Shenzhen-based Merchants Securities, the securities arm of CMG, said in the notice that it had scrapped an offer to procure Microsoft's large language m
China's State Administration for Market Regulation (SAMR) has cleared Microsoft's US$69-billion purchase of video gaming giant Activision Blizzard, although the deal still faces antitrust scrutiny in the US and UK. The SAMR gave the green light to the takeover "unconditionally", according to a statement published to its official website on Tuesday. The approval was dated May 18. The blockbuster deal has so far been approved by nearly 40 countries, including 27 in the European Union, along with J
國家市場監管總局公布5月15至21日無條件批准經營者集中案件列表，包括批准微軟(MSFT.US)收購動視暴雪(ATVI.US)股權案，審結時間為5月18日。(jl/da)~ 阿思達克財經新聞 網址: www.aastocks.com
Nvidia debuted a host of new AI technologies on Monday, as the chip giant's stock price soared on a positive second quarter outlook.